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$1,064,000

900 Canyonwood DR, Dripping Springs, TX, 78620

SoldInfo
6/11/26
Beds6 Beds
Baths4 Bath
Baths3,734 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.9 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesBuilt In Oven, Dishwasher, Disposal, Microwave, Water Purifier Owned, Water Softener Owned, Self Cleaning Oven, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size2.76 acres

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APNR45090
Lot Number794-795
SubdivisionSunset Canyon Sec V
Land UseResidential
Legal DescriptionSUNSET CANYON SEC V, LOT 794-795, ACRES 2.756 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$517,250
Assessed Improvement Value$593,270
Assessment Year2025

About this property

Price improvement — exceptional value for this stunning Hill Country property! Welcome to 900 Canyonwood Drive — your private retreat on a sprawling, flat 2.76-acre lot offering endless possibilities for outdoor living, entertaining, and relaxation. Backing to a private ranch, this property enjoys added privacy and peaceful views with no rear neighbors. This beautifully updated 1994-built executive home spans approximately 3,734 square feet and features five bedrooms, three and a half bathrooms, an additional office or flex bedroom, and a separate den, providing generous space for family and guests. Designed with flexibility in mind, this home is an exceptional multigenerational plan, featuring two oversized first-floor bedrooms that offer comfort, privacy, and easy accessibility for extended family or long-term guests. Step inside to discover a fresh, move-in-ready interior with new paint throughout, creating a bright and welcoming atmosphere. Recent major updates provide modern convenience and peace of mind, including a brand-new septic system, new well pump, recent roof replacement, and a striking new iron front door. The renovated owner’s bath is a true retreat, complete with a stunning, spa-like shower. Enjoy three spacious living areas, a wood-paneled office, and a gourmet kitchen with granite countertops and a wet bar — perfect for everyday living and entertaining. Outside, a sparkling in-ground pool is ideal for relaxing or hosting gatherings. A three-car garage offers ample space, while the expansive, level lot provides room to roam, garden, or simply enjoy the serene setting. A voluntary HOA with minimal restrictions adds flexibility. Located in desirable Dripping Springs, this property combines peaceful acreage living with convenient access to acclaimed schools, wineries, breweries, and outdoor recreation. Don’t miss this rare opportunity to own a slice of Hill Country paradise!

Investor Tools

Property Icon
$1,064,000
Estimated Property Value
$0Estimated Mortgage Balance
$987,660Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,450 /month
Positive
Cash Flow Estimate:
$2,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$847/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,848
$1,015,793
2025
$517,250
$593,270
$1,110,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,848
$1,015,793

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amplify Cu
Credit Line (Revolving) / Heloc
$87,000
No
First
Mar 30, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,340
$987,660
92%
7%
$522/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.

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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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