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$389,000

17509 Village Dr, Dripping Springs, TX, 78620

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,393 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.25 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size12,898 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01079702070000
Lot Number5&6
SubdivisionTwin Lake Hills
Land UseResidential
Legal DescriptionLOT 5 & 6 BLK UU TWIN LAKE HILLS
Census Tract036600
Assessed Land Value$89,057
Assessed Improvement Value$281,242
Assessment Year2025

About this property

Welcome to 17509 Village Drive, a charming 3-bedroom, 2-bath Hill Country home in the Twin Lake Hills community of Dripping Springs. Priced at $389,000, this property offers an inviting opportunity to enjoy a peaceful setting, a spacious lot of more than a quarter acre, and convenient access to Bee Cave, Lakeway, and the Hill Country Galleria. Inside, the open living and dining areas create a comfortable layout for everyday living and entertaining. The family room features high ceilings and a stone fireplace, while the kitchen opens to the main living space and includes a breakfast bar. The primary bedroom is located on the main level with a private bath and walk-in shower. Two additional bedrooms upstairs provide flexible space for guests, an office, or hobbies. Outdoor living is a standout feature, with two generous covered porches overlooking the natural Hill Country surroundings. The detached, deep 2-car garage offers room for vehicles, storage, or a workshop, and the extended driveway provides additional parking. The home also includes a roof replaced in 2023, central HVAC, public water, and a septic system. Twin Lake Hills offers access to neighborhood lakes and parks, creating opportunities for fishing, walking, and enjoying the outdoors. With its flexible floor plan, spacious homesite, and convenient location approximately 15 minutes from the Hill Country Galleria, this home offers value and potential in the Lake Travis ISD area. Schedule your private showing and explore the possibilities at 17509 Village Drive.

Investor Tools

$379,220Estimated Mortgage Balance
$36,565Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

Interested in this property?

Anthony Gibson

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,098
$370,299
2025
$89,057
$281,242
$370,299
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,098
$370,299

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$389,006
Yes
First
Nov 12, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,220
$23,780
5%
92%
$2,333/mo

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.

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

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