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$880,000

1970 Martin Rd, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths918 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$958.61 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Oven, Free Standing Refrigerator, Microwave
FlooringCarpet

Exterior

Exterior FeaturesBalcony
Lot Size10.66 acres

Building Information

Year Built1988
Stories1

Land Information

APNR20146
SubdivisionWilliam Martin Survey
Land UseResidential
Legal DescriptionABS 748 WM MARTIN SURVEY AB 351 J'OCONNELL 10.659 ACS GEO#90401826 TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$80,540
Assessed Improvement Value$215,275
Assessment Year2025

About this property

A rare piece of the Texas Hill Country, where the land tells a story. Tucked away on 10.6 breathtaking acres in Dripping Springs, 1970 Martin Road is the kind of property that stays with you. Having been cherished and largely untouched by the market for decades, this private Hill Country retreat offers a remarkable blend of beauty, character and possibility. The topography is truly multidimensional, with elevated vistas that stretch across the landscape, rocky grottos and beautiful native cedars, live oaks, red oaks and Madrone trees woven throughout the property. From the higher points, watch the hawks effortlessly catch the thermals as they ride the Hill Country winds. It is quiet here. Peaceful. Private. And yet, you are still conveniently close to the heart of Dripping Springs. A rustic cabin with a wraparound deck takes advantage of the incredible views and offers a wonderful starting point for creating something uniquely your own. The property already has the essential improvements in place including a private water well, septic tank and electricity, while offering the freedom of no HOA and no deed restrictions. Located outside the Dripping Springs ETJ, this is an increasingly rare opportunity to own a substantial piece of Hill Country land where privacy, nature, views and possibility come together. Whether you envision a peaceful retreat, a homestead, or a place to build upon the existing character of the land, 1970 Martin Road invites you to slow down, look around and imagine what could be. Be sure to watch the video!

Investor Tools

$0Estimated Mortgage Balance
$1,020,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,120 /month
Positive
Cash Flow Estimate:
$2,040 /month

Interested in this property?

Rachael Peterson

Aston & Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,175
$295,815
2025
$80,540
$215,275
$295,815
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,175
$295,815

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,020,000
100%
0%
$0/mo

City: Dripping Springs

1970 Martin Rd | Property Details | No Agent List