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$500,000

601 Lost Valley Rd, Dripping Springs, TX, 78620

$597,950 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,304 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$217.01 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesExhaust Fan, Refrigerator, Range Hood
FlooringCarpet, Tile

Exterior

Exterior FeaturesExterior Steps
Lot Size4.58 acres

Building Information

Year Built2006
Stories1

Land Information

APNR34957
Lot Number8
SubdivisionLost Valley
Land UseResidential
Legal DescriptionLOST VALLEY, BLOCK B, LOT 8, SERIAL # PH0518567A, LABEL # PFS0955161, ACRES 4.576 TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$612,370
Assessed Improvement Value$147,510
Assessment Year2025

About this property

Peaceful hill country living on 4.576 acres in a quiet country neighborhood with large acreage lots. This 4 bedroom, 3 bath home offers approximately 2,340 sq ft of comfortable living space, surrounded by mature native trees, natural beauty and exceptional outdoor living. A spacious open floor plan with natural light and features a stone wood-burning fireplace. A separate office provides the perfect setting for working from home. Throughout the home is ample storage which adds to everyday convenience. Recent updates include new paint, updated appliances and new carpet, making this home move in ready. Step outside and experience the Texas hill Country. Relax on the porches and patio, tend your garden or greenhouse or take a peaceful walk down to Sycamore Creek. Additional features include a rainwater collection system, solar panels and additional storage buildings/ workshop includes a loft. Enjoy an evening on the patio which offers great views of the Hill Country. This property offers plenty of space for entertaining and families alike. Come enjoy the Hill Country lifestyle. Located in the Dripping Springs school district. This property offers comfort, functionality, privacy and natural beauty.

Investor Tools

$116,340Estimated Mortgage Balance
$414,660Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$597,950
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,186 /month
Positive
Cash Flow Estimate:
$1,062 /month

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Randy Hutto, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,103
$267,200
2025
$612,370
$147,510
$759,880
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,103
$267,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationwide Advantage Mortgage Co
Conventional
$155,050
No
First
Mar 11, 2015
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,340
$414,660
78%
22%
$930/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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601 Lost Valley Rd | Property Details | No Agent List