$1,270,000
NAL Estimated Property Value216 Rightwater Preserve, Dripping Springs, TX, 78620
Off Market
Highlights
Interior
Exterior
Exterior FeaturesNone
Lot Size2.55 acres
Building Information
Year Built2019
Stories1
Roof Type112
Garage Spaces4
Land Information
APNR123051
Lot Number4
SubdivisionKuykendall Subd
Land UseResidential
Legal DescriptionKUYKENDALL SUBD, LOT 4, ACRES 2.554 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$446,070
Assessed Improvement Value$609,897
Assessment Year2025
About this property
Peaceful living on a private 2.55 Acre view lot that backs to South Onion creek. The building site is very level and cleared then the lot slopes off to the lower pasture by the creek giving you a hill country view for miles, & yes, you can have 2 horses also. What a rare opportunity to build on this fantastic lot only 3 miles south of fast growing Dripping Springs & close to the excellent Dripping Springs Schools. Build now or later, use your own builder or use Laurel Haven Homes at a discount.Restrictions: Yes
Investor Tools
$1,270,000
Estimated Property Value
$813,736Estimated Mortgage Balance
$456,264Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,620 /month
Positive
Cash Flow Estimate:
$2,540 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,834/month
$100/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,660
$1,055,967
2025
$446,070
$609,897
$1,055,967
No
Tax History
Year
Tax Paid
Assessed Value
2024
$15,660
$1,055,967
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$510,400
No
First
Apr 13, 2020
May 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$813,736
$456,264
35%
64%
$5,517/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$5,617/mo
$-3,127/mo
2.4%
