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$368,000

NAL Estimated Property Value

221 Delaware Mountains Ter, Dripping Springs, TX, 78620

$384,882 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,884 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.39 / 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
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Oven, Tankless Water Heater
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size3,746 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR178735
Lot Number4
SubdivisionBig Sky Ranch Phase 2 At Dripping Spring
Land UseResidential
Legal DescriptionBIG SKY RANCH PHASE 2 AT DRIPPING SPRINGS, BLOCK 18, LOT 4, ACRES 0.086 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$106,200
Assessed Improvement Value$238,703
Assessment Year2025

About this property

Enjoy morning coffee on your covered front porch inside this fenced front yard in a quiet section of Big Sky Ranch. The open concept first floor with corner pantry and pocket office is great for entertaining. The upstairs primary suite is massive and is right around the corner from your loft entertainment center. This property is conveniently located in downtown Dripping Springs next to Founders Park and historic Mercer Street.

Investor Tools

Property Icon
$368,000
Estimated Property Value
$0Estimated Mortgage Balance
$368,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$384,882
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,485
$344,903
2025
$106,200
$238,703
$344,903
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,485
$344,903

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$357,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$45/mo
+$2,043/mo
6.8%

City: Dripping Springs

221 Delaware Mountains Ter | Property Details | No Agent List