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$626,000

NAL Estimated Property Value

622 Canyon Rim Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$332.48 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesBuilt-In Electric Oven, Cooktop, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Trash Compactor
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Garden, Lighting, Outdoor Grill, Private Yard
Lot Size1.27 acres

Building Information

Stories1
Roof Type105
Garage Spaces3

Land Information

APNR45114
Lot Number822
SubdivisionSunset Canyon Sec V
Land UseResidential
Legal DescriptionSUNSET CANYON V LOT 822 1.272 AC TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$257,890
Assessed Improvement Value$347,020
Assessment Year2025

About this property

Welcome to an exceptional home in the scenic hill country of Dripping Springs, TX, located in the Sunset Canyon West community with a voluntary HOA. This 1.28-acre property offers privacy, space, and endless potential for your next project or peaceful retreat. Pre-inspection available. The home is on WTCPUA city water with a low 1.56 tax rate. The property offers private greenbelt views creating the perfect setting for nature lovers and stargazers. A scenic gully at the edge of the property enhances its tranquil beauty. The included geodesic dome greenhouse from Growing Spaces supports year-round production of avocados, satsuma oranges, tomatoes, oregano, rosemary, and more—ideal for those passionate about sustainable living. Outside, there is a well-established gardening area with four raised garden beds with both city water and a private well for irrigation. Home is on a private septic system.Additionally, there is a detached 750-sq ft artist’s studio/workshop which provides well-lit space for your creative projects, woodworking, or storage. The expansive looped driveway, the largest in the neighborhood, offers ample parking for boats, trucks, campers, and more, plus a custom carport for extra covered parking space. Around the mostly brick home, updated Hardi-plank siding, Pella windows, a metal roof, and gutter upgrades all add lasting value. The sprinkler system keeps your landscaping lush, & the heat pump upgrade ensures year-round comfort. Over $320K+ in upgrades added through the years, including kitchen and master bathroom remodels. This home is located in the prestigious Dripping Springs Independent School District, which currently ranks in the top 10% of school districts in Texas both academically and financially. 622 Canyon Rim Drive is a rare opportunity you will not want to miss. Contact us today!

Investor Tools

Property Icon
$626,000
Estimated Property Value
$0Estimated Mortgage Balance
$626,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,892
$557,018
2025
$257,890
$347,020
$604,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,892
$557,018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$620,000
100%
0%
$0/mo

City: Dripping Springs

622 Canyon Rim Dr | Property Details | No Agent List