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$423,000

NAL Estimated Property Value

981 Lone Peak Way, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,948 Sq Ft
price_per_sqft$226.03 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesSee Remarks
Lot Size4,182 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR178788
Lot Number18
SubdivisionBig Sky Ranch Phase 2 At Dripping Spring
Land UseResidential
Legal DescriptionBIG SKY RANCH PHASE 2 AT DRIPPING SPRINGS, BLOCK 23, LOT 18, ACRES 0.096 TAX CODES:GHA,RSP,SDS
Census Tract010809
Assessed Land Value$106,200
Assessed Improvement Value$287,440
Assessment Year2025

About this property

Brand NEW energy-efficient home! Tucked at the rear of the home, the Sussex’s private first floor primary suite combines convenience with luxury. Upstairs, the kids will love the huge game room, handy pocket office and bedrooms with walk-in closets. Amenities will include: amenity center with a pool, splash pad and playground, plus trails with connectivity to the adjacent Founders Memorial Park. Schools located in award-winning Dripping Spring ISD.

Investor Tools

Property Icon
$423,000
Estimated Property Value
$280,549Estimated Mortgage Balance
$142,451Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,642 /month
Positive
Cash Flow Estimate:
$881 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,264
$393,640
2025
$106,200
$287,440
$393,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,264
$393,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$300,000
No
First
Nov 15, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,549
$142,451
33%
66%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,844/mo
+$244/mo
5.9%

City: Dripping Springs

981 Lone Peak Way | Property Details | No Agent List