Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$427,000

NAL Estimated Property Value

238 Sawtooth Mountain Way, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.81 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Oven, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size5,401 sqft

Building Information

Year Built2020
Stories1
Garage Spaces1

Land Information

APNR170720
Lot Number11
SubdivisionBig Sky Ranch Phase 1 At Dripping Spring
Land UseResidential
Legal DescriptionBIG SKY RANCH PHASE ONE AT DRIPPING SPRINGS, BLOCK 8, LOT 11, ACRES 0.124 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$106,200
Assessed Improvement Value$286,505
Assessment Year2025

About this property

Enjoy the views of your private greenbelt backyard at your new home in Big Sky Ranch which is zoned for BRAND NEW Wildwood Springs Elementary with school bus access. This rare listing is the highly sought after Rio Grande floor plan, the same as the previous model home, that has not been built since 2022! This single story layout features brand new tile floors throughout all living areas and sits on one of the best lots in the neighborhood for privacy and open views with a gate to the green space behind as well as a freshly cleaned and stained fence. Upgrades include roll out drawers in the kitchen cabinets, updated faux wood blinds throughout (no builder grade white blinds here), and a living room prewired for surround sound. The primary suite offers an extra large bedroom with bay windows and a luxury bathroom package with a dual vanity, frameless shower, and a walk in closet. All of this comes with the lowest property tax rate available in any master planned community in town. Your new home is conveniently located near the community pool and downtown Dripping Springs next to Founders Park and historic Mercer Street.

Investor Tools

Property Icon
$427,000
Estimated Property Value
$333,071Estimated Mortgage Balance
$94,422Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,139
$392,705
2025
$106,200
$286,505
$392,705
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,139
$392,705

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Connextions Lp
Conventional
$336,000
No
First
Oct 15, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,071
$83,929
20%
78%
$2,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,060/mo
+$28/mo
5.9%

City: Dripping Springs

238 Sawtooth Mountain Way | Property Details | No Agent List