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$1,089,000

NAL Estimated Property Value

7400 Creek RD, Dripping Springs, TX, 78620

$1,415,700 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,788 Sq Ft
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size6.89 acres

Land Information

APNR90093
SubdivisionWilliam H Haggard Survey
Land UseResidential
Legal DescriptionA0008 WILLIAM H HAGGARD SURVEY, ACRES 6.89, (1.00 AC HS) TAX CODES:RSP,SJC
Census Tract010807
Assessed Land Value$559,120
Assessed Improvement Value$423,330
Assessment Year2025

About this property

Excellent business opportunity adjacent to the Fields of Dreams Select Ball Fields in Dripping Springs. 28 UNRESTRICTED acres with 280 feet of 290 frontage & Creek Road access. High traffic along the 290 to Fredricksburg corridor. Ideal for RV Park, motel, convenience store/restaurant or other businesses catering to ballpark clientele or wine trail tourists. Location also suited to wine-tasting room, vineyards, special event center. Low Johnson City ISD taxes. Currently Ag Exempt.

Investor Tools

Property Icon
$1,089,000
Estimated Property Value
$3,775Estimated Mortgage Balance
$1,085,225Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,415,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,534 /month
Positive
Cash Flow Estimate:
$2,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$817/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,359
$982,450
2025
$559,120
$423,330
$982,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,359
$982,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pioneer Bank
Unknown
$5,000
No
First
Jan 7, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,775
$1,085,225
99%
0%
$30/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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7400 Creek RD | Property Details | No Agent List