Last 24 Hours
$495,000
285 Calvary Cv, Dripping Springs, TX, 78620
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Private PoolExterior FeaturesNone
Lot Size3.38 acres
Land Information
APNR156025
Lot Number23
SubdivisionMedlin Creek Ranch Ph Iv
Land UseResidential
Legal DescriptionMEDLIN CREEK RANCH PH IV, LOT 23, ACRES 3.38 TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$365,753
Assessment Year2025
About this property
Rare opportunity to build your dream home on 3.38 acres in premier equestrian community in one of the best locations in Dripping Springs. Backed by woods, this lot offers privacy, luxury, and tranquility, and is zoned to desirable Dripping Springs ISD. Or, if you want to have the ultimate estate with acreage and privacy, there is the opportunity to buy the adjoining property, 329 Calvary Cove, for a total of 7.21 acres. See listing for 329 Calvary Cove (MLS #3595068) for more information.
Investor Tools
$0Estimated Mortgage Balance
$490,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
$250/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,413
$365,753
2025
$365,753
N/A
$365,753
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,413
$365,753
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$420,000
100%
0%
$0/mo
12.4%