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$1,165,000

NAL Estimated Property Value

301 Stockman Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,998 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$256.5 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Convection Oven, Cooktop, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Microwave, Double Oven, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.09 acres

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR170285
Lot Number20
SubdivisionBunker Ranch
Land UseResidential
Legal DescriptionBUNKER RANCH PHASE 2, BLOCK 2, LOT 20, ACRES 1.09 TAX CODES:GHA,RSP,SDS,TDS2
Census Tract010807
Assessed Land Value$382,800
Assessed Improvement Value$760,910
Assessment Year2025

About this property

• 1 acre cul de sac lot w/ Hill Country views • Side load garage • Iron front door • Huge covered back patio w/ wood ceiling and outdoor fireplace • Patio pre-plumbed for outdoor kitchen • Hardwood flooring in main living areas • Wood wrapped beams and 12' ceiling in Great Room/Kitchen • 8 windows in main living area for natural light • Entertainer kitchen w/ double ovens • Gorgeous kitchen w/ chimney vent hood and custom soft close cabinets • Shiplap interior fireplace • Open concept floorplan • Utility room has cabinets & sink • 2 huge walk in master closets • Master bath features double vanities w/mirrors to ceiling, freestanding tub, and walk in frameless glass shower

Investor Tools

Property Icon
$1,165,000
Estimated Property Value
$546,702Estimated Mortgage Balance
$618,298Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,990 /month
Positive
Cash Flow Estimate:
$2,330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,732/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,962
$1,143,710
2025
$382,800
$760,910
$1,143,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,962
$1,143,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City First Mortgage Services Llc
Conventional
$548,250
No
First
Feb 26, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$546,702
$607,298
52%
47%
$3,647/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$4,497/mo
$-2,081/mo
2.5%

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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