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$987,000

NAL Estimated Property Value

502 N Canyonwood Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,079 Sq Ft
price_per_sqft$291.98 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesOven, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size2.98 acres

Building Information

Year Built1993
Stories1
Garage Spaces5

Land Information

APNR45340
Lot Number1055
SubdivisionSunset Canyon Sec V
Land UseResidential
Legal DescriptionSUNSET CANYON SEC V, LOT 1055 & 1056, ACRES 2.98 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$555,320
Assessed Improvement Value$471,930
Assessment Year2025

About this property

Click the Virtual Tour link to view the 3D walkthrough. Amazing elevation in this expansive two-story oasis situated on a sprawling lot in the hills of Dripping Springs. The foyer greets you with a stunning floating staircase and views of the backyard. The family room is a cozy retreat with a gorgeous fireplace as the focal point. A cozy breakfast nook is ideal for a casual meal or enjoying your morning cup of coffee in the natural light. Open kitchen with stainless steel appliances and white cabinets. Primary suite boasts a stunning walk-in shower, jetted tub, a huge walk-in closet and dual vanities with vessel sinks. Balcony views of the beautiful hill country. Charming backyard made for entertaining with plenty of patio space as well as an outdoor grill and pergola. The covered balcony and enclosed sunroom allow you to comfortably enjoy the beautiful views in every season. Separate in garage/entertainment space with bonus boat/RV storage and detached garage with 9' doors. Holding tank for rainwater available. New HVAC system, property on a great electric grid.

Investor Tools

Property Icon
$987,000
Estimated Property Value
$672,269Estimated Mortgage Balance
$315,966Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,922 /month
Positive
Cash Flow Estimate:
$1,974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,424/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,158
$935,000
2025
$555,320
$471,930
$1,027,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,158
$935,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amplify Cu
Conventional
$728,000
No
First
Mar 18, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$672,269
$289,731
30%
68%
$4,365/mo

City: Dripping Springs

502 N Canyonwood Dr | Property Details | No Agent List