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$2,490,000

329 Calvary Cv, Dripping Springs, TX, 78620

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$696.89 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Built-In Range, Dishwasher, Disposal, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Water Heater, Wine Refrigerator
FlooringConcrete, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Grill, Private Yard
Lot Size3.83 acres

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR156026
Lot Number24
SubdivisionMedlin Creek Ranch Ph Iv
Land UseResidential
Legal DescriptionMEDLIN CREEK RANCH PH IV, LOT 24, ACRES 3.83 TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$771,290
Assessed Improvement Value$871,127
Assessment Year2025

About this property

Rare opportunity for sustainable, luxury Hill Country living in Dripping Springs ISD! This stunning property is situated on 3.83 picturesque acres within a premier equestrian community in one of the area's best locations. If you want more space and privacy, there is an opportunity to purchase the adjacent 3.38-acre lot, offering the potential for a massive 7.21-acre private estate. This 4 bedroom /3.5 bath home defines relaxed elegance. At the heart of the home is a chef's kitchen anchored by an oversized island with quartz countertops, a La Cornue handcrafted custom range, built-in JennAir coffee maker for the coffee aficionado, wine fridge, stainless appliances and a huge walk-in pantry. The kitchen flows seamlessly into the living room featuring soaring beamed ceilings, a wall of floor-to-ceiling windows that open up to the private backyard, and a cozy fireplace that grounds the room. Character abounds at every corner with designer finishes and fixtures throughout, "found" antique doors, custom built-ins, stained concrete floors, and an abundance of natural light. The primary suite is the ultimate private sanctuary, featuring beamed ceilings, massive windows, and a spa-like primary bath. Features separate custom vanities, quartz countertops, walk-in shower with designer tiles from Clay imports, and a stand-alone tub perfect for unwinding after a long day. This home was also built with sustainability in mind, including Sunpower solar panels 12kW, a Tesla Powerwall battery backup, a L2 DC 50A Chargepoint electric car charger in the garage, and a 30,000 gallon rainwater collection and filtration system. The backyard is a true entertainer's paradise, featuring a pool, hot tub, fully equipped outdoor kitchen, trampoline, in-ground basketball hoop, and abundant recreational space. Backed by woods and plenty of trees, you'll be able to enjoy complete privacy. This is a RARE OPPORTUNITY to experience the perfect blend of luxury and tranquility!

Investor Tools

$847,207Estimated Mortgage Balance
$1,723,398Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,414 /month
Positive
Cash Flow Estimate:
$5,138 /month

Interested in this property?

Amy Sims

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,209/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,667
$1,642,417
2025
$771,290
$871,127
$1,642,417
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,667
$1,642,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$927,750
No
First
Oct 26, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$847,207
$1,721,793
67%
33%
$5,563/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$6,213/mo
$-3,797/mo
1.1%

City: Dripping Springs