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Owner Contacts

$1,319,801

NAL Estimated Property Value

220 Carrol Ln, Dripping Springs, TX, 78620

Off Market

3 Beds

3 Bath

2,980 Sq Ft

$402.68 / sqft

Built in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

AppliancesBuilt In Refrigerator, Convection Oven, Cooktop, Dishwasher, Electric Cooktop, Induction Cooktop, Microwave

FlooringLaminate, Tile

Exterior

Exterior FeaturesExterior Steps, Private Entrance, Private Yard

Lot Size4.91 acres

Building Information

Year Built2017

Stories1

Garage Spaces2

Land Information

APNR143986

Lot NumberH-20A

SubdivisionHarmon Hills Sec One

Land UseResidential

Legal DescriptionHARMON HILLS SEC ONE, LOT H-20A, ACRES 4.91 TAX CODES:RSP,SDS

Census Tract010817

Assessed Land Value$551,030

Assessed Improvement Value$768,771

Assessment Year2025

About this property

Located on almost 5 acres just Northwest of the City of Dripping Springs, This One of a Kind, Elegant, and Sophisticated Modernly designed and constructed Home with: Contemporary Design with Ultimate Design Features, Detached Garage, Guest Quarters, Greenhouse large enough you would never have to leave the property... Attention to detail beyond and above. Light, Open, Spacious, with a feel you are outside when you are comfortable inside whether winter or summer. Rainwater collection system for both main home and guest quarters...and yes there is a well that is not used at this time ...just in case. Electronic Gates for Privacy and Seclusion. Feels as if you are on a Private Texas Ranch with all the modern conveniences and location to the HEB, Home Depot, Great Eateries, and Shopping. Located in the Acclaimed Dripping Springs ISD....In the Country only minutes from Austin, Texas --- You will just need to see for yourself. Call for an Appointment

Investor Tools

$1,319,801

Estimated Property Value

$889,956Estimated Mortgage Balance

$429,845Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,919 /month

Positive

Cash Flow Estimate:

$2,640 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,437/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$22,650

$1,319,801

2025

$551,030

$768,771

$1,319,801

Tax History

Year

Tax Paid

Assessed Value

2024

$22,650

$1,319,801

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Southstar Bank Ssb

Conventional

$960,000

First

Dec 21, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$889,956

$429,845

32%

67%

$5,061/mo

Learn About the Market: Opportunity in Texas

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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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