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$2,190,000

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

On MarketInfo
Beds— Beds
Baths— Bath
Baths2,394 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

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 versatile acreage in the rapidly growing Texas Hill Country. Located in the desirable Henly area between Dripping Springs and Johnson City, this property features approximately 233 feet of Highway 290 frontage with a permitted TxDOT entrance, offering excellent access and visibility. Ideal for residential or commercial use, the property is well-suited for a private homesite, gentleman’s ranch, or business venture such as a warehouse, contractor yard, showroom, or investment property. The land is dotted with mature oak trees, including several impressive heritage live oaks, and offers rolling terrain with scenic Hill Country views. A wet-weather creek adds natural charm, and the topography provides potential for pond construction. Utilities include electricity and a water well already in place. Conveniently located near popular wineries, breweries, and Hill Country attractions, this property combines natural beauty with accessibility and strong investment potential.

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