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$1,200,000

724 Chama Trce, Dripping Springs, TX, 78620

Under ContractInfo
Beds5 Beds
Baths4 Bath
Baths4,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.66 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Built-In Electric Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator, Water Heater, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters, Playground, Private Yard
Lot Size2.63 acres

Building Information

Year Built2010
Roof Type112
Garage Spaces3

Land Information

APNR126990
Lot Number21
SubdivisionChama Trace
Land UseResidential
Legal DescriptionCHAMA TRACE, LOT 21, ACRES 2.631 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$545,600
Assessed Improvement Value$511,364
Assessment Year2025

About this property

Hill Country retreat that blends refined interiors with the natural beauty Dripping Springs is known for. Set on a scenic lot surrounded by mature trees and wide skies, this thoughtfully designed home offers spacious living areas, inviting outdoor spaces, and a layout made for both everyday comfort and effortless entertaining. Inside, the open-concept living room features vaulted ceilings and a wood-burning fireplace, creating a warm and welcoming centerpiece. The kitchen is equally inviting, offering sleek countertops, abundant cabinetry, stainless appliances, and double ovens—perfect for gatherings large or small. Expansive windows fill the home with natural light while capturing sweeping views of the Hill Country beyond. The home offers two primary suites, thoughtfully located on separate levels for flexibility and privacy. The downstairs primary features a spa-like bath with a soaking tub, dual vanity, and a vast walk-in shower with dual shower heads, including rain shower. The upstairs primary offers equally generous proportions and private access to the elevated deck via a separate exterior staircase—ideal for a quiet retreat or guest accommodations. Large bonus space that can serve as a game room, playroom, yoga studio, or theatre room. Outdoor living is equally appealing with two distinct spaces: a covered patio on the main level and an upper deck with elevated views. Together, these create options for entertaining, relaxing, or simply enjoying the quiet of the surroundings. A sparkling pool and hot tub completes the setting, offering the perfect place to cool off on warm Texas days or enjoy a starry winter evening. With its versatile layout, flexible living areas, and Hill Country views from every room, 724 Chama Trace delivers a rare opportunity to enjoy both comfort and character in one of Dripping Springs’ popular neighborhoods. *Bonus* 2 horses are allowed!

Investor Tools

$316,649Estimated Mortgage Balance
$871,351Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,703/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,499
$1,056,964
2025
$545,600
$511,364
$1,056,964
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,499
$1,056,964

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capstar Lending Llc
Conventional
$417,000
No
First
Apr 23, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,649
$871,351
73%
27%
$0/mo

City: Dripping Springs