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$1,100,000

NAL Estimated Property Value

310 N Canyonwood Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,129 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$351.55 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBar Fridge, Dishwasher, Disposal, Electric Range, Exhaust Fan, Induction Cooktop, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater, Wine Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, Private Yard
Lot Size2.16 acres

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR45334
Lot Number1047
SubdivisionSunset Canyon Sec V
Land UseResidential
Legal DescriptionSUNSET CANYON V LOT 1047 2.162 AC TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$416,280
Assessed Improvement Value$640,560
Assessment Year2025

About this property

Discover the wonder of hill country living in this tastefully remodeled one-story home situated in the highly sought-after Sunset Canyon subdivision. Sitting on over 2 acres, this property is perched on a hilltop, nestled among large live oaks where you can enjoy stunning sunsets from many vantage points. This peaceful retreat is a place you will want to call home. The open-concept living room, complete with a built-in bar/wine fridge, seamlessly transitions to the outdoor pool area, making it perfect for entertaining. Follow the new handscraped oak plank flooring into the kitchen, which boasts soft-close cabinetry, SS appliances, fresh, quartz, tile backsplash, hardware & more. The laundry/mudroom with new finishes is complete with storage bench, & remodeled bath. Enjoy the large primary suite which showcases nature all around. The bath features a new walk-in shower, tub, tile, counters, mirrors & hardware. There are three additional bedrooms, one currently used as an office with built-in cabinetry and a separate door for convenience, as well as two more full baths. Outdoors, multiple living spaces await, including a front porch perfect for birdwatching and a back patio ideal for enjoying sunrises by the pool. The large yard provides ample space for outdoor activities in a quiet, private setting. Located just minutes from the charming town of Dripping Springs, residents enjoy close proximity to quaint shops, restaurants, wineries, and breweries. Nature enthusiasts will appreciate the nearby parks and hiking trails, while the vibrant city of Austin is only 28 minutes away. Served by the exemplary Dripping Springs ISD, this home offers the perfect blend of country tranquility & city accessibility, making it an ideal retreat for those looking to enjoy the best of both worlds. Sunset Canyon subdivision features large acreage lots, low tax rates, and minimal restrictions with no mandatory HOA. Come experience the unique charm of this Sunset Canyon gem.

Investor Tools

Property Icon
$1,100,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,100,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,596/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,658
$1,056,840
2025
$416,280
$640,560
$1,056,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,658
$1,056,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,056,840
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$35/mo
+$2,381/mo
2.6%

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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310 N Canyonwood Dr | Property Details | No Agent List