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$433,000

NAL Estimated Property Value

726 Lone Peak Way, Dripping Springs, TX, 78620

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths2,213 Sq Ft
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Energy Star Qualified Appliances, Gas Cooktop, Disposal, Microwave, Oven, Tankless Water Heater
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesIn Wall Pest Control System, Rain Gutters
Lot Size4,487 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR187785
Lot Number11
SubdivisionBig Sky Ranch Phase 4 At Dripping Spring
Land UseResidential
Legal DescriptionBIG SKY RANCH PHASE 4 AT DRIPPING SPRINGS, BLOCK 27, LOT 11, ACRES 0.103 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$106,200
Assessed Improvement Value$283,800
Assessment Year2025

About this property

Claim this bungalow today - Available for move-in now! Big Sky Ranch is Dripping Springs's premier community with a resort-style pool, shaded cabanas, children's playground, and hike & bike paths throughout. Zoned to acclaimed Dripping Springs ISD "Destination District". The quickest access to downtown and Founders Park. This is Hill Country Living at its finest. Enjoy the private second-floor balcony views of sunsets across from open green space and park setting all around you. Fully fenced-in front yard; comes with all appliances and a generous smart home package. Two living spaces! Upstairs, a huge loft, a dedicated reading nook, and downstairs, a mud room at entry, and an oversized two-car garage, it's the total package. Tankless water heater and full irrigation. This one is ready to go! Over 2200 square feet with 3 beds, 2.5 baths, with open style living down and beds up. From your front door, you can walk to downtown Dripping Springs, take advantage of nature and Founder's Park's extended green space + weekly market events, with a commute to Austin or nearby areas in under 30 mins!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$747/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,800
$390,000
2025
$106,200
$283,800
$390,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,800
$390,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$273,000
No
First
Mar 8, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,336
$170,664
39%
61%
$1,637/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,637/mo
+$451/mo
5.8%

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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