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$225,000

NAL Estimated Property Value

Lot1 Springlake Drive, Dripping Springs, TX, 78620

Off MarketInfo

About this property

Welcome to Springlake Oaks! A Custom Home Opportunity in the Heart of Hill Country! Looking for the perfect place to build your dream home? Look no further than this rare opportunity in the highly desirable Springlake Oaks subdivision, just minutes from Downtown Dripping Springs. These 1-acre lots offer the ideal blend of natural beauty, modern convenience, and peaceful Hill Country living. Each homesite features: County-maintained roads, city water with paid tap, and underground utilities. Original Springlake Deed Restrictions apply, including a 700 sq ft minimum for dwellings, allowing for flexibility while maintaining community standards. Whether you're dreaming of a cozy getaway or a full-size custom home, you have the space and freedom to build what you love, build when you want and with builder of your choice! Enjoy the best of both worlds in a serene, rural setting with easy access to amenities, highly desired Dripping Springs ISD schools, shopping, wineries, and breweries in Dripping Springs. This is your chance to live surrounded by nature, yet never far from everything you need. Affordable, spacious, and ready for your vision!

Investor Tools

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$225,000
Estimated Property Value
$0Estimated Mortgage Balance
$225,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

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

City: Dripping Springs

Lot1 Springlake Drive | Property Details | No Agent List