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$1,152,000

NAL Estimated Property Value

495 Mt Gainor RD, Dripping Springs, TX, 78620

$1,497,600 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,208 Sq Ft
price_per_sqft$1,403.99 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden
Lot Size30 acres

Building Information

Garage Spaces2

Land Information

APNR15107
SubdivisionBenjamin F Hanna Survey
Land UseResidential
Legal DescriptionA0222 BENJAMIN F HANNA SURVEY, ACRES 30 TAX CODES:RSP,SDS
Census Tract010807
Assessed Land Value$2,485,080
Assessed Improvement Value$603,550
Assessment Year2025

About this property

495 Mt. Gainor Rd. - charming 2-bedroom ranch home on stunning 30.00 acre tract on the banks of and bluffs above historic Onion Creek and less than 3 miles to downtown Dripping Springs. With very light and easy restrictions, incredibly low taxes (wildlife tax exemption in place) and no HOA, panoramic Hill Country and pastoral views, private Onion Creek access (via a shared Mesa Del Arroyo owner creekside pavilion) as well as 4250 linear feet of creek access, individual gated entrance and paved driveway to home overlooking the creek, gorgeous pastures and hills. There's an incredible variety of trees, plants, wildlife and wide open spaces under big Texas skies and with lots of elbow room to enjoy. Extremely convenient to nearby vineyards, dining, retail, grocery, entertainment, schools, churches and nature parks and preserve. Sought - after Dripping Springs ISD and abundant opportunities to enjoy the good life in the heart of the Central Texas Hill Country. Inquire with Listing Agent for more info or to schedule a private tour.

Investor Tools

Property Icon
$1,152,000
Estimated Property Value
$199,133Estimated Mortgage Balance
$952,867Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,497,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,600 /month
Positive
Cash Flow Estimate:
$6,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,621
$691,130
2025
$2,485,080
$603,550
$3,088,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,621
$691,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Credit Line (Revolving) / Heloc
$200,000
No
First
Dec 8, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,133
$952,867
82%
17%
$1,200/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.

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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495 Mt Gainor RD | Property Details | No Agent List