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$489,900

901 Panorama Dr, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,891 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.07 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden
Lot Size30,928 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR31207
Lot Number25
SubdivisionHill Creek West
Land UseResidential
Legal DescriptionHILL CREEK WEST LOT 25 BLK F 0.71 AC GEO#90402969 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$178,700
Assessed Improvement Value$292,150
Assessment Year2025

About this property

Welcome home to this charming Hill Country retreat, perfectly tucked away on a private, 0.71-acre homesite in the highly desirable Hill Creek West community. Combining natural beauty with modern comfort, this property has been beautifully updated with fresh, recent paint and carpet, making it entirely move-in ready. The main level boasts a bright, open-concept floor plan designed for effortless living and entertaining. A spacious living area centers around a stunning stone fireplace, seamlessly flowing into a chef’s kitchen equipped with granite countertops, stainless steel appliances, custom cabinetry, and a breakfast bar. Durable wood and tile flooring add warmth to the primary living spaces, where you'll also find the private primary suite conveniently located on the main floor. Upstairs, two additional bedrooms offer wonderful flexibility for family, guests, or a dedicated home office. Step out onto the upstairs balcony to take in spectacular, long-range Hill Country views—the perfect spot for morning coffee or evening relaxation while overlooking your expansive, tree-filled lot. With a generous lot size, the possibilities are endless, add a pool, house your chickens in the established coop, install a playscape, or host a bonfire! Residents of Hill Creek West enjoy fantastic neighborhood amenities, including community lakes, fishing, and scenic jogging trails, all while benefiting from a lower tax rate than many neighboring developments. Located within the highly acclaimed Dripping Springs ISD, this peaceful haven offers the ultimate blend of quiet privacy and convenience, sitting just minutes away from the vibrant shopping, dining, and entertainment of downtown Dripping Springs.

Investor Tools

$364,829Estimated Mortgage Balance
$155,807Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

Interested in this property?

Amy Runyan

Mercer Street Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,332
$470,850
2025
$178,700
$292,150
$470,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,332
$470,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A+ Fcu
Conventional
$388,075
No
First
Mar 9, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,829
$155,171
29%
70%
$2,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,477/mo
$-389/mo
4.8%

City: Dripping Springs