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$1,071,000

NAL Estimated Property Value

201 W Lakeshore Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,072 Sq Ft
price_per_sqft$390.3 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Built In Gas Range, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Water Softener Owned, Stainless Steel Appliances, Water Softener
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Lighting, Private Entrance, Rain Gutters, Rv Hookup
Lot Size2.60 acres

Building Information

Year Built2022
Roof Type112
Garage Spaces3

Land Information

APNR39792
Lot Number67
SubdivisionRiver Oaks Ranch 1 (Resubd)
Land UseResidential
Legal DescriptionRIVER OAKS RANCH 1 (RESUBD), LOT 67, ACRES 2.598 TAX CODES:RSP,SDS
Census Tract010818
Assessed Land Value$213,700
Assessed Improvement Value$726,250
Assessment Year2025

About this property

You know you’re about to enter something really special as you drive onto the manicured 2.5 acres surrounding this custom Contemporary home. The garden of fennel, rosemary, mint, oregano, sage, eucalyptus and mullen fills the carefully framed beds on either side of the walkway. Hydrangea, marigolds and roses provide year-round interest and color. In the sizzling heat of our Texas summer, the aquamarine blue pool promises refreshment. Couple that with an infinity spa for relaxation under the stars. A 517 sq ft pool house, complete with a full kitchen and spacious bedroom is the perfect space for guests. True to the pure architecture of a Contemporary home, you see clean lines and high drama. On the first floor is an impressive Primary Suite. The luxurious walk in shower is complete with floor to ceiling tile. Ascending light drenched stairs you enter a kitchen that defines “Wow factor”. Extended cabinets with glass amplify the decor. An island large enough to cut flowers and prepare delightful feasts fresh from the garden complete the area. Surrounded by windows, this entire space seamlessly inspires awe, yet exudes comfort. Another Primary Suite, plus two bedrooms and a bath complete this floor. High ceilings, artistic tile floors, a cooks pantry, quality finishes. . .this home meshes the best of country privacy with sophisticated design. Carefully constructed raised beds situated on garden pathways boast a harvest of different tomatoes, peppers, melon, cucumbers and passion fruit vines. Elderberry bushes, a peach tree and nectarine tree add to the lusciousness. (Did you know that playing in dirt is good for your mental health?) Don’t miss the 10 x 10 chicken coop worth crowing about! The list of upgrades is extensive: Gym with A/C;  Whole House Generator;  Wrap around Metal roof; 2 carport stalls; Pool with water features, 3 car garage,  Outside full bath; Outdoor shower; Large Outdoor Living space; Solar light. Please see documents.

Investor Tools

Property Icon
$1,071,000
Estimated Property Value
$820,621Estimated Mortgage Balance
$252,976Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,194 /month
Positive
Cash Flow Estimate:
$2,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,668/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,664
$939,950
2025
$213,700
$726,250
$939,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,664
$939,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$844,444
No
First
Aug 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$820,621
$187,379
18%
77%
$5,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$5,183/mo
$-3,095/mo
2.3%

City: Dripping Springs