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$821,000

NAL Estimated Property Value

301 Mystic Overlook, Dripping Springs, TX, 78620

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,380 Sq Ft
price_per_sqft$608.7 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Wine Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance
Lot Size4.09 acres

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR148081
Lot Number7
SubdivisionMystic Creek
Land UseResidential
Legal DescriptionMYSTIC CREEK, LOT 7, ACRES 4.085 TAX CODES:RSP,SJC
Census Tract010817
Assessed Land Value$305,550
Assessed Improvement Value$251,760
Assessment Year2025

About this property

Nestled in the scenic Texas Hill Country, this custom-built 2 bed, 2 bath home is thoughtfully designed and sits on a fully-fenced 4 acres just outside of Dripping Springs. It's an incredible opportunity to live full time or part time away from the noise of the city. And could be an attractive AirBnB property for generating income. The interior showcases custom Knotty Alder millwork throughout with wide-plank, white oak floors, granite counters, and natural woven window treatments. A wood-burning fireplace with gas starter, tankless water heater, central vacuum, and whole-house surge protector add comfort and function. The property water is sourced by a deep trinity well and rain collection system. Outside enjoy your own private oasis on the back porch overlooking the pool and gardens. In the mornings visit with the zebras, axis deer and donkeys who live next door. Stone coping surrounds the pool and spa with Pebble Sheen finish. The huge back porch includes a kitchenette, multiple ceiling fans and dual gas hookups for a grill or outdoor heater. The oversized garage/workshop has electricity and water. It's super cool as-is, but can also be finished out for additional living space...like a man cave, she shed, or guest house. Despite its serene setting, this home is not far from HEB, dining, shopping and Ally ER. Here, you'll enjoy the best of privacy, craftsmanship, and self-sufficiency in the hill country, all within minutes of the places you need most.

Investor Tools

Property Icon
$821,000
Estimated Property Value
$640,918Estimated Mortgage Balance
$181,976Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,040 /month
Positive
Cash Flow Estimate:
$1,680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,917
$463,972
2025
$305,550
$251,760
$557,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,917
$463,972

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Mortgage Llc
Conventional
$645,600
No
First
Oct 20, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$640,918
$160,082
19%
78%
$3,871/mo

City: Dripping Springs

301 Mystic Overlook | Property Details | No Agent List