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$584,500

NAL Estimated Property Value

450 Sue Peaks Loop, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,918 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.31 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Built-In Gas Range, Dishwasher, Disposal, Exhaust Fan, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size7,492 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR188116
Lot Number2
SubdivisionBig Sky Ranch Phase 3 At Dripping Spring
Land UseResidential
Legal DescriptionBIG SKY RANCH PHASE 3 AT DRIPPING SPRINGS, BLOCK 38, LOT 2, ACRES 0.172 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$106,200
Assessed Improvement Value$423,800
Assessment Year2025

About this property

Zoned to the brand new Wildwood Springs Elementary School, this less than two year old home has one of the lowest property tax rates in the area and features one of the most popular floor plans in Big Sky Ranch. With nearly 3,000 square feet, 4 bedrooms, and 3 full baths, including 2 bedrooms and 2 full bathrooms on the main level, the layout offers options and flexibility. The primary suite features an extra large closet, while a secondary bedroom and full bath downstairs create a comfortable setup for guests or multigenerational living. At the front of the home, a dedicated office with custom built ins gives you a true work from home space. The heart of the home is the open concept living space, with upgraded cabinetry and a clean, modern lighting package that keeps the space bright. The front of the home stands out with added landscaping and custom stonework, while the backyard looks out toward the Hill Country and the Dripping Springs water tower. Upstairs, a large loft takes in those Hill Country views, along with two additional bedrooms and a full bath, giving you space to spread out. A generously sized laundry room and additional storage on the first floor make day to day living easier. Located just a few homes from the community pool and minutes from downtown Dripping Springs, with quick access to shopping, dining, and daily essentials.

Investor Tools

Property Icon
$579,000
Estimated Property Value
$0Estimated Mortgage Balance
$579,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,507 /month
Positive
Cash Flow Estimate:
$1,169 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,518
$530,000
2025
$106,200
$423,800
$530,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,518
$530,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$579,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$45/mo
+$2,371/mo
5.0%

City: Dripping Springs

450 Sue Peaks Loop | Property Details | No Agent List