Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$1,491,500

500 Harmon Hills Cv, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths4,472 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$117.4 / sqft
Year BuiltBuilt in 1996

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesElectric Cooktop, Dishwasher
FlooringCarpet, Linoleum

Exterior

Private PoolPrivate Pool
Lot Size10 acres

Building Information

Year Built2005
Stories1
Garage Spaces3

Land Information

APNR29745
Lot Number27
SubdivisionHarmon Hills Sec One
Land UseResidential
Legal DescriptionHARMON HILLS I, LOT 27, MH SERIAL # EHIDOKE134, LABEL # TRA0539905, ACRES 10.00 TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$1,242,540
Assessed Improvement Value$248,960
Assessment Year2025

About this property

Don't miss this amazing opportunity to live and work in the hill country of Dripping Springs! 10 acres with 3 3 bed/2 bath manufactured homes and a large shop. Each home has its own storage shed. Homes, septic, and well are in good condition. Zoned for multi-use residential with few restrictions. Current rental income is $3450 a month with all homes rented. Gorgeous views and privacy! DSISD highly rated schools. Low 2% tax rate. The sky is the limit with what you can do with this property! Hurry!Guest Accommodations: Yes Restrictions: Unknown

Investor Tools

Property Icon
$1,491,500
Estimated Property Value
$412,000Estimated Mortgage Balance
$1,146,530Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,949 /month
Positive
Cash Flow Estimate:
$2,983 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,570/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,387
$1,491,500
2025
$1,242,540
$248,960
$1,491,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,387
$1,491,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank
Unknown
$412,000
No
First
May 16, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,784
$1,145,716
76%
23%
$2,471/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

500 Harmon Hills Cv | Property Details | No Agent List