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$3,813,950

3300 RM -165 - Lot 23, Dripping Springs, TX, 78606

On MarketInfo
Beds4 Beds
Baths6 Bath
Baths4,487 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$850 / sqft
Year BuiltBuilt in 2026

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 6Bathrooms 6
AppliancesBar Fridge, Built In Refrigerator, Cooktop, Dryer, Dishwasher, Exhaust Fan, Freezer, Disposal, Ice Maker, Microwave, Oven, Water Softener
FlooringBrick, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Covered Courtyard, Gas Grill, Outdoor Grill, Private Entrance, Private Yard

Building Information

Garage Spaces3

About this property

Set within RanchesAt Dripping Springs, Lot 23 is an under-construction Hill Country showcase estate positioned on 14.5 acres with mature tree cover, gently rolling usable land, and Hill Country views. Designed for full-time livability, everyday comfort, and effortless entertaining, the 4,487-square-foot single-level residence is being built by Keith Wing and designed by MSA Architecture + Interiors. The home features 4 bedrooms, 5 full baths, 1 half bath, expansive indoor-outdoor living, a resort-style pool, game room, and dedicated exercise room. The homesite offers one of the community’s most usable acreage settings, with a rare combination of mature trees, open land, and flexibility for a future barn, recreation, hobby use, or simply enjoying wide-open acreage. Its single-level design and gently rolling terrain make Lot 23 especially well suited for buyers seeking a refined Hill Country estate that feels practical, polished, and easy to enjoy. RanchesAt Dripping Springs is a private gated luxury acreage community spanning approximately 389 acres with only 26 homesites, offering the space of ranch ownership with the ease of gated access, private roads, underground utilities, and a cohesive community setting. Lot 23 is part of the RanchesAt Reserve Collection, a limited offering of available showcase homes selected for their setting, design, and role in shaping the community’s architectural tone.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% 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
$22,884 /month
Positive
Cash Flow Estimate:
$7,628 /month

Interested in this property?

Liam McArdle

Compass RE Texas, LLC

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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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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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