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$856,000

NAL Estimated Property Value

651 Shelf Rock, Driftwood, TX, 78619

SoldInfo
7/21/26
Beds4 Beds
Baths3 Bath
Baths3,473 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.06 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Double Oven, Dishwasher, Energy Star Qualified Appliances, Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size1.02 acres

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR125883
Lot Number105
SubdivisionRim Rock Phase Three Sec Two
Land UseResidential
Legal DescriptionRIM ROCK PHASE THREE SEC TWO, BLOCK A, LOT 105, ACRES 1.0184 TAX CODES:RSP,SDS,WGH2
Census Tract010912
Assessed Land Value$212,310
Assessed Improvement Value$649,100
Assessment Year2025

About this property

An exceptional floor plan designed for refined living, featuring all primary living spaces and bedrooms on the main level, complemented by a generous bonus room upstairs. This beautifully crafted home has been thoughtfully refreshed with a full interior repaint and plush new carpeting, offering a truly turnkey experience while still allowing buyers the opportunity to personalize with custom design selections. Ideal for both growing families and discerning empty nesters or retirees, the layout provides all bedrooms on the first floor, three full baths, an expansive living room, a private study, and a well-appointed bonus room with a dedicated children’s work or creative area conveniently located off the bedroom wing. A spacious three-car garage offers abundant storage and functionality. Outdoors, the property is framed by majestic oak trees and mature landscaping, creating a serene Hill Country setting. The fully fenced backyard offers endless recreational possibilities, with ample space for a resort-style pool, playscape, or additional outdoor amenities. Situated in the highly sought-after Dripping Springs ISD and just minutes from the elementary and junior high schools, this home seamlessly blends luxury, comfort, and lifestyle in an exceptional location.

Investor Tools

Property Icon
$856,000
Estimated Property Value
$233,475Estimated Mortgage Balance
$623,256Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,190 /month
Positive
Cash Flow Estimate:
$1,730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,316/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,516
$814,098
2025
$212,310
$649,100
$861,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,516
$814,098

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Spring Eq Llc
Credit Line (Revolving) / Heloc
$239,500
No
First
Dec 9, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,475
$656,525
73%
27%
$1,436/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,786/mo
+$704/mo
3.5%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Driftwood

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