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$905,000

501 Cottonwood Creek DR, Dripping Springs, TX, 78620

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,942 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.53 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool
Lot Size1.54 acres

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APNR44983
Lot Number687
SubdivisionSunset Canyon Sec 4
Land UseResidential
Legal DescriptionSUNSET CANYON SEC 4 LOT 687 1.536 AC TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$305,340
Assessed Improvement Value$612,270
Assessment Year2025

About this property

Beautiful home with soaring ceilings and open floorpan on over an acre and a half. Three bedrooms, including the primary along with two full baths are located downstairs. One bedroom, one full bathe and bonus area upstairs including a wet bar area. Summer will be here before you know it and relaxing in that gated pool during the hot Texas afternoons or taking a moment to enjoy the hot tub after a long day is going to be nice! Ask about purchasing as well! Pool and lawn will be maintained as part of the lease by the Landlord.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,474
$816,255
2025
$305,340
$612,270
$917,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,474
$816,255

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$905,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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501 Cottonwood Creek DR | Property Details | No Agent List