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$825,000

509 Roy Creek Ln, Dripping Springs, TX, 78620

$891,631 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,361 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.46 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesFree Standing Electric Range, Ice Maker, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size2.10 acres

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces5

Land Information

APNR45275
Lot Number994
SubdivisionSunset Canyon Sec V
Land UseResidential
Legal DescriptionSUNSET CANYON V LOT 994 2.101 AC TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$405,910
Assessed Improvement Value$419,670
Assessment Year2025

About this property

Imagine coming home to 509 Roy Creek Lane in Sunset Canyon, where over two acres of private Texas Hill Country beauty wrap around a classic, easy-living one-story ranch home. With completely stair-free living from end to end, every day flows effortlessly. Step inside to an inviting living room defined by towering vaulted ceilings and recent interior paint that amplifies the abundant natural light. Culinary enthusiasts will fall in love with the newly remodeled kitchen, thoughtfully designed with extra-deep counter space and custom cabinetry, an induction stove, multiple sinks, and exceptional storage to keep every gadget organized. Enjoy slow morning coffees in the sunny breakfast area, or utilize the adjoining flex space as a formal dining room, cozy den, or lively game room—whatever fits your lifestyle. When it is time to work or create, a dedicated separate office offers the ultimate quiet retreat, while an oversized laundry room provides generous room for crafting, sewing, or hobbies. Comfort extends to all four bedrooms and three full baths, highlighted by an expansive, versatile fourth bedroom. Complete with a private entrance and a full bath nearby, this massive space serves as an exceptional in-law suite, guest wing, or secondary primary retreat. Step outside to your personal crown jewel: a newly refinished swimming pool backed by recent pool equipment, positioned to overlook a peaceful wet-weather creek. Whether you are swimming under the afternoon sun or unwinding beneath the famously dark, star-filled Hill Country skies, wildlife frequently wanders through to share the tranquility. A spacious three-car garage easily holds vehicles, tools, and outdoor gear. Located just minutes from the conveniences of Belterra Shopping and the charm of downtown Dripping Springs, this single-story sanctuary offers the rare mix of secluded acreage and modern ease.

Investor Tools

$129,446Estimated Mortgage Balance
$784,554Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$891,631
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,484 /month
Positive
Cash Flow Estimate:
$1,828 /month

Interested in this property?

Amy Runyan

Mercer Street Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,862
$741,137
2025
$405,910
$419,670
$825,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,862
$741,137

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Mortgage Co
Unknown
$211,040
No
First
Jul 29, 2010
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,446
$784,554
85%
14%
$0/mo

City: Dripping Springs