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$625,000

NAL Estimated Property Value

9820 Stratus Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,714 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.13 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Range, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size15,651 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01099710150000
Lot Number47
SubdivisionMontebella Subd
Land UseResidential
Legal DescriptionLOT 47 BLK DDD MONTEBELLA SUBD
Census Tract036600
Assessed Land Value$166,302
Assessed Improvement Value$360,641
Assessment Year2025

About this property

Panoramic views from upstairs with views of downtown Austin!! This gorgeous hill country home sits on a large open lot with an inviting covered front and back porch, a three car garage, and a huge fenced backyard. The interior offers high ceilings, an open floor plan, lots of windows looking out to back, large walk in’s, large bedrooms, huge playroom, stone fireplace, master down, office down, four true bedrooms, wood floors, granite counters and lots of counter space. The exterior was recently painted. (June 2021) The neighborhood has access to neighborhood parks and lakes by paying $125 per year and is located within LTISD. Conveniently located just 10 minutes +/- to Bee Cave or Dripping Springs. Playscape does not convey.

Investor Tools

Property Icon
$625,000
Estimated Property Value
$441,958Estimated Mortgage Balance
$183,042Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$826/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,788
$526,943
2025
$166,302
$360,641
$526,943
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,788
$526,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$486,750
No
First
Jul 30, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$441,958
$162,042
26%
71%
$2,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,964/mo
$-548/mo
4.6%

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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9820 Stratus Dr | Property Details | No Agent List