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$915,000

NAL Estimated Property Value

200 Butler Ranch Rd, Dripping Springs, TX, 78620

Off MarketInfo
Beds— Beds
Baths— Bath
Baths4,670 Sq Ft
QuadruplexQuadruplex
price_per_sqft$138.97 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.20 acres

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APNR62854
Lot Number2
SubdivisionParsley Partition
Land UseResidential
Legal DescriptionPARSLEY PARTITION LOT 2 2.196 AC TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$700,980
Assessed Improvement Value$149,020
Assessment Year2025

About this property

4-plex located on 2.196 acres with room to add an additional building. Recent upgrades include roof replaced, commercial septic aerobic system for current building, concrete parking added on back side of building, 3 of 4 units have been updated/remodeled and updated appliances. Located close to YMCA, HEB, Home Depot and schools. Easy access to 290. Units are easily rented with minimal vacancies.

Investor Tools

Property Icon
$915,000
Estimated Property Value
$398,414Estimated Mortgage Balance
$517,361Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,490 /month
Positive
Cash Flow Estimate:
$1,830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,869/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,851
$850,000
2025
$700,980
$149,020
$850,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,851
$850,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Box Home Loans
Conventional
$440,491
No
First
Apr 21, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,414
$492,586
55%
44%
$2,641/mo

City: Dripping Springs

200 Butler Ranch Rd | Property Details | No Agent List