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Days344Days on Market
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$450,000

141 Hill Cove, Dripping Springs, TX, 78620

On MarketInfo
Baths536 Sq Ft
Year BuiltBuilt in 1995

Exterior

Lot Size5.45 acres

Building Information

Year Built2016
Stories1

Land Information

APNR34859
Lot Number19B
SubdivisionLongview Ii
Land UseResidential
Legal DescriptionLONGVIEW II, LOT 19B, ACRES 5.453 TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$640,624
Assessed Improvement Value$20,624
Assessment Year2025

About this property

Water front weekend retreat! This 5.4 acre creek front lot features it's own power and permitted aerobic septic, with a 536 square foot cabin. There is a water tank (approx 2500 gal) to provide water to the cabin. With direct access to Sycamore Creek and views of the surrounding canyon this serene spot is ready for all your wildest dreams, whether it's the simple weekend life, or building out your dream home on one of several level build sites. Cabin is currently hooked into permitted septic system, which has room to expand for main house addition. Plenty of space for your animals and outdoor adventures. Bring your imagination!

Investor Tools

$0Estimated Mortgage Balance
$661,248Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,967 /month
Positive
Cash Flow Estimate:
$1,322 /month

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Jeff Coffman

Coffman Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,327
$661,248
2025
$640,624
$20,624
$661,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,327
$661,248

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$661,248
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Dripping Springs

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141 Hill Cove | Property Details | No Agent List