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$1,200

NAL Estimated Property Value

1897 Creek Rd, Dripping Springs, TX, 78620

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesPrivate Entrance
Lot Size7.31 acres

Land Information

APNR205290
Lot Number1
SubdivisionMesa Del Arroyo Creekside
Legal DescriptionMESA DEL ARROYO CREEKSIDE, LOT 1, ACRES 7.31 TAX CODES:RSP,SDS
Census Tract010807
Assessed Land Value$918,750
Assessment Year2025

About this property

Welcome to Mesa Above Onion Creek-- Drive through the stacked stone gated entrance and enter the peace and tranquility that is 1897 Creek Rd. Beautiful, bucolic and stunning Hill Country acreage and just 2 miles to Downtown Dripping Springs TX, Mercer St., Tillie's and the soon-to-be Spa at Camp Lucy, iconic local restaurants like Rolling in Thyme & Dough and just 3 miles to Home Depot and HEB... With an ultra convenient location but all the charm, peacefulness and beauty of the countryside, this 7+ acre tract overlooks the Onion Creek Valley and the surrounding bluffs which provides not only gorgeous vistas but treasured privacy. The acreage has good, rich soil, is bordered by mature trees and nearby properties with excellent groundwater, is open, level and ready for your dream home, equestrian property or weekend | holiday retreat. No HOA and very light restrictions so bring your design plans, the family and your horses! Bordered by Onion Creek, the tract gently curves along beloved and historic Creek Rd. and boasts big open spaces under the starry Texas skies. It's hard to believe that you're so close to so much! Incredible location that's near to everything we love about Dripping Springs -- local culture, DS ISD schools, retail, dining, grocery, wineries and distilleries, library, parks, trails, churches, fairgrounds and more--they don't call it the Gateway to the Hill Country for nothing! Call or text Melanie Fenelon to schedule a tour and come take a stroll around this amazing property. ** Adjacent and platted 10.08 acre tract is also available (ML# 8031106 - 103 Mt. Gainor Rd.) and 28.6+ acres (ML# 3293804, 205 Mt. Gainor Rd.) if a larger land parcel is desired **

Investor Tools

Property Icon
$1,200
Estimated Property Value
$253,267Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,200
2025
$918,750
N/A
$918,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Building Or Construction Loan
$257,807
No
First
Apr 22, 2025
Apr 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,267
N/A
0%
21106%
$1,546/mo

Learn About the Market: Opportunity in Texas

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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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1897 Creek Rd | Property Details | No Agent List