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$699,900

464 Crimson Sky Ct, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,125 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.97 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Oven, Dishwasher, Free Standing Gas Range, Disposal, Microwave, Range Hood, Water Softener Owned, Water Softener, Water Purifier
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Private Yard, Rain Gutters
Lot Size10,019 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR166943
Lot Number115
SubdivisionHeadwaters @ Barton Creek Phase 4
Land UseResidential
Legal DescriptionHEADWATERS @ BARTON CREEK PHASE 4 SECTION 1, BLOCK C, LOT 115, ACRES 0.23 TAX CODES:RSP,SDS,MHDW
Census Tract010809
Assessed Land Value$158,420
Assessed Improvement Value$476,580
Assessment Year2025

About this property

Tucked away on one of Headwaters' most sought-after cul-de-sacs, this exceptional David Weekley Weatherfield floor plan offers the space, flexibility, and outdoor living today's buyers are searching for. Situated on an expansive .23+ acre homesite backing to the greenbelt, the backyard is what truly sets this property apart. With direct trail access and enough room for a future pool, garden, play space, or all of the above, the possibilities are as impressive as the setting itself. Designed to take full advantage of the landscape, the outdoor living spaces have been thoughtfully expanded to include a dramatic two-story covered patio, an additional 26-foot Trex deck, and 2nd gas stub-outs for an outdoor kitchen, creating the perfect backdrop for entertaining or enjoying quiet evenings overlooking the greenbelt. Inside, LVP flooring carries throughout the main living areas, leading to an open-concept floor plan that balances everyday comfort with functional design. A dedicated home office offers privacy for remote work, while the secluded primary suite enjoys peaceful backyard views, a spacious walk-in closet, dual vanities, and an oversized shower with dual shower heads. Upstairs, three spacious secondary bedrooms, two full bathrooms, and a generous second living area provide exceptional flexibility for a media room, playroom, game room, or guest retreat. Located on one of the community's most desirable streets, 464 Crimson Sky Court offers not only an outstanding home but one of the most coveted settings within Headwaters. Residents enjoy award-winning amenities, including miles of hiking and biking trails, a clubhouse, a resort-style pool, a fitness center, parks, and the highly acclaimed Dripping Springs ISD, all just minutes from the Hill Country's wineries, breweries, and downtown Dripping Springs.

Investor Tools

$535,715Estimated Mortgage Balance
$165,306Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Stefan Benteler

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,502/month
$459/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,525
$635,000
2025
$158,420
$476,580
$635,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,525
$635,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeward Mortgage Llc
Conventional
$587,758
No
First
Dec 10, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$535,715
$164,285
23%
77%
$3,524/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,983/mo
$-1,567/mo
4.1%

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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