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$1,297,000

NAL Estimated Property Value

451 Mystic Overlook RD, Dripping Springs, TX, 78620

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,823 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.17 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Convection Oven, Dishwasher, Gas Cooktop, Microwave, Double Oven, Refrigerator, Self Cleaning Oven, Water Purifier Owned, Water Softener Owned, Wine Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Private Yard, RV Hookup
Lot Size4 acres

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR71273
Lot Number11A
SubdivisionMystic Creek
Land UseResidential
Legal DescriptionMYSTIC CREEK, LOT 11A, ACRES 4.00 TAX CODES:RSP,SJC
Census Tract010817
Assessed Land Value$300,900
Assessed Improvement Value$419,226
Assessment Year2025

About this property

The Ultimate 4 Acre Hill Country Estate with costal grass fields, horse barn, infinity edge style pool, and a 5 bed 3.5 bath, 4823 sqft house that embraces a modern take on a classic style. The home is situated at the end of the cul-de-sac overlooking the open fields below. Private and serene, the property backs to a 200 acre exotic ranch, with a wet weather creek at the bottom of the property. Inside the home find an elegant floor plan with large living space, incredibly tall ceilings, top of the line kitchen appliances including Wolfe French Top range, Cherry Wood Cabinetry, an integrated Sub Zero Refrigerator, Wine Cooler and Ice Maker. Granite counter tops and center island, Travertine stone tile floors, and incredible details throughout. A guest suite can be found above the 2 car garage (epoxy coated floors) that has a full kitchen and bathroom. An office loft and a massive game/flex room can be found on the left wing of the home. The tropical vibes outdoor entertaining and pool area has breathtaking views of the sunset and fields. Includes automatic irrigation for the beautiful plants. This is a true Hill Country Gem!

Investor Tools

Property Icon
$1,297,000
Estimated Property Value
$856,767Estimated Mortgage Balance
$440,233Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,782 /month
Positive
Cash Flow Estimate:
$2,594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$902/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,335
$720,126
2025
$300,900
$419,226
$720,126
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,335
$720,126

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amplify Cu
Conventional
$940,000
No
First
Jul 28, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$856,767
$440,233
33%
66%
$5,636/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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451 Mystic Overlook RD | Property Details | No Agent List