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$1,200,000

324 Cortaro Dr, Dripping Springs, TX, 78620

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,259 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$368.21 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Gas Range, Built In Oven, Dishwasher, Disposal, Stainless Steel Appliances
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Private Yard
Lot Size33,106 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR173890
Lot Number2
SubdivisionCortaro Subdivision
Land UseResidential
Legal DescriptionCORTARO SUBDIVISION, LOT 2, ACRES 0.76 TAX CODES:GHA,RSP,SDS
Census Tract010817
Assessed Land Value$88,500
Assessed Improvement Value$809,043
Assessment Year2025

About this property

Tucked away on a sprawling .76-acre homesite in the coveted Cortaro community, this stunning Ashton Woods - William Plan blends refined Hill Country luxury with modern comfort. Offering 3,259 square feet of thoughtfully designed living space, this two-story residence features an open-concept layout, soaring ceilings, designer finishes, and abundant natural light throughout. The gourmet kitchen flows seamlessly into expansive living and dining spaces, creating the perfect setting for both everyday living and effortless entertaining. Retreat to the private owner’s suite complete with a spa-inspired bath and oversized walk-in closet, while secondary bedrooms provide flexibility for guests, family, or a dedicated home office. Step outside to your own resort-style backyard oasis featuring a sparkling pool, expansive outdoor living areas, and peaceful Hill Country surroundings. A spacious 3-car garage provides ample room for vehicles, storage, and recreation. Located in the boutique Cortaro neighborhood by Ashton Woods, residents enjoy oversized homesites, elevated architectural design, and the charm of Dripping Springs living just minutes from top-rated schools, wineries, restaurants, and downtown conveniences. This exceptional property delivers luxury, privacy, and lifestyle in one of the Hill Country’s most desirable communities.

Investor Tools

Property Icon
$1,032,000
Estimated Property Value
$888,700Estimated Mortgage Balance
$199,455Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Stewart Shank

Moreland Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,709/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,347
$897,543
2025
$88,500
$809,043
$897,543
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,347
$897,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$888,700
No
First
Jan 12, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$834,008
$215,992
20%
81%
$5,329/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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