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$1,053,000

413 Cortaro Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$303.58 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Microwave, Self Cleaning Oven, Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size32,670 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR173907
Lot Number19
SubdivisionCortaro Subdivision
Land UseResidential
Legal DescriptionCORTARO SUBDIVISION, LOT 19, ACRES 0.75 TAX CODES:GHA,RSP,SDS
Census Tract010817
Assessed Land Value$88,500
Assessed Improvement Value$769,500
Assessment Year2025

About this property

NEW ASHTON WOODS HOME in the Hill Country boutique community of Cortaro. Estimated completion Aug. 2022! Our Kylie plan is sure to wow you with its high vaulted ceilings and spacious rooms. A tall foyer with tray ceiling welcomes you into the openness of a large family room with an equally soaring ceiling. The entire back wall opens up with 15' sliders giving way to our largest covered outdoor patio, complete with outdoor fireplace and kitchen. An expansive interior kitchen with lots of counterspace gives way to dreams of cooking up gourmet meals for loved ones. With an easy pass through butler's pantry from the kitchen to the formal dining room, serving dinner will be a breeze. Have a long term guest staying with you? All bedrooms simplify everything with their own on-suite full baths and walk-in closets. A powder room makes itself available for additional guests. Enjoy a piece of tranquility in the large stand alone tub in your owner's suite with his and her closets. A huge game room adds to the entertaining value of this spacious home. Both modern and sophisticated, this home almost has it all. All that it is missing is you!

Investor Tools

Property Icon
$1,053,000
Estimated Property Value
$757,452Estimated Mortgage Balance
$344,660Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,318 /month
Positive
Cash Flow Estimate:
$2,106 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,770/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,970
$858,000
2025
$88,500
$769,500
$858,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,970
$858,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kinecta Fcu
Conventional
$757,452
No
First
Nov 9, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$709,591
$256,409
26%
67%
$4,542/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.

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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413 Cortaro Dr | Property Details | No Agent List