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$2,190,000

6500 W Highway 290 Highway, Dripping Springs, TX, 78620

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,394 Sq Ft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
FlooringSee Remarks

Exterior

Lot Size42.66 acres

Land Information

APNR10909
SubdivisionWilliam H Haggard Survey
Land UseAgriculture / Farming
Legal DescriptionABS 8 W H HAGGARD SURVEY 42.66 AC - GEO#25230086 TAX CODES:RSP,SJC
Census Tract010817
Assessed Land Value$1,644,330
Assessment Year2025

About this property

Exceptional opportunity to own highly versatile acreage on the 290 corridor just 7 miles outside Dripping Springs. Offers 233' of 290 frontage and 42 acres to carve out exactly what your vision can bring to life. Strategically located between Dripping Springs and Johnson City with proximity to the Wine Corridor. The land offers beautiful heritage oaks for potential venue and long distance views as well. Property includes well in place, electric and a conex placed on property prior to current owner.

Investor Tools

$789,087Estimated Mortgage Balance
$6,980Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,140 /month
Positive
Cash Flow Estimate:
$4,380 /month

Interested in this property?

Traci Phillips

Homestead & Ranch Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29
$6,980
2025
$1,644,330
N/A
$1,644,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29
$6,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Unknown
$879,300
No
First
Mar 12, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$789,087
N/A
0%
11305%
$5,272/mo

City: Dripping Springs

6500 W Highway 290 Highway | Property Details | No Agent List