$2,190,000
6500 W Highway 290 Highway, Dripping Springs, TX, 78620
On Market
Commercial
Highlights
Interior
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
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
