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$1,085,000

1924 Pursley Rd, Dripping Springs, TX, 78620

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,744 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$395.41 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Range, Refrigerator
FlooringConcrete

Exterior

Exterior FeaturesPrivate Entrance

About this property

First time to market!! Enjoy space, privacy and flexibility on unrestricted 8.5 acres just outside the heart of Dripping Springs. Surrounded by mature trees and classic Hill Country scenery, this 2022 built timeless single-story farmhouse offers ample living space with four bedrooms, three full baths, formal dining, and a large mud and laundry room. The open floor plan is anchored by a spacious living room with a warm stone fireplace and large wall of windows. The designer kitchen features custom cabinets, a custom built-in Fisher and Paykel Panel Refrigerator, a farmhouse sink, custom built wood island, and plenty of room for gathering. The primary suite offers tree filled views, a large walk-in closet and an ensuite bath with soaking tub and separate shower. One of the property's standout features is the detached guest house with its own kitchen facilities complete full size appliances and laundry, bedroom and full bath—ideal for extended family, guests, a private workspace or additional living space. Outdoors, over eight acres provide room to spread out beneath mature trees, a personal trail system for daily hikes. Entertain on your choice of a wrap-around front covered porch or spacious back patio and enjoy the peaceful setting and privacy that comes hand in hand with acreage living. Bring Your Horses ! Enjoy low taxes with the established Wildlife Exemption in place. Recent upgrades include a whole house Kinetico filtration system and commercial grade RO for pure drinking water. Located in highly regarded Dripping Springs ISD, 1924 Pursley Rd combines acreage, versatile living spaces and a separate guest house in a setting that feels distinctly Hill Country.

Investor Tools

$0Estimated Mortgage Balance
$956,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,510 /month
Positive
Cash Flow Estimate:
$2,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,069/month
No HOA
5.947%

City: Dripping Springs

1924 Pursley Rd | Property Details | No Agent List