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$1,439,000

NAL Estimated Property Value

703 Cottonwood Creek Rd, Dripping Springs, TX, 78620

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths3,905 Sq Ft
price_per_sqft$2.28 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Propane Cooktop, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size1.31 acres

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR44971
Lot Number675
SubdivisionSunset Canyon Sec 4
Land UseResidential
Legal DescriptionSUNSET CANYON SEC 4 LOT 675 1.312 AC TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$265,080
Assessed Improvement Value$1,122,047
Assessment Year2025

About this property

Modern Dripping Springs Marvel located on 1.3+ acres offers what you have been hoping for! Only 21 miles to Downtown Austin and partially furnished, including an infrared sauna! Approach the gated entry and drive on in amongst the oaks to your side entry garages. Sit on your front porch and soak in the long distance hill country views. The home boasts soaring 20 foot ceilings, 72" gas fireplace, and a gorgeous kitchen with a built in refrigerator/freezer, double ovens, gas cooktop, microwave, pot filler, stainless steel farmhouse sink, triple stacked cabinets, and a waterfall kitchen island and a filtered reverse osmosis water already built in to the kitchen.. The primary suite includes a sitting area, a spa bathroom, with a 50" gas fireplace over the freestanding soak tub, oversized shower, and walk-in closet with built-in cabinetry and shelving. Hardwood floors will follow you through the dining room, office, hallways, all of the secondary bedrooms. The laundry room has custom cabinetry, a sink, and fun tiled floors. You will be spoiled during Austin's summers with the recent installed salt water pool and spa. Year round enjoy heating up the spa, Clearlight Sauna (one of the best), light up your fire-pit, bbq underneath your outdoor kitchen, and gaze at the startling bright stars with Dripping Springs' Dark Sky ordinances. This property has plenty of room to store your boat or your RV too! Available to lease August 18,2025

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,105/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,069
$1,270,797
2025
$265,080
$1,122,047
$1,387,127
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,069
$1,270,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$1,660,000
No
First
Apr 22, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,538,522
N/A
0%
107%
$9,953/mo

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: Dripping Springs

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703 Cottonwood Creek Rd | Property Details | No Agent List