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Days75Days on Market
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$2,998,000

733 and 701 Dawn VW, Dripping Springs, TX, 78620

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,649 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$821.59 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Electric Oven, Convection Oven, Dishwasher, Disposal, Microwave, Propane Cooktop, Stainless Steel Appliance(s), Vented Exhaust Fan, Electric Water Heater, Water Purifier Owned
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size15.46 acres

Building Information

Year Built2008
Stories1
Roof Type112
Garage Spaces3

Land Information

APNR45379
Lot Number13
SubdivisionSycamore Creek
Land UseResidential
Legal DescriptionSYCAMORE CREEK LOT 13 15.46 AC VLB-428-88112 GEO#90403715 TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$602,520
Assessed Improvement Value$620,565
Assessment Year2025

About this property

There’s a point where space starts to matter more than square footage. Where privacy isn’t a luxury, it’s a requirement. And where the idea of “getting away” no longer means giving anything up. Welcome to one of Dripping Springs’ most compelling opportunities. Set on just over 30 acres of Texas Hill Country, this exceptional property pairs wide-open beauty with a rare level of self-sufficiency, featuring solar power and a 30,000 gallon rainwater collection system that creates an almost off-grid lifestyle without sacrificing comfort or convenience. At the heart of the property sits a beautifully appointed 3,600+ SF residence, thoughtfully positioned to take in the surrounding landscape and designed for everyday living. Expansive windows invite the outdoors in, while nearly 900 square feet of covered patio space becomes a natural extension of the home, perfect for slow mornings, long evenings, and everything in between. Inside, the home offers a versatile layout with a fifth bedroom that can easily function as a secondary living space, private study, fitness room, or guest retreat, creating flexibility that evolves with your needs over time. Outside, rolling terrain, native landscape, and wide-open skies create a sense of freedom that’s increasingly rare, yet this property is anything but remote. Located minutes from the heart of Dripping Springs, you’re within easy reach of top-rated schools, local cafes, breweries, and everyday essentials, striking an ideal balance between seclusion and convenience. Adding to the functionality is a substantial 1,500 square foot barn offering space for equipment, hobbies, storage, or future customization. Offered as a combined 30.72-acre estate, the property also consists of two distinct tracts, presenting the rare ability to envision multiple paths forward.

Investor Tools

$0Estimated Mortgage Balance
$2,030,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,988 /month
Positive
Cash Flow Estimate:
$5,996 /month

Interested in this property?

Jamie Chauvette

Moreland Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,227
$1,118,612
2025
$602,520
$620,565
$1,223,085
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,227
$1,118,612

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,030,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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733 and 701 Dawn VW | Property Details | No Agent List