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B+
NoAgentList RatingHow are grades calculated? Info

$996,000

360 Prairie Clover Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.08 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces4

Land Information

APNR172460
Lot Number8
SubdivisionEsperanza Subdivision Phase 1
Land UseResidential
Legal DescriptionESPERANZA SUBDIVISION PHASE 1, BLOCK 4, LOT 8 TAX CODES:GHA,RSP,SDS
Census Tract010817
Assessed Land Value$150,450
Assessed Improvement Value$820,787
Assessment Year2025

About this property

The Balcones floorplan from award-winning luxury home builder Toll Brothers leaves a lasting impression with its stunning two-story foyer and two-story great room overlooking an expansive covered patio. The well-appointed kitchen is central to a bright casual dining area and is highlighted by a large center island with a breakfast bar, wraparound counter and cabinet space, and a spacious butler’s pantry with a prep area. The gorgeous primary bedroom suite with tall ceiling is complete with an impressive walk-in closet and stunning primary bath with dual vanities, large garden tub, luxe dual-head shower with seat, linen storage, and a private water closet. Secondary bedrooms feature walk-in closets and a shared bath with separate vanity areas. Secluded on the second floor is a fourth-bedroom suite with a walk-in closet and shared hall bath overlooking a generous loft. Additional highlights include a versatile office with French doors off the foyer, thoughtful workspace, convenient powder room and everyday entry with drop zone, centrally located laundry, and additional storage. The attached 3-car garage was upgraded with insulation and electrical for an optional conversion into a home gym or theatre room. Move-in ready newer construction that has never been lived in!

Investor Tools

Property Icon
$996,000
Estimated Property Value
$726,200Estimated Mortgage Balance
$308,574Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,976 /month
Positive
Cash Flow Estimate:
$1,992 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,692/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,322
$971,237
2025
$150,450
$820,787
$971,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,322
$971,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$726,200
No
First
Jun 12, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$688,597
$282,640
29%
69%
$4,354/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$4,354/mo
$-1,938/mo
2.9%

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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360 Prairie Clover Dr | Property Details | No Agent List