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$391,000

NAL Estimated Property Value

17202 Panorama Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,266 Sq Ft
price_per_sqft$312.01 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Range Hood, Stainless Steel Appliances
FlooringBamboo, Carpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden
Lot Size28,606 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01059708020000
Lot Number2
SubdivisionHighland Creek Lakes Sec 1
Land UseResidential
Legal DescriptionLOT 2 BLK H HIGHLAND CREEK LAKES SEC 1
Census Tract036600
Assessed Land Value$116,326
Assessed Improvement Value$232,869
Assessment Year2025

About this property

Welcome to your dream retreat nestled in the heart of Central Texas! This stone-adorned home boasts a unique charm, situated in a picturesque setting backing to a sprawling ranch. As you approach, the front yard welcomes you with a beautifully landscaped oasis featuring low-water-use native plants, complemented by a custom-built and designed front fence. Inside, the spacious living area opens up with soaring ceilings, anchored by a cozy wood-burning fireplace that invites you to unwind and relax. The kitchen has all you could need with ample cabinet storage, stainless steel appliances, smooth granite countertops, and a generously sized dining area that overlooks the lush backyard. The primary suite, conveniently located on the first floor, is a sanctuary of its own with bamboo flooring, a walk-in closet, and a jack-and-jill style en suite bathroom ensuring guests have easy access to a full bathroom on the main level. Upstairs, you’ll discover the remaining bedroom and full bathroom as well as a flexible loft space that could easily be converted into a third bedroom, providing privacy and versatility. If you wanted to keep the loft, the original plan of the house had the attic rendered as a third bedroom and has the space/ability to be framed out for another room. Outside, the oversized and heavily treed lot creates a serene and private environment. The cowboy-style small pool positioned just off the deck is perfect for cooling off on warm Texas days. The expansive backyard invites you to gather around the firepit under the stars, creating a perfect setting for entertaining or enjoying quiet evenings. Keep an eye out for wildlife as you appreciate the beauty of nature from the comfort of your own backyard. In addition to the 2-car garage, you and your guests will have plenty of space for parking. Members of this neighborhood have access to Deer Creek Lake which is less than a mile away. Don't miss the opportunity to make this one-of-a-kind property your own!

Investor Tools

Property Icon
$391,000
Estimated Property Value
$344,726Estimated Mortgage Balance
$46,829Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
$12/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,940
$349,195
2025
$116,326
$232,869
$349,195
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,940
$349,195

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ben And Constance L Gray Living Trust
Unknown
$357,000
No
First
May 3, 2024
Jul 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,726
$34,274
9%
88%
$2,141/mo

City: Dripping Springs

17202 Panorama Dr | Property Details | No Agent List