Last 24 Hours
$200,000
394 Vail River Rd, Dripping Springs, TX, 78620
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Exterior FeaturesNone
Lot Size2.40 acres
Land Information
APNR163825
Lot Number11
SubdivisionNorthridge Phase 3
Land UseResidential
Legal DescriptionNORTHRIDGE PHASE 3, LOT 11, ACRES 2.4 TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$199,800
Assessment Year2025
About this property
Escape to your Hill Country paradise with breathtaking panoramic views! This exclusive, gated 12-home luxury community off scenic Fitzhugh Road offers expansive acreage lots, with underground electrical lines to preserve your unobstructed views. With light restrictions and easy variance approvals, bring your own builder to craft your unique dream home! Just 15 minutes from Dripping Springs and close to Pedernales Falls State Park, local breweries, and vineyards, you'll enjoy peaceful Dark Sky stargazing and serene surroundings. Horses are permitted on 3+ acres. Zoned to the award-winning Dripping Springs ISD, this is Hill Country living at its finest.
Investor Tools
$0Estimated Mortgage Balance
$199,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,125
$199,800
2025
$199,800
N/A
$199,800
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,125
$199,800
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$253,000
100%
0%
$0/mo
12.4%