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B+
NoAgentList RatingHow are grades calculated? Info

$1,086,250

311 Woodland Dr, Dripping Springs, TX, 78619

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,520 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.78 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Oven, Free-Standing Range, Self Cleaning Oven, Vented Exhaust Fan, Water Purifier Owned, Water Softener Owned
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size2.37 acres

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR86423
Lot Number6
SubdivisionWoodland Estates Sec Ii Phase A
Land UseResidential
Legal DescriptionWOODLAND ESTATES SEC II PHASE A, LOT 6, ACRES 2.37 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$451,640
Assessed Improvement Value$634,610
Assessment Year2025

About this property

This is truly one of Driftwood's gems - both the property and the neighborhood are exemplary. One-story ranch home - 4 bedrooms, 4 full baths, plus a study and a HUGE flex room that can be an office/bedroom/gameroom/etc. Passthrough fireplace can be enjoyed from the living room and the sitting room/dining room. Very cozy and charming. Master bathroom has amazing Steam Shower. There is also INSTANT HOT water from every faucet. This property may have up to 2 horses. Home has been immaculately maintained with detailed records of maintenance. Septic system checked yearly, propane paid for the year already, sprinklers checked quarterly, roof just a couple of years old. A fun fact: the doors are solid wood (except for 2 closet doors) which allows for quieter spaces. Yard is fenced fully yet also has a smaller fenced area to allow for pets to run free ... there's a huge storage cabin with electricity - perfect as is or add a pool and convert it to a pool house. This property is quite dreamy. We think you'll agree.

Investor Tools

Property Icon
$1,086,250
Estimated Property Value
$0Estimated Mortgage Balance
$1,086,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,518 /month
Positive
Cash Flow Estimate:
$2,173 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,790/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,043
$1,086,250
2025
$451,640
$634,610
$1,086,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,043
$1,086,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,086,250
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$300/mo
+$2,190/mo
2.8%

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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311 Woodland Dr | Property Details | No Agent List