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$818,000

502 S Lariat Cir, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,740 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$298.54 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesBuilt In Electric Oven, Built In Oven, Dishwasher, Electric Water Heater, Disposal, Microwave, Water Softener Owned, Self Cleaning Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters, See Remarks
Lot Size1.71 acres

Building Information

Year Built1987
Stories1
Garage Spaces4

Land Information

APNR41270
Lot Number111
SubdivisionSaddletree Ranch Sec 1
Land UseResidential
Legal DescriptionSADDLETREE RANCH SEC 1A LOT 111 1.71 AC GEO#90407679 TAX CODES:RSP,SDS
Census Tract010818
Assessed Land Value$336,620
Assessed Improvement Value$395,460
Assessment Year2025

About this property

Amazing One-Story Retreat in Desirable Saddletree Ranch Discover the perfect blend of space, comfort and Hill Country living in this wonderful one-story home, beautifully situated on a gorgeous, level, live-oak dotted lot in the highly desirable community of Saddletree Ranch. Award-winning Dripping Springs schools! With more than 2,700 square feet, this spacious home offers an inviting and flexible floor plan with generously sized living areas, a fantastic game room and a charming screened-in porch designed for year-round enjoyment. Step outside to a sparkling pool, hottub and expansive yard, creating a wonderful setting for relaxing, entertaining and enjoying the best of the Texas Hill Country lifestyle. Additional highlights include a limestone accented fireplace, sunny kitchen, fresh interior paint, new carpet (July 2026) in bedrooms, wood-like tile throughout much of the home, a fantastic floorplan, a 2-car detached garage and a strong-producing water well. The Seller will replace the roof prior to closing, providing added peace of mind for the next owner. Enjoy the best of both worlds: a peaceful and private setting where you can truly unwind, combined with convenient access in and out of the neighborhood. The location is hard to beat, with easy access to Dripping Springs and Bee Cave, as well as nearby parks, trails, grocery stores, breweries, restaurants, shopping and entertainment. Experience the laid-back lifestyle that Saddletree Ranch is known for plus all the natural beauty and vibrant amenities that make the Texas Hill Country such a special place to call home.

Investor Tools

$72,177Estimated Mortgage Balance
$652,823Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,908 /month
Positive
Cash Flow Estimate:
$1,636 /month

Interested in this property?

Melanie Fenelon

Kuper Sotheby's Int'l Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,057/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,064
$716,887
2025
$336,620
$395,460
$732,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,064
$716,887

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Heritage Cu
Stand Alone Second / Subordinate Position
$83,500
No
First
Oct 21, 2019
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,177
$652,823
90%
10%
$501/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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502 S Lariat Cir | Property Details | No Agent List