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$707,820

313 Spanish Oak Trl, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.87 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR128518
Lot Number41
SubdivisionOak Springs
Land UseResidential
Legal DescriptionOAK SPRINGS, LOT 41, ACRES 2 TAX CODES:GHA,RSP,SDS
Census Tract010806
Assessed Land Value$427,610
Assessed Improvement Value$376,070
Assessment Year2025

About this property

Great one story home on two beautiful acres w/large trees. Wonderful floor plan offers 4 bedroom and 2 bath w/gameroom. Large, open kitchen w/granite counterss, breakfast bar and breakfast nook, living/formal dining w/beautiful wood floors. Laundry room has double washer/dryer, great covered deck in back for entertaining. Barn w/two stables and garden. Back yard is fully fenced. Wonderful area and exemplary rated schools!FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$707,820
Estimated Property Value
$334,567Estimated Mortgage Balance
$402,877Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,247 /month
Positive
Cash Flow Estimate:
$1,416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,072
$707,820
2025
$427,610
$376,070
$803,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,072
$707,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$334,567
No
First
Sep 29, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,522
$402,298
56%
43%
$2,006/mo

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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313 Spanish Oak Trl | Property Details | No Agent List