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B+
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$642,271

321 Twin Creek Cir, Dripping Springs, TX, 78620

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,524 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$288.71 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Gas Cooktop, Dishwasher, Disposal, Exhaust Fan, Oven, Self Cleaning Oven, Stainless Steel Appliance(s)
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size2.75 acres

Building Information

Year Built1996

Land Information

APNR196297
Lot Number25-27
SubdivisionHill Creek West
Land UseResidential, 5 Acres Or Less
Legal DescriptionHILL CREEK WEST, BLOCK D, LOT 25A, ACRES 2.749, *REPLAT OF LOTS 25-27* TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$516,060
Assessed Improvement Value$218,110
Assessment Year2025

About this property

Two farm house retreats on one amazing lot! 2 homes (1) 900 sqft & (1) 600 sqft home on nearly 3 acres surrounded by stunning hill country views and located on a quiet cul-de-sac that backs to a gentle creek and tall ridge for added privacy. The charm of this property is sure to give you an instant feel of home as soon as you walk in the door with large exposed beams, stainless appliances, custom wood work and spacious patios! Few restrictions, low taxes, highly sought after schools. VRBO possibleGuest Accommodations: Yes Restrictions: Yes

Investor Tools

Property Icon
$642,271
Estimated Property Value
$436,600Estimated Mortgage Balance
$182,359Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,854 /month
Positive
Cash Flow Estimate:
$1,285 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,136/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,419
$642,271
2025
$516,060
$218,110
$734,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,419
$642,271

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$436,600
No
First
Nov 17, 2021
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$460,770
$181,501
28%
72%
$3,008/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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321 Twin Creek Cir | Property Details | No Agent List