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$605,000

231 Loving TRL A&B, Dripping Springs, TX, 78620

Off MarketInfo
CommercialInfo
Baths2,583 Sq Ft
Multi FamilyMulti Family
Year BuiltBuilt in 2000

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringVinyl

Exterior

Lot Size1.02 acres

Building Information

Year Built2000
Roof Type112
Garage Spaces946

Land Information

APNR91189
Lot Number11
SubdivisionPoundhouse Hills Sec One
Land UseResidential
Legal DescriptionPOUNDHOUSE HILLS SEC ONE, BLOCK B, LOT 11, ACRES 1.017 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$318,080
Assessed Improvement Value$237,639
Assessment Year2025

About this property

A rare gem in Dripping Springs – a fully rented duplex property on a sprawling one-acre lot. Each unit boasts a private 2-car garage and no shared interior walls. This cash-flow property is a duplex, a scarcity in Dripping Springs, offering an excellent investment opportunity. The home is zoned for the acclaimed Dripping Springs ISD and has an exceptionally low tax rate. The property is very well maintained and has modern fixtures and features that attract rental candidates easily! You’ll enjoy the wood-look tile floors for ease of maintenance. The living space(s) are welcoming and full of natural night. And the cozy kitchens have great appliances and are open to the living areas. Whether you crave a day in nature or a lively night out, this Hill Country property offers the perfect blend. Embrace the serene surroundings while enjoying quick access to amenities like breweries, wineries, and distilleries along Fitzhugh Rd. Don't miss out on this duplex near Downtown Dripping Springs, tucked away at the end of a tranquil cul-de-sac and a quiet - No HOA community. Schedule a showing today and seize the opportunity to make this property your own!

Investor Tools

Property Icon
$605,000
Estimated Property Value
$0Estimated Mortgage Balance
$605,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,006
$555,719
2025
$318,080
$237,639
$555,719
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,006
$555,719

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$605,000
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.

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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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231 Loving TRL A&B | Property Details | No Agent List