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$1,295,000

471 Turkey Drive, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths2,978 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$434.86 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Auction

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesConvection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Tankless Water Heater, Some Gas Appliances, Built In Oven, Cooktop
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Deck, Dog Run, Outdoor Grill, Outdoor Kitchen, Porch, Rain Gutters, Propane Tank Owned

About this property

Luxury Live Auction! Bidding to start from $1,295,000.00. Welcome to your ultimate Pedernales River retreat in 78620! This rare 6.68-acre Hill Country property is uniquely situated in Blanco County, offering an attractive 1.35% tax rate and potential for a beekeeping Ag Exemption. The surrounding communities offer a strong network of homeschool families and resources, with opportunities for co-ops, enrichment classes, and outdoor or nature-based learning. Originally platted as three separate lots, the property offers exceptional flexibility, including room for two additional homes—ideal for a family compound, guest residences, or investment opportunities. Primary suite and two bedrooms on the main level, office or 4th bedroom upstairs, plus a private apartment/studio downstairs—ideal for guests, extended family, or additional living space. The upper tier features the primary residence on a fully fenced 2.5-acre lot, complete with a spectacular outdoor kitchen and sweeping Hill Country sunset views. The middle tier overlooks the river and is ready for private glamping under the stars. The true crown jewel is the lower tier, featuring 100 feet of private, direct Pedernales River frontage. Enjoy a flat recreational area, a private walking trail to the river, and inviting water for year-round swimming, kayaking, and fishing. Zoned to Johnson City ISD, this one-of-a-kind property combines the Dripping Springs lifestyle with the space, flexibility, and financial advantages of Blanco County. A rare opportunity to create your own Hill Country compound, weekend retreat, or legacy property on the Pedernales River.

Investor Tools

$0Estimated Mortgage Balance
$1,295,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,770 /month
Positive
Cash Flow Estimate:
$2,590 /month

Interested in this property?

Dan Justus

Keller Williams Realty - SW

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Financing Details

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

City: Dripping Springs

471 Turkey Drive | Property Details | No Agent List