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$1,253,000

NAL Estimated Property Value

160 Brady Pass, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,542 Sq Ft
price_per_sqft$423.49 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Oven, Cooktop, Dishwasher, Exhaust Fan, Microwave, Water Softener Owned
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Entrance, See Remarks
Lot Size11.45 acres

Building Information

Year Built2000
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR131554
Lot Number1A-1
SubdivisionDripping Springs Ranch Phase 2
Land UseResidential
Legal DescriptionDRIPPING SPRINGS RANCH PHASE 2, LOT 1A-1, ACRES 11.446 (1.00 AC HS) TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$1,018,000
Assessed Improvement Value$780,450
Assessment Year2025

About this property

A rare find! Exceptional Hilltop. Very private and serene. This 11.446 acre property has it all. Excellent location. Home offers 4 Bdrm, 3 Baths, Country Kitchen with island, double oven, This home was designed with natural sunlight filtering in all areas of home. Expansive covered back porches, perfect for entertaining. Sunrises, Sunsets and Star gazing are perfect on the Back Porches. Property offers:Separate apartment, Workshop and Storage Area. Existing Formal Dining Room easily converted to Perfect Home Office, For the outdoor enthusiast offering Arena, separate Horse Barn, 2 stalls, feed room, tack storage. wash down, and covered drive-thru. The property has a wide variety of native plants and grasses to promote birds and wildlife, and is home to many song birds. Property is currently in a Wildlife Management Exemption.

Investor Tools

Property Icon
$1,253,000
Estimated Property Value
$902,657Estimated Mortgage Balance
$350,343Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,494/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,660
$871,100
2025
$1,018,000
$780,450
$1,798,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,660
$871,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Conventional
$1,000,000
No
First
Oct 7, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$902,657
$371,343
29%
72%
$4,353/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$4,603/mo
$-2,187/mo
2.3%

Learn About the Market: Opportunity in Texas

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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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160 Brady Pass | Property Details | No Agent List