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$838,000

NAL Estimated Property Value

206 High Plains Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,045 Sq Ft
price_per_sqft$147.78 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Oven, Dishwasher, Gas Cooktop, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size1.60 acres

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR41355
Lot Number79
SubdivisionSaddletree Ranch Sec 2
Land UseResidential
Legal DescriptionSADDLETREE RANCH SEC 2 LOT 79 1.596 AC GEO#90407563 TAX CODES:RSP,SDS
Census Tract010818
Assessed Land Value$316,130
Assessed Improvement Value$233,870
Assessment Year2025

About this property

Cash only, sold as is. **Multiple offers - deadline is Monday at 2pm** Deferred interior maintenance to be evaluated by buyers independently. Please do not visit property or drive by after dark out of courtesy to neighbors! Ready to roll up your sleeves? This home is your next big project waiting to come to life. Sitting on a generous 1.59- acre lot in Hays county with no rear neighbors in sight, this property is your blank canvas for something truly exceptional. The potential here is endless. Check out the floor plans (attached) for a full vision of the space. The main floor doesn’t skimp on space. The primary suite is expansive, complete with a bathroom setup ready to be reimagined—dual vanities, a tub, a separate shower, and a walk-in closet. Two downstairs guest bedrooms and another 1.5 bathrooms on this floor provide options for multi-generational living as well. Additional rooms upstairs offer plenty of options for any buyer. Step outside, and you’ll start dreaming big. The covered patio has a view of the huge, unfenced backyard, and the lot extends well beyond the trees. The 3rd car garage has been transformed into an oversized workshop, complete with upgraded 240V electric. The well, propane tanks, and septic system have all been maintained on a schedule, and the seller has provided information on service dates and operating instructions. Deferred interior maintenance to be evaluated by buyers independently. The exterior has seen a new roof and paint within the last 2 years - savings for any buyer doing a renovation. Both HVAC systems have been replaced since 2022. Located in Dripping Springs, this home keeps you close to it all: Bee Cave’s Hill Country Galleria just 9 miles away, downtown Dripping Springs 8 miles down the road, and nearby state parks, wineries, and breweries to explore.

Investor Tools

Property Icon
$838,000
Estimated Property Value
$1,296,700Estimated Mortgage Balance
$838,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,028 /month
Positive
Cash Flow Estimate:
$1,676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$724/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,500
$550,000
2025
$316,130
$233,870
$550,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,500
$550,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Unknown
$656,000
No
First
Jul 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,296,700
N/A
0%
155%
$7,868/mo

City: Dripping Springs

206 High Plains Dr | Property Details | No Agent List