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$1,195,000

208 Hacienda Pl, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,038 Sq Ft
price_per_sqft$393.35 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Microwave, Oven, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Grill, Private Yard
Lot Size2.04 acres

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR117363
Lot Number3
SubdivisionDos Lagos Subd
Land UseResidential
Legal DescriptionDOS LAGOS SUBD, BLOCK B, LOT 3, ACRES 2.04 TAX CODES:RSP,SDS
Census Tract010807
Assessed Land Value$395,540
Assessed Improvement Value$510,120
Assessment Year2025

About this property

Some homes are built to impress. This one is built to make you never want to leave! Set on 2.04 private acres in Dos Lagos, a gated Hill Country community, this single-story 4-bedroom with a separate dedicated office, 3.5-bathroom home backs to a private community lake with no rear neighbors and nothing behind you but open water, bird chirps, and blue skies. The lot is the kind of quiet you stop and notice! The backyard is where the house really lives. A resort-style pool anchors the space, with three covered seating areas arranged around a built-in outdoor kitchen with grill and a stone fire pit. The covered patio comes with a mounted TV that conveys, so game day and pool day are the same day. Built-in speakers run through the interior and across every outdoor zone, and the whole thing works together the way a well-designed property should! Inside, the single-level floor plan carries the same quality through: knotty alder cabinetry, granite countertops, hardwood and tile floors, crown molding, plantation shutters, and French doors. The home has also been comprehensively updated under the hood. Full plumbing replacement with current-standard materials (Kitec removed throughout), roof replaced within the last three years, both water heaters replaced, one HVAC air handler replaced. A finished attic with a dedicated walkway adds storage depth that most homes this size can't match! The garage floor is professionally finished. Dos Lagos sits off Hwy 290, 30 minutes from downtown Austin and minutes from the Hill Country wine and brewery corridor. The gate keeps it quiet. The lake keeps it that way.

Investor Tools

$334,316Estimated Mortgage Balance
$888,847Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,332 /month
Positive
Cash Flow Estimate:
$2,444 /month

Interested in this property?

Lisa Munoz

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,607/month
$72/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,178
$905,660
2025
$395,540
$510,120
$905,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,178
$905,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank
Unknown
$355,000
No
First
Feb 14, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,316
$1,122,684
77%
27%
$2,129/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,201/mo
+$215/mo
2.4%

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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208 Hacienda Pl | Property Details | No Agent List