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$885,500

NAL Estimated Property Value

3300 FM 165 - Lot 21, Dripping Springs, TX, 78620

Off MarketInfo
Baths0 Bath

About this property

STUNNING VIEWS for miles. Lot 21 at Ranches at Dripping Springs is part of a 389+/- acre, 26-lot gated luxury ranchette community perched atop a ridge along the west side of Dripping Springs. With elevations exceeding 1,600 feet, the property offers breathtaking long distance views with ponds and grottos throughout the land. This community is thoughtfully crafted to deliver an exceptional ranch-living experience where natural beauty and luxury seamlessly come together. RanchesAt Dripping Springs is a place where every detail complements the dramatic landscape, creating a distinctive and inviting lifestyle. The developer is deeply committed to preserving the natural character of the land. With an emphasis on responsible stewardship, the terrain is carefully cleared, and invasive species are removed to protect the native ecosystem. The result is a hand-curated ranchette development that spans more than 389 acres with an emphasis on conservation and quality. This is a rare opportunity to enjoy the tranquility and privacy of a low-density ranch community featuring 26 exclusive ranchettes, each ranging from 12 to 18 acres. An existing wildlife/AG valuation-supported by an emphasis on birds-helps ensure lower property taxes. Residents also enjoy paved roads and an impressive gated entrance that welcomes you into this exceptional community.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,313 /month
Positive
Cash Flow Estimate:
$1,771 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,800/month
5.947%

Learn About the Market: Opportunity in Texas

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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.

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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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3300 FM 165 - Lot 21 | Property Details | No Agent List