$511,000
NAL Estimated Property Value142 Iron Rail Rd, Dripping Springs, TX, 78620
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesConvection Oven, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Free-Standing Range, Self Cleaning Oven, Water Heater
FlooringCarpet, Tile, Wood
Exterior
Exterior FeaturesPrivate Yard
Lot Size5,009 sqft
Building Information
Year Built2017
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR150523
Lot Number9
SubdivisionTexas Heritage Village Sec 4
Land UseResidential
Legal DescriptionTEXAS HERITAGE VILLAGE SEC 4, BLOCK A, LOT 9, ACRES 0.115 TAX CODES:GHA,RSP,SDS,TDS1
Census Tract010809
Assessed Land Value$106,200
Assessed Improvement Value$368,700
Assessment Year2025
About this property
Looking for a stunning home, with phenomenal professional designer touches walking distance from downtown Dripping Springs with a private yard? This stellar home fits all of your needs and FAR more and is available FURNISHED! Custom features of this home include a COMPLETELY custom European style kitchen, premium real wood flooring downstairs, designer fixtures/finishes through-out, 2 living spaces plus a plug-and-play media room, a spacious backyard AND it backs to Founders Memorial Park!Restrictions: Yes
Investor Tools
$511,000
Estimated Property Value
$267,448Estimated Mortgage Balance
$244,100Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,066 /month
Positive
Cash Flow Estimate:
$1,022 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
$45/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,637
$474,900
2025
$106,200
$368,700
$474,900
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,637
$474,900
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$301,650
No
First
Jun 19, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,448
$232,552
46%
52%
$1,809/mo
