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$992,000

NAL Estimated Property Value

194 Smoke Tree Cir, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.28 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesOven, Dishwasher, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size15,246 sqft

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR165724
Lot Number23
SubdivisionHeadwaters At Barton Creek Phase 2
Land UseResidential
Legal DescriptionHEADWATERS AT BARTON CREEK PHASE 2, BLOCK F, LOT 23, ACRES 0.35 TAX CODES:RSP,SDS,MHDW
Census Tract010809
Assessed Land Value$158,420
Assessed Improvement Value$652,037
Assessment Year2025

About this property

Beautiful brand new MOVE-IN-READY home in “The Hilltop” exclusive sold-out enclave in the sought-after Headwaters community with incredible HILL COUNTRY VIEWS. This stunning custom-built luxury home features a chef's kitchen with an oversized island, quartz countertops, apron sink, stainless appliances with double ovens, a six burner commercial style cooktop, and a large walk-through Butler’s pantry. The main level provides an owner's retreat plus luxurious bath featuring double vanity sinks with marble countertops, walk-in rain shower, freestanding tub, and large walk-in closet; as well as an office/study, formal dining room, and a DOWNSTAIRS guest/in-law bedroom with a private full bath. Upstairs features two bedrooms with private full baths in each room, a private balcony, and retreat/game room with a huge oversized balcony with gorgeous views. This BEAUTIFUL home has countless builder upgrades, LOTS OF NATURAL LIGHT, wood floors, and three covered patios that are perfect for your dream pool/outdoor living space. Headwaters Community provides miles of nature hiking/biking trails, an amenity center, playground, infinity edge resort-style pool, splash pad, gym/work out center and much more. Located within the exemplary award- winning and top-ranking Dripping Springs ISD. Just 25 minutes west of Austin with quick access to 290, and shopping and restaurants less than 2 miles.

Investor Tools

Property Icon
$992,000
Estimated Property Value
$605,424Estimated Mortgage Balance
$386,576Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,534 /month
Positive
Cash Flow Estimate:
$2,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,320/month
$372/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,881
$810,457
2025
$158,420
$652,037
$810,457
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,881
$810,457

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$644,000
No
First
Feb 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$605,424
$364,576
37%
61%
$3,862/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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194 Smoke Tree Cir | Property Details | No Agent List