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$420,000

153 Wrangell Way, Dripping Springs, TX, 78620

PendingInfo
Beds4 Beds
Baths2 Bath
Baths1,756 Sq Ft
price_per_sqft$239.18 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range, Microwave, Oven, Range Hood, Stainless Steel Appliances
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size5,303 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APNR199709
Lot Number6
SubdivisionCannon Ranch Subdivision Phase 1
Land UseResidential, 5 Acres Or Less
Legal DescriptionCANNON RANCH SUBDIVISION PHASE 1, BLOCK 1, LOT 6, 5303 SQUARE FEET TAX CODES:RSP,SDS,TDS1
Census Tract010809
Assessed Land Value$70,800
Assessed Improvement Value$324,270
Assessment Year2025

About this property

Welcome home to this beautifully maintained single-story residence in the heart of Dripping Springs! Offering 4 bedrooms, 2 bathrooms, and a bright, open-concept layout, this home combines modern finishes with comfortable everyday living. The spacious kitchen is the heart of the home, featuring crisp white cabinetry, quartz countertops, stainless steel appliances, a gas cooktop, beautiful tile backsplash, and an oversized island that’s perfect for gathering with family and friends. The kitchen flows seamlessly into the dining and living areas, creating an ideal space for entertaining. The private primary suite offers a relaxing retreat with a spa-inspired ensuite featuring dual vanities, a soaking tub, separate walk-in shower, and generous walk-in closet. Three additional bedrooms provide flexibility for guests, a home office, or growing families. Enjoy easy, low-maintenance living with durable flooring throughout the main living spaces, abundant natural light, and a functional floor plan designed for today’s lifestyle. Located in desirable Dripping Springs, you’ll enjoy the charm of the Texas Hill Country while being just minutes from shopping, dining, parks, and top-rated Dripping Springs ISD schools.

Investor Tools

$0Estimated Mortgage Balance
$414,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$692
$395,070
2025
$70,800
$324,270
$395,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$692
$395,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$435,000
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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153 Wrangell Way | Property Details | No Agent List