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$269,000

31930 Mirela Ann RD, Dripping Springs, TX, 78620

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About this property

Build your dream home on this exceptional 1.12-acre homesite, Lot C in TerraLoma, a thoughtfully designed Hill Country community offering mature trees, privacy, and beautiful Hill Country views. Inspired by the beauty and spirit of nearby TerraScena, TerraLoma blends natural beauty, sustainability, and convenience in one remarkable setting. The gently elevated homesite provides the opportunity to capture scenic vistas and stunning sunsets while enjoying the peace and serenity of Hill Country living. With no builder restrictions and no timeframe to build, you have the flexibility to create a custom home that fits your vision and lifestyle. Located just 10 minutes from downtown Dripping Springs and approximately 20 minutes from Bee Cave, Lakeway, and the Hill Country Galleria, residents enjoy easy access to shopping, dining, and entertainment while maintaining a true rural feel. Situated within the highly acclaimed Dripping Springs ISD and located outside city limits and the ETJ. TerraLoma embraces sustainable building practices, with homes generally designed around rainwater harvesting as the primary water source. Additional homesites are available, offering a rare opportunity to create a custom Hill Country retreat in one of Dripping Springs' most desirable locations.

Investor Tools

$0Estimated Mortgage Balance
$269,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Jenny Cureton

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$500/month
5.947%

City: Dripping Springs

31930 Mirela Ann RD | Property Details | No Agent List