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$1,273,694

NAL Estimated Property Value

507 Reataway, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,232 Sq Ft
price_per_sqft$200.85 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, Refrigerator, Tankless Water Heater, Wine Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesBarbecue
Lot Size32,670 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces4

Land Information

APNR154464
Lot Number4
SubdivisionBunker Ranch Phase 1
Land UseResidential
Legal DescriptionBUNKER RANCH PHASE 1, BLOCK 6, LOT 4, ACRES 0.75 TAX CODES:GHA,RSP,SDS,TDS2
Census Tract010807
Assessed Land Value$310,890
Assessed Improvement Value$1,069,190
Assessment Year2025

About this property

Haden Custom Homes has designed & built a fabulous Hill Country Contemporary Farmhouse in exclusive gated Bunker Ranch Sub-division. Home has rich wood floors, great room has floor to ceiling stone fireplace & exposed beams sliding windows that open to front porch. Double glass doors bring you into enticing entry way. Large gourmet kitchen w/ commercial grade gas range, stainless appliances, center island, & farm sink. Master bedroom is spacious, w/ true spa feeling master bath w/ his & hers vanities.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,273,694
Estimated Property Value
$613,086Estimated Mortgage Balance
$661,775Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,642 /month
Positive
Cash Flow Estimate:
$2,547 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,090/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,708
$1,273,694
2025
$310,890
$1,069,190
$1,380,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,708
$1,273,694

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$672,646
No
First
Aug 23, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$613,086
$660,608
51%
48%
$4,033/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$4,883/mo
$-2,467/mo
2.3%

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.

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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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