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$1,499,000

NAL Estimated Property Value

507 Terrace Canyon DR, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,150 Sq Ft
price_per_sqft$361.2 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesEnergy Star Qualified Refrigerator, Free Standing Gas Range, Free Standing Refrigerator, Gas Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet Free, Tile, Wood

Exterior

Exterior FeaturesBarbecue, Gas Grill, Lighting, Outdoor Grill, Private Yard

Building Information

Garage Spaces3

About this property

A truly remarkable and elegantly designed residence on 1.56 acres in Dripping Springs, offering refined one-story living with a flexible upstairs bonus space. This new construction home features 4 bedrooms, 4.5 bathrooms, and approximately 4,000 sq ft of thoughtfully designed living space that blends luxury, comfort, and functionality. Inside, soaring 12-foot ceilings throughout create an open, airy atmosphere. The expansive living room is anchored by a dramatic fireplace and flows effortlessly into the heart of the home with an oversized chef’s kitchen outfitted with double islands, marble countertops, custom cabinetry, and a premium THOR stainless steel appliance package. A fully loaded butler’s pantry with abundant storage adds even more utility and style. The primary suite is a private retreat with high ceilings and a huge walk-in closet. The ensuite bathroom is timeless and serene, designed with premium finishes. Two additional downstairs bedrooms each feature designer en-suite bathrooms, while a third secondary bedroom on the main level also includes a full bathroom, ideal for family or guests. A dedicated study and powder room complete the main floor. Upstairs offers a flexible bonus room, perfect for a second living area, home gym, or media room, allowing this floor plan to adapt to your lifestyle. Step outside to the large covered patio with a built-in outdoor kitchen, offering the perfect space to entertain or unwind. The spacious backyard offers plenty of room to add a pool, giving you the opportunity to create your own Hill Country oasis. This is a one-of-a-kind custom floor plan in Dripping Springs, offering luxurious finishes, thoughtful design, and the space to make it your Hill Country dream.

Investor Tools

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$1,499,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,499,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Dripping Springs

507 Terrace Canyon DR | Property Details | No Agent List