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$590,240

170 Bunker Ranch BLVD 48, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,331 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$338.48 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR183190
SubdivisionBunker Ranch 5 Condominiums
Land UseResidential
Legal DescriptionBUNKER RANCH 5 CONDOMINIUMS, UNIT 48, 2.083% COMMON AREA INTEREST TAX CODES:GHA,RSP,SDS,TDS2
Census Tract010807
Assessed Land Value$82,150
Assessed Improvement Value$508,090
Assessment Year2025

About this property

Packed with upgrades, this brand new construction, free standing condo is located in the private gated section of The Cottages at Bunker Ranch, Dripping Springs' premiere Hill Country subdivision. A welcoming front porch greets you as you arrive at this light and bright farmhouse style cottage with beautiful wood flooring throughout, huge multi-slider glass door opening to preserve/covered patio, high ceilings, open kitchen and shiplap accent walls. Soft close cabinets throughout. Most highly upgraded unit in neighborhood and premier lot that backs to greenbelt. You will love the location just minutes from the highly rated Dripping Springs ISD schools and quaint shopping. USE CONDO CONTRACT - OWNER/AGENT

Investor Tools

Property Icon
$590,240
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,734 /month
Positive
Cash Flow Estimate:
$1,578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,008/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,151
$590,240
2025
$82,150
$508,090
$590,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,151
$590,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterloo Lending Llc
Conventional
$647,200
No
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$600,925
N/A
0%
102%
$3,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,881/mo
$-1,465/mo
4.9%

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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170 Bunker Ranch BLVD 48 | Property Details | No Agent List