$1,627,525
NAL Estimated Property Value1880 E Creek Dr, Dripping Springs, TX, 78620
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesOven, Dishwasher, Gas Cooktop, Microwave, Double Oven, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Warming Drawer
FlooringTile
Exterior
Exterior FeaturesGarden, Private Entrance, Private Yard
Lot Size10.21 acres
Building Information
Year Built1992
Stories1
Garage Spaces2
Land Information
APNR33324
SubdivisionKirby Springs Ranch Phase Ii
Land UseResidential
Legal DescriptionKIRBY SPRINGS RANCH PHASE II LOT 25 10.206 AC (1.00 AC HS) TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$975,400
Assessed Improvement Value$652,125
Assessment Year2025
About this property
Searching for a TRUE EQUESTRIAN property...look no further. This level, private and wooded 10+ Acre property has 4 Stall Stable with run-in shed, feed room, & hay storage. Amazing 60 meter x 20 meter Dressage Arena. The 36 x 60ft. barn has a large tack room with it's own washer & dryer. The very welcoming 1 level home has 3 bedrooms, 3 Living Areas, Formal Dining, and Study. Each of the living areas have fireplaces. The "COOK'S" Kitchen has a large island and 6 burner cooktop. Dripping Springs Schools.Restrictions: Yes
Investor Tools
$1,627,525
Estimated Property Value
$1,181,026Estimated Mortgage Balance
$448,517Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,765 /month
Positive
Cash Flow Estimate:
$3,255 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,682/month
$250/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,050
$1,627,525
2025
$975,400
$652,125
$1,627,525
No
Tax History
Year
Tax Paid
Assessed Value
2024
$24,050
$1,627,525
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Loan Amount Keyed Is An Aggregate Amount
$1,207,500
No
First
Oct 12, 2023
Nov 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,181,026
$446,499
27%
73%
$8,752/mo
