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$1,190,000

TBD Old Red Ranch RD, Dripping Springs, TX, 78620

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About this property

Beautiful panoramic Hill Country views set the tone for this rare 20.3-acre property in Dripping Springs. Located along a quiet private road, the property offers exceptional privacy and a peaceful setting while remaining convenient to shopping, dining, schools, and other Dripping Springs amenities. The land has been partially cleared to showcase its natural character, including established trails, mature vegetation, scenic overlooks, and a striking ravine that runs through the acreage. A cleared building site takes full advantage of the privacy and views, providing an ideal setting for a custom home, weekend retreat, or recreational property. The acreage is partially fenced along three sides. An agricultural valuation is currently in place, with the potential to transition to wildlife management use, subject to applicable requirements. The property is located within Dripping Springs ISD and is reportedly served by a district bus route. Property is represented as unrestricted; buyer should independently verify restrictions, land-use requirements, school attendance zones, transportation availability, taxes, acreage, and all other information important to the buyer. Information provided is deemed reliable but is not guaranteed and should be independently verified.

Investor Tools

$0Estimated Mortgage Balance
$1,190,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,140 /month
Positive
Cash Flow Estimate:
$2,380 /month

Interested in this property?

Jeff Coffman

Coffman Real Estate

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Financing Details

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

City: Dripping Springs