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$576,000

187 Glass Mountain Way, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.62 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,973 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR170835
Lot Number13
SubdivisionBig Sky Ranch Phase 1 At Dripping Spring
Land UseResidential
Legal DescriptionBIG SKY RANCH PHASE ONE AT DRIPPING SPRINGS, BLOCK 52, LOT 13, ACRES 0.206 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$106,200
Assessed Improvement Value$419,030
Assessment Year2025

About this property

Move-In Ready! Don't wait months for a new build construction home...this home is less than a year old & ready to go today! Beautiful Open-Living Concept with a Grand Staircase Entry, Gorgeous High Ceilings & Plenty of Space for everyone in the family. Neutral Paint Tones for a Light & Bright feel. Natural Light pours in through the wall of windows in the Living Area that also expands to the second level. The second Level features its own living space plus a bonus Media Room! Upgrades include Kitchen Sink , Master Bay Window, Bathroom Faucets, Upstairs Shower, and Premium Larger Lot.

Investor Tools

Property Icon
$576,000
Estimated Property Value
$609,900Estimated Mortgage Balance
$16,949Estimated Equity
-6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$946/month
$135/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,468
$525,230
2025
$106,200
$419,030
$525,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,468
$525,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$609,900
No
First
Dec 29, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$560,096
$49,904
8%
97%
$3,657/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.

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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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