Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,950,000

NAL Estimated Property Value

1550 Deerfield RD, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,314 Sq Ft
price_per_sqft$601.99 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Range, Bar Fridge, Dishwasher, Free Standing Refrigerator, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Private Yard, See Remarks
Lot Size11.37 acres

Building Information

Year Built1997
Roof Type112
Garage Spaces2

Land Information

APNR29810
Lot Number12
SubdivisionHays Country Acres
Land UseAgriculture / Farming
Legal DescriptionHAYS COUNTRY ACRES, LOT 12, ACRES 11.37 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$1,406,050
Assessed Improvement Value$543,950
Assessment Year2025

About this property

It's uncommon to find such a property as 1550 Deerfield Rd. in Dripping Springs TX--with all its beauty, privacy, updates, special touches and incredible location. When you come through the gated entrance, you immediately see the long distance Hill Country views towards Wimberley, the beautiful pastures, majestic oaks and as you pull into the circular driveway, you realize you've found something rare. This stunner farmhouse has been fully remodeled and lovingly and meticulously curated by the owners. No detail has been overlooked--from the gorgeous 1-story, 3-bedroom, 2 bath home (2282 SF), covered porches, the detached office (316 SF) with its upstairs casita/guest quarters/caretaker's cottage (409 SF), climate controlled gym (307 SF), outbuildings, sparkling inground pool and cabana, lush grounds, outdoor patios, flower and vegetable gardens, tree houses, the famed Brisket Shed, firepit, 2-stall barn and arena--the list is endless. This property is so special, you have to see it in person to believe such a thing exists. The 11.3+ acre tract has always been treasured with its current layout but the property can be subdivided (minimum 5-acre tracts) if that's of benefit to the buyer. This property is so well suited for full-time living or as a family retreat... Ask you Realtor for the list of owner improvements and to schedule a private tour of 1550 Deerfield Rd. today.

Investor Tools

Property Icon
$1,950,000
Estimated Property Value
$1,331,980Estimated Mortgage Balance
$618,020Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,970 /month
Positive
Cash Flow Estimate:
$3,990 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,111/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,583
$1,950,000
2025
$1,406,050
$543,950
$1,950,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,583
$1,950,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Purchase Money Mortgage
$1,375,000
No
First
Jul 25, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,331,980
$618,020
31%
68%
$8,244/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1550 Deerfield RD | Property Details | No Agent List