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$695,000

701 Cottonwood Creek Rd, Dripping Springs, TX, 78620

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,666 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.69 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesBuilt In Oven, Down Draft, Double Oven, Dishwasher, Electric Cooktop, Disposal, Refrigerator
FlooringCarpet, Linoleum, Tile

Exterior

Exterior FeaturesBalcony, Exterior Steps, Rain Gutters
Lot Size1.35 acres

Building Information

Year Built1995
Stories2
Garage Spaces2

Land Information

APNR44972
Lot Number676
SubdivisionSunset Canyon Sec 4
Land UseResidential
Legal DescriptionSUNSET CANYON SEC 4, LOT 676, ACRES 1.347 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$271,370
Assessed Improvement Value$386,649
Assessment Year2025

About this property

701 Cottonwood Creek Dr, Dripping Springs, TX 78620 brings together the things folks move to the Hill Country hoping to find: 1.347 acres, mature trees, privacy, beautiful views, and a big, welcoming home with room to settle in and stay awhile. Located on a quiet street in Sunset Canyon, this 4 bed, 3 bath, 2,666 sf home was built in 1995 and has been thoughtfully updated while keeping the character that makes an established Dripping Springs home so appealing. Downstairs is made for living well. Wood floors bring warmth to the main spaces, while a limestone fireplace gives the living room a true Texas focal point. The kitchen offers granite countertops, white cabinetry, stainless appliances, generous storage, and a large contrasting island with cooktop and seating. A separate dining area keeps everyone connected, and the sitting room/office provides valuable flex space for working from home, reading, homework, music, or a second place to relax. All four bedrooms are upstairs, creating a nice separation between the active and private spaces of the home. The spacious primary suite features a dramatic tray ceiling and French doors opening directly to the long covered balcony. Additional balcony access and beautiful Hill Country views make the second floor feel especially connected to the setting. And there is plenty of setting to enjoy. Start the morning on the covered front porch, take in the view from the upstairs balcony, find a shady spot beneath the oaks, hang a hammock, gather around an outdoor table, or give loved ones and dogs some room to roam. With 1.347 acres, mature landscape and the privacy Sunset Canyon is known for, there is breathing room here that is getting harder to find. Come see what life looks like with a little more house, a lot more land, and the Hill Country right outside your door.

Investor Tools

$0Estimated Mortgage Balance
$790,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,740 /month
Positive
Cash Flow Estimate:
$1,580 /month

Interested in this property?

Dianna Salazar

Texas Residential Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$944/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,376
$597,909
2025
$271,370
$386,649
$658,019
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,376
$597,909

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$768,000
100%
0%
$0/mo

City: Dripping Springs

701 Cottonwood Creek Rd | Property Details | No Agent List