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$440,990

228 Sue Peaks LOOP, Dripping Springs, TX, 78620

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,045 Sq Ft
price_per_sqft$215.64 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesEnergy Star Qualified Appliances, Disposal, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesIn Wall Pest Control System, Private Yard
Lot Size5,881 sqft

Building Information

Garage Spaces2

Land Information

APNR188064
Lot Number19
SubdivisionBig Sky Ranch Phase 3 At Dripping Spring
Land UseResidential
Legal DescriptionBIG SKY RANCH PHASE 3 AT DRIPPING SPRINGS, BLOCK 34, LOT 19, ACRES 0.135 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$79,650
Assessment Year2025

About this property

Brand new, energy-efficient home available by Oct 2026! Well thought out design features, including the centrally located laundry room, are found in the Hughes plan. Linen cabinets with marble-look white quartz countertops, warm beige laminate flooring, and multi-tone taupe carpet in our Divine package. Starting from the low $400s, The Reserve Collection in Big Sky Ranch is located in the heart of Dripping Springs and offers seven single and two-story traditional floorplans ranging from 1,477 to 2,812 sq. ft. Look forward to 48 acres of parkland, a 3.1-acre amenity center with a pool, splash pad and playground, plus trails with connectivity to the adjacent Founders Memorial Park. Kids will love the award-winning Dripping Spring ISD. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Investor Tools

$0Estimated Mortgage Balance
$455,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,730 /month
Positive
Cash Flow Estimate:
$910 /month

Interested in this property?

Patrick McGrath

Meritage Homes Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,620
$79,650
2025
$79,650
N/A
$79,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,620
$79,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$455,000
100%
0%
$0/mo

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.

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

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