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$1,280,000

NAL Estimated Property Value

404 Prairie Clover Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,817 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.1 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Private PoolPrivate Pool

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR172461
Lot Number9
SubdivisionEsperanza Subdivision Phase 1
Land UseResidential
Legal DescriptionESPERANZA SUBDIVISION PHASE 1, BLOCK 4, LOT 9 TAX CODES:GHA,RSP,SDS
Census Tract010817
Assessed Land Value$150,450
Assessed Improvement Value$993,870
Assessment Year2025

About this property

Come and see this beautiful, fully furnished, luxury lease available in the Esperanza community of Dripping Springs, just minutes from Dripping Springs schools, local breweries and wineries, and outdoor adventures at Pedernales Falls State Park or Reimer's Ranch. This Toll Brothers Treaty Oak plan offers 3,817 sq ft with 4 bedrooms and every bedroom includes its own en-suite bathroom. The home also features a dedicated office and private movie room with a 100” TV and 7.2.1 surround sound, perfect for movie nights after a day exploring the Hill Country. Designed for entertaining, the main living area opens completely to the covered patio through 23 ft stacked Glass Expanse doors, creating seamless indoor-outdoor living. The chef’s kitchen includes tons of cabinet space, a 48” JennAir 6-burner gas range with griddle and double ovens, wine fridge, pot filler, and a French inspired brass wet bar, ideal for hosting friends or preparing meals for backyard gatherings. Outdoor living shines here. The covered patio features remote-controlled screens, patio heaters, and a 25 ft outdoor kitchen with Kamado grill, gas burner, sink, refrigerator, and large propane fire pit, perfect for Hill Country BBQs and evenings under the stars. The backyard includes a heated and chilled pool, outdoor shower, and a 379 sq ft pool house currently used as a private office which also includes another full bathroom, making it easy to work from home or have a separate place to hang out. Car enthusiasts will appreciate the climate-controlled 4-car garage with polyaspartic floors, storage system, sink, freezer, and oversized safe, a great space to showcase or maintain your favorite vehicles. Enjoy the best of the Dripping Springs lifestyle, with quick access to wineries, breweries, distilleries, scenic drives, and hiking trails while living in a home built for relaxing, entertaining, and enjoying the Texas Hill Country. Pool maintenance and lawn care included. Call today!

Investor Tools

Property Icon
$1,280,000
Estimated Property Value
$901,772Estimated Mortgage Balance
$379,734Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,680 /month
Positive
Cash Flow Estimate:
$2,560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,907/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,484
$1,144,320
2025
$150,450
$993,870
$1,144,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,484
$1,144,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$950,000
No
First
Jun 20, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$901,772
$395,228
30%
70%
$4,602/mo

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.

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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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404 Prairie Clover Dr | Property Details | No Agent List