Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$844,500

206 Waters View Ct, Dripping Springs, TX, 78620

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,013 Sq Ft
price_per_sqft$280.29 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Gas Cooktop, Disposal, Plumbed For Ice Maker, Range Hood, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR147195
Lot Number22
SubdivisionCaliterra
Land UseResidential
Legal DescriptionCALITERRA PHASE ONE SEC TWO, BLOCK D, LOT 22 TAX CODES:RSP,SDS,DHA1
Census Tract010807
Assessed Land Value$216,830
Assessed Improvement Value$568,320
Assessment Year2025

About this property

Lisa and Susan Residential Group is proud to present this single-level masterpiece, where midcentury modern soul meets the height of contemporary luxury. From the moment you step inside, the home’s clean lines and effortless flow establish an immediate sense of sophistication, anchored by stunning hardwood floors and soaring ceilings with exposed beam accents. Designed for a lifestyle of ease and elegance, the expansive floor plan features four bedrooms and four full bathrooms, ensuring ample space and privacy. The dedicated study offers a refined environment for productivity, while a secluded media room provides a secondary living area perfect for movie nights or quiet relaxation. The heart of the home is a celebration of light and texture, defined by custom cabinetry, designer lighting, and upscale tile work that feels more like art than architecture. True to its midcentury roots, the residence blurs the lines between interior and exterior, with glass-wrapped spaces that invite the outdoors in. Beyond the walls, the fully fenced grounds offer a private canvas ready for your personal vision. Practical luxury hasn't been overlooked—the three-car garage is fully insulated and climate-controlled, catering to the enthusiast. This is more than just a home; it is a curated experience in design and comfort, meticulously crafted for those who appreciate the finer details.

Investor Tools

$336,768Estimated Mortgage Balance
$410,013Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,067 /month
Positive
Cash Flow Estimate:
$1,689 /month

Interested in this property?

Susan Doyle

Compass RE Texas, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,844/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,913
$785,150
2025
$216,830
$568,320
$785,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,913
$785,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$346,000
No
First
Sep 6, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,768
$478,232
58%
40%
$2,075/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,575/mo
$-1,159/mo
3.4%

City: Dripping Springs

206 Waters View Ct | Property Details | No Agent List