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$592,000

154 Bartlett Peak Ln, Dripping Springs, TX, 78620

$629,330 ARVInfo
Under ContractInfo
Beds5 Beds
Baths4 Bath
Baths3,444 Sq Ft
price_per_sqft$181.48 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Range, Double Oven, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size8,712 sqft

Building Information

Year Built2020
Stories1
Garage Spaces1

Land Information

APNR170789
Lot Number4
SubdivisionBig Sky Ranch Phase 1 At Dripping Spring
Land UseResidential
Legal DescriptionBIG SKY RANCH PHASE ONE AT DRIPPING SPRINGS, BLOCK 29, LOT 4, ACRES 0.2 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$106,200
Assessed Improvement Value$425,136
Assessment Year2025

About this property

*BRAND NEW CARPET INSTALLED 4/26* Zoned to the brand new Wildwood Springs Elementary School with one of the lowest property tax rates in DSISD, this former Big Sky Ranch model home is set up for modern living. It features 2 bedrooms and 2 full bathrooms on the main level, ideal for multigenerational living or long term guests. It also includes an 8 foot garage door opening, allowing space for a truck, SUV, or trailer; a small but rare feature in most new homes. With 3,444 square feet, 5 true bedrooms, and 4 full baths, the Pecan floor plan offers the size and layout buyers are looking for without needing to compromise. The Pecan model is no longer being built by Meritage making this a true opportunity. As a former model home, it comes with upgrades already in place, including a 2.5 car garage, fireplace, extended patio, premium landscaping, upgraded kitchen cabinetry with drawer stacks, whole home surround sound, built in security cameras, and every room has a ceiling fan. The main living area is open and functional with tall ceilings, designed for everyday use and easy hosting. Upstairs, you’ll find 3 bedrooms and 2 full bathrooms, along with a large loft overlooking the main living area with Hill Country views. A dedicated media room, wired for surround sound, adds a separate space for movies, sports, or entertainment. Located in Big Sky Ranch, just minutes from downtown Dripping Springs, with convenient access to shopping, dining, and daily essentials.

Investor Tools

$371,352Estimated Mortgage Balance
$220,648Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$629,330
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$882/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,621
$531,336
2025
$106,200
$425,136
$531,336
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,621
$531,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
River Bear Home Loans Llc
Conventional
$380,935
No
First
Dec 31, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,352
$220,648
37%
63%
$2,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,329/mo
+$87/mo
4.9%

City: Dripping Springs

154 Bartlett Peak Ln | Property Details | No Agent List