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$1,113,446

NAL Estimated Property Value

506 Gatlin Creek Rd, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,030 Sq Ft
price_per_sqft$295.57 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Electric Cooktop, Dishwasher, Down Draft, Exhaust Fan, Microwave, Self Cleaning Oven, Electric Water Heater
FlooringCarpet, Concrete, Wood

Exterior

Exterior FeaturesPlayground, Private Yard, RV Hookup
Lot Size7.17 acres

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR70481
SubdivisionW S Butler Survey
Land UseResidential
Legal DescriptionABS 519 & 745 W BUTLER & J M MADDING SURVEY 7.17 AC TAX CODES:RSP,SDS
Census Tract010807
Assessment Year2025

About this property

Hunting for your own UNRESTRICTED hill country acreage? This stunning 7.17 acre gentleman's ranch features a 2,030 sq ft 4 bed, 2 bath stone home two ponds, a beautiful outdoor living area with views & a large waterfall, a workshop & fenced pasture for horses and/or livestock. Whether you are looking to simply live on your terms or open a commercial venture, no restrictions allow nearly endless possibilities (event center, wedding venue, tasting room, etc). Students attend DSISD. Don't miss this chance! Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,113,446
Estimated Property Value
$427,817Estimated Mortgage Balance
$686,461Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,681 /month
Positive
Cash Flow Estimate:
$2,227 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,692/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,731
$1,113,446
2025
N/A
N/A
$1,251,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,731
$1,113,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Financing Unlimited Inc
Conventional
$473,000
No
First
Apr 23, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$427,817
$685,629
61%
38%
$2,836/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,836/mo
$-420/mo
2.6%

City: Dripping Springs

506 Gatlin Creek Rd | Property Details | No Agent List