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
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$594,859

NAL Estimated Property Value

2155 Spring Valley Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,276 Sq Ft
price_per_sqft$273.51 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Refrigerator
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesExterior Steps
Lot Size4.85 acres

Building Information

Year Built1984
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR43256
Lot Number156
SubdivisionSpringlake
Land UseResidential
Legal DescriptionSPRINGLAKE, LOT 156, ACRES 4.85 TAX CODES:RSL,RSP,SDS
Census Tract010817
Assessed Land Value$637,720
Assessed Improvement Value$164,120
Assessment Year2025

About this property

Amazing Hill Country views from the deck of this charming 3/2 home on 5 tree shaded acres, located in the highly sought after Springlake subdivision of Dripping Springs. This adorable home only needs updating! Bring your designer touches and make it your own! Close to downtown Dripping Springs, includes 2 lots, Home sits on 1.37 acres 43255 and additional lot is on 3.63 acres 43256 to build your new home! 2 car carport, workshop/storage, WB rock fireplace, vaulted ceiling, easy access to Hwy 290.FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$594,859
Estimated Property Value
$256,190Estimated Mortgage Balance
$338,669Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,569 /month
Positive
Cash Flow Estimate:
$1,190 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$431
$594,859
2025
$637,720
$164,120
$801,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$431
$594,859

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Unknown
$298,350
No
First
Apr 18, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,190
$338,669
56%
43%
$1,789/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...