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$3,500

306 Deer Creek Cir, Dripping Springs, TX, 78620

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,150 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.63 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater, Exhaust Fan, Freezer, Gas Range, Ice Maker, Microwave, Oven, Gas Oven, Double Oven, Refrigerator, Free-Standing Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer Stacked, Tankless Water Heater, Water Softener, Water Softener Owned, Wine Cooler
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Barbecue, Gas Grill, Lighting, Outdoor Grill, Private Entrance, RV Hookup
Lot Size3.40 acres

Building Information

Year Built1987
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR25824
SubdivisionDeer Creek Ranch
Land UseResidential
Legal DescriptionDEER CREEK RANCH, BLOCK B, LOT 6A-6B-6C, ACRES 3.3990 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$501,240
Assessed Improvement Value$165,920
Assessment Year2025

About this property

Welcome Home! This one-story, furnished, 2,200 sf home boasts inviting common areas that are already furnished, creating a welcoming atmosphere for everyone to enjoy. The house was fully renovated in 2023! It also features a front deck and covered side patio for relaxation and is located on 3.45 acres for quiet time outdoors. Make yourself at home with 3 bedrooms (two with queen size beds and one with a daybed and pop up twin trundle), 1 office, and 3 full bathrooms. All new vinyl plank flooring throughout (no carpet). Full furnished kitchen and appliances include a refrigerator, dishwasher, oven, toaster oven, microwave, coffee maker, washer, and dryer. Want chickens?! Chicken coops are already on the property. Focus on minimizing toxins with air filters in every room and cleaning products by Branch Basics and Molly Suds. Two covered parking spaces and two uncovered parking spaces. Utilities not included. Tenant pays for mowing. No Smoking. Shoes Free Household. Pets Negotiable and will require a pet deposit and fee. 4 Bedroom, 3 Bathroom House Utilities not included Lease terms = 1 year minimum $3,800 deposit. Rooms are furnished. Shoe free interiors. Parking covered and off street. Renter to maintain cleanliness of house with approved non toxic products. Renter to communicate any maintenance items. No smoking inside or on the property. No parties. Background check and credit check are required.

Investor Tools

$347,837Estimated Mortgage Balance
$320,539Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,003 /month
Positive
Cash Flow Estimate:
$1,334 /month

Interested in this property?

Chris Pesek

Pesek Property, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,171/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,721
$667,160
2025
$501,240
$165,920
$667,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,721
$667,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Stand Alone First / Home Equity First Lien
$370,000
No
First
Jan 23, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347,837
$319,323
47%
52%
$2,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,219/mo
+$197/mo
4.3%

City: Dripping Springs