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$416,000

244 Fort Sumner St, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,867 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.6 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Microwave, Oven, Refrigerator
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size11,631 sqft

Building Information

Year Built2021
Stories1
Garage Spaces1

Land Information

APNR170684
Lot Number17
SubdivisionBig Sky Ranch Phase 1 At Dripping Spring
Land UseResidential
Legal DescriptionBIG SKY RANCH PHASE ONE AT DRIPPING SPRINGS, BLOCK 6, LOT 17, ACRES 0.267 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$106,200
Assessed Improvement Value$298,440
Assessment Year2025

About this property

Beautiful new 1 story home in great neighborhood! Bright and open this home offers 3 bed, two bath, large kitchen open to family room. Upgrades include wood floors, granite counters, wood blinds, Large covered back patio. Located on a beautiful lot with trees.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$283,920Estimated Mortgage Balance
$156,728Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,326
$404,640
2025
$106,200
$298,440
$404,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,326
$404,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$283,920
No
First
Oct 7, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,761
$154,239
37%
62%
$1,703/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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244 Fort Sumner St | Property Details | No Agent List