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$716,000

NAL Estimated Property Value

350 Medlin Creek Loop, Dripping Springs, TX, 78620

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,923 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$338.01 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Exhaust Fan, Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesKennel, Private Yard
Lot Size1.90 acres

Building Information

Stories1
Roof Type105
Garage Spaces2

Land Information

APNR35764
SubdivisionMedlin Creek Phase I
Land UseResidential
Legal DescriptionMEDLIN CREEK PHASE 1 LOT 9 & .3948 AC ABS 149 1.899 AC TOTAL TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$436,200
Assessed Improvement Value$277,980
Assessment Year2025

About this property

Welcome to this charming retreat in one of the best locations in Dripping Springs. The bluebonnets are in full bloom on 1.9 acres and the possibilities are endless. The 1,923 sq ft property has an open floor plan that includes the living room w/wood burning fireplace, large kitchen with SS appliances, dining nook and spacious sun room that is currently being used as an art studio. The primary bedroom is conveniently located on the main level with an en suite bathroom that includes an updated walk in shower and garden tub. Heading upstairs to the loft is the second bedroom with gorgeous views and second full bath with an additional living area. Attic access gives the possibility of finishing an additional space upstairs or keeping as is for storage. Heading outdoors you will enjoy the sparkling in-ground pool, oak tree filled lot and spectacular sunsets with Hill Country views! Located in the exemplary DSISD and not only close to downtown Dripping Springs but also Bee Cave and Lakeway. Schedule your tour of this beautiful property today!

Investor Tools

Property Icon
$716,000
Estimated Property Value
$615,859Estimated Mortgage Balance
$87,007Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,296 /month
Positive
Cash Flow Estimate:
$1,432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,236/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,251
$714,180
2025
$436,200
$277,980
$714,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,251
$714,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alcova Mortgage Llc
Va
$625,000
Yes
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$615,859
$98,321
13%
86%
$3,748/mo

City: Dripping Springs

350 Medlin Creek Loop | Property Details | No Agent List