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$449,000

1141 Lucca Dr Unit 53, Dripping Springs, TX, 78620

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,528 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.61 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Disposal, Gas Water Heater, Microwave, Plumbed For Ice Maker, See Remarks, Stainless Steel Appliances, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, No Exterior Steps, Rain Gutters, See Remarks, Uncovered Courtyard
Lot Size4,981 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR148220
Lot Number1
SubdivisionThe Retreat At Dripping Springs
Land UseResidential
Legal DescriptionTHE RETREAT AT DRIPPING SPRINGS, UNIT 53, 1.42858% COMMON AREA INTEREST TAX CODES:GHA,RSP,SDS,TDS1
Census Tract010817
Assessed Land Value$89,130
Assessed Improvement Value$491,005
Assessment Year2025

About this property

Welcome home to refined Hill Country living in the gated enclave of The Retreat at Dripping Springs, featuring an FHA assumable loan for qualified buyers. Built by Brookfield Residential in 2021, this modern farmhouse-style detached condominium pairs timeless design with low-maintenance convenience. Offering approximately 2,528 square feet, the thoughtfully designed floor plan features 4 bedrooms, 3.5 baths, 2 living areas, 1 dining area, and an attached 2-car garage with soaring ceiling height for exceptional overhead storage. A charming covered front porch and wraparound patio create an inviting outdoor retreat, while the yard offers space for pets, gardening, or relaxation. Inside, abundant natural light highlights the open-concept layout, tall ceilings, and elevated finishes. The spacious family room flows into the dining area and chef-inspired kitchen, complete with designer tile backsplash, dramatic waterfall island, luxury vinyl plank flooring, water softener, abundant cabinetry, and generous prep space. The first-floor primary suite is a peaceful sanctuary with dual vanities, oversized walk-in shower, and impressive walk-in closet. Upstairs, a spacious game room, large fourth bedroom, full third bath, and walk-in storage closet offer flexibility for guests, hobbies, or working from home. With only 70 residences and a monthly HOA fee of just $315, this intimate community offers resort-style amenities including a sparkling pool with tanning ledge, relaxing spa, shaded dining pavilion with grill, fire pit, lounge seating, and convenient restrooms. Ideally located within walking distance of Dripping Springs High School and charming downtown Dripping Springs, the home offers easy access to local restaurants, boutiques, breweries, and community events. Experience the perfect balance of privacy, convenience, and Hill Country lifestyle. Enjoy lock-and-leave ease without sacrificing the warmth and character of a true home in a private neighborhood for relaxed living.

Investor Tools

$354,625Estimated Mortgage Balance
$117,530Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,833 /month
Positive
Cash Flow Estimate:
$944 /month

Interested in this property?

Amber Hart

Keller Williams - Lake Travis

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,200
$472,155
2025
$89,130
$491,005
$580,135
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,200
$472,155

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Fha
$377,187
Yes
First
Mar 31, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,625
$117,530
24%
75%
$2,326/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,641/mo
$-553/mo
5.3%

City: Dripping Springs

1141 Lucca Dr Unit 53 | Property Details | No Agent List