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$875,000

465 Hannah Dr, Dripping Springs, TX, 78620

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,133 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$279.29 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Half 3Bathrooms Half 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Cooktop, Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size2.97 acres

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR94311
Lot Number7
SubdivisionDeerfield Estates
Land UseResidential
Legal DescriptionDEERFIELD ESTATES, LOT 7, ACRES 2.97 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$553,630
Assessed Improvement Value$530,310
Assessment Year2025

About this property

On nearly three acres at the end of a quiet Hill Country road, this five bedroom, three bath home in Deerfield Estates offers the kind of space and privacy that's genuinely hard to find in Dripping Springs anymore. With 3,133 square feet of classic, elegant living space, soaring ceilings, granite counters, a gas cooktop, and a three-car garage, the home has the room to live exactly the way you want. The layout is generous throughout, with space to spread out, room for everyone, and more storage than you will know what to do with. Step outside to the expansive rear patio and light a fire in the outdoor wood-burning fireplace, where the only sounds are birds, wind through the trees, and absolute quiet. No neighbors in sight, no traffic noise, no distractions. Just the night sky overhead, and in this certified Dark Sky community, that sky is something else entirely. Stars you did not know existed, skies darker and deeper than anything you will find closer to the city. The kind of evening that reminds you why you moved to Texas in the first place. And yet convenience is never more than a short drive away. Shopping and dining in Dripping Springs and Bee Cave are just minutes out, the Fitzhugh District puts world-class wineries, breweries, and outdoor adventures right in your backyard, and downtown Austin and the airport are both under 40 minutes from your front door. Dripping Springs ISD the whole way through, and the land, the light, and the lifestyle here make this one of the most sought-after pockets in the entire Hill Country. Properties like this do not come around often.

Investor Tools

$221,583Estimated Mortgage Balance
$771,168Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,941 /month
Positive
Cash Flow Estimate:
$1,980 /month

Interested in this property?

Chris Pesek

Pesek Property, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,617/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$990,142
2025
$553,630
$530,310
$1,083,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$990,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Greenpoint Mortgage Funding Inc
Unknown
$427,500
No
First
Jul 31, 2007
Aug 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,583
$768,559
77%
22%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
N/A
+$2,416/mo
2.9%

City: Dripping Springs

465 Hannah Dr | Property Details | No Agent List