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$550,770

NAL Estimated Property Value

216 Fish Trap Rd, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,946 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$282.63 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,492 sqft

Building Information

Year Built2022
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR181360
Lot Number15
SubdivisionCaliterra
Land UseResidential
Legal DescriptionCALITERRA PHASE FOUR SEC 11, BLOCK I, LOT 15, ACRES 0.172 TAX CODES:RSP,SDS,DHA1
Census Tract010807
Assessed Land Value$216,830
Assessed Improvement Value$333,940
Assessment Year2025

About this property

RARE LOT: One of Caliterra’s highest elevation lots with rare open green-space on side and back! This home is full of personality and charm, featuring luxury vinyl plank flooring and abundant windows that bathe every room in natural light. The Kitchen comes equipped with a built-in wall oven, gas range, vent hood, and spacious center island, topped with a quartz countertop, is ideal for meal prep, serving, and casual dining. The kitchen seamlessly connects to the dining area and living room, making it perfect for gatherings and everyday life. The living room is bright and inviting, with large windows offering serene views and a welcoming atmosphere. It's the perfect space for relaxing and reading, entertaining friends, or enjoying a quiet evening. Retreat to the primary bedroom, where you'll find a tranquil haven with beautiful green space views. The ensuite bathroom boasts exquisite tile work and a walk-in shower, providing a spa-like experience at home. Additional bedrooms are versatile, offering ample space for guests or a home office. The private covered patio is your new favorite spot for morning coffee or evening drinks. The backyard, which backs up to green space, offers no rear neighbors and is an oasis for outdoor activities, from barbecues to gardening and relaxing under the stars. Smart home technology adds modern convenience to this already exceptional home. As a resident of Caliterra, you can enjoy amenities like well-maintained hiking and biking trails, 250 acres of community greenspace, dog parks, splash pad, a sparkling pool, and a cozy neighborhood coffee shop. Located close to top-rated schools and shopping centers! Schedule a showing today to see why this property is the perfect place for you!

Investor Tools

Property Icon
$550,770
Estimated Property Value
$0Estimated Mortgage Balance
$550,770Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,305 /month
Positive
Cash Flow Estimate:
$1,102 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,736
$550,770
2025
$216,830
$333,940
$550,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,736
$550,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$550,770
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
4.5%

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.

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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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216 Fish Trap Rd | Property Details | No Agent List