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$833,000

NAL Estimated Property Value

640 Sycamore Creek Dr, Dripping Springs, TX, 78620

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size15 acres

Land Information

APNR151689
Lot Number24B
SubdivisionHillview Addition Sec 2
Land UseResidential
Legal DescriptionHILLVIEW ADDITION SEC 2, LOT 24B, ACRES 15 TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$600,765
Assessment Year2025

About this property

** Seller is motivated and willing to consider reasonable offers. ** Incredible opportunity to own 15 acres of land in Dripping Springs that offers numerous possibilities! This property boasts of amazing Hill Country views for miles around and provides a unique opportunity to capture the endless beauty that every sunrise and sunset has to offer! With multiple sites to build on, several rising terraces, a seasonal creek and pond, soil appropriate for horses or livestock, the ability to hunt on your own land, and no HOA, this property is sure to please. Build your dream home, a wedding venue, income producing cabins/homes for short term rentals, or simply invest for future development. Land can be subdivided into three, 5 acre lots. Dripping Springs is distinctively known to be the self-proclaimed “Gateway to the Hill Country” and “Wedding Capital of Texas,” and is packed with vineyards, breweries and distilleries as well as some of the most incredible natural beauty in the region. Don't let this incredible opportunity pass you by!!!

Investor Tools

Property Icon
$833,000
Estimated Property Value
$0Estimated Mortgage Balance
$833,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,934
$600,765
2025
$600,765
N/A
$600,765
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,934
$600,765

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$951,000
100%
0%
$0/mo

City: Dripping Springs

640 Sycamore Creek Dr | Property Details | No Agent List