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$3,083,050

206 Sundance Trl, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths6,147 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$405.89 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Electric Cooktop, Dishwasher, Microwave, Double Oven, Refrigerator, Stainless Steel Appliance(s), Water Purifier Owned, Water Softener Owned, Wine Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Fire Pit, Playground, Private Yard, RV Hookup
Lot Size15.61 acres

Building Information

Year Built2016
Stories2
Roof Type112
Garage Spaces10

Land Information

APNR46824
Lot Number12
SubdivisionVista Oaks Sec 1
Land UseResidential
Legal DescriptionVISTA OAKS SEC 1, LOT 12, 13, 14, ACRES 15.61 TAX CODES:RSP,SDS
Census Tract010818
Assessed Land Value$1,545,600
Assessed Improvement Value$1,537,450
Assessment Year2025

About this property

Unique & private 15.6 acre Modern Farmhouse Retreat in Dripping Springs, TX. A special property designed for entertaining friends & family while enjoying the beautiful Texas Hill Country. 6147sqft Main Residence (4/4.5) PLUS 2/2, 1,000sqft manufactured guest house (not included in sqft) Horse facilities, pond, enclosed garden, 5-car garage, rainwater & well, 2 septics. Indoor/Outdoor entertaining spaces pool, patios, gym, media, game room, luxurious kitchen w/upgraded appliance package. RV parking/No HOAGuest Accommodations: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$3,083,050
Estimated Property Value
$1,000,000Estimated Mortgage Balance
$2,192,814Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,498 /month
Positive
Cash Flow Estimate:
$6,166 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,053/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$45,219
$3,083,050
2025
$1,545,600
$1,537,450
$3,083,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$45,219
$3,083,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$1,000,000
No
First
Sep 28, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$892,037
$2,191,013
71%
29%
$5,996/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$5,996/mo
$-3,580/mo
0.9%

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.

Explore Texas Explore This Area
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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206 Sundance Trl | Property Details | No Agent List