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$865,000

388 Desert Willow Way, Austin, TX, 78737

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,857 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.27 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Oven, Cooktop, Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Washer
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Lighting, Private Entrance, Rain Gutters
Lot Size13,491 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR122140
Lot Number18
SubdivisionHigh Pointe Ph 2 Sec 2a
Land UseResidential
Legal DescriptionHIGH POINTE PH 2 SEC 2A, BLOCK D, LOT 18, ACRES 0.3097 TAX CODES:MHC5,RSP,SDS
Census Tract010816
Assessed Land Value$148,680
Assessed Improvement Value$627,360
Assessment Year2025

About this property

Discover this spacious Highpointe home in Dripping Springs, ideally situated on a rare, true greenbelt lot. Backing directly to peaceful greenspace, the property offers beautiful views, exceptional privacy, and a setting that is increasingly difficult to find. With more than 3,800 square feet, the thoughtfully designed interior features four spacious bedrooms, three-and-a-half baths, a dedicated home office, separate media room, and versatile game or bonus room. Soaring ceilings and abundant windows fill the home with natural light while showcasing the greenbelt beyond. Freshly painted throughout, the home also features new carpet, updated light fixtures and ceiling fans, a newer roof, and a newer high-efficiency HVAC system. It is move-in ready with plenty of opportunity to add your personal style. The private backyard includes a covered stone patio, gas grill hookup, fire pit, and an expansive grassy area with plenty of room to play, entertain, or add a pool. A three-car garage and oversized driveway make parking multiple vehicles and recreational toys easy. Located in the gated Highpointe community and within walking distance of Sycamore Springs Elementary and Middle Schools, residents enjoy walking trails, parks, ponds, a fitness center, two community pools, sports fields, and more. Don’t miss this true Highpointe gem in Dripping Springs ISD!

Investor Tools

$365,967Estimated Mortgage Balance
$526,033Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,352 /month
Positive
Cash Flow Estimate:
$1,784 /month

Interested in this property?

Lisa Little

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,554/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,191
$776,040
2025
$148,680
$627,360
$776,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,191
$776,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$407,000
No
First
Jun 24, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,967
$526,033
58%
41%
$2,441/mo

City: Austin

388 Desert Willow Way | Property Details | No Agent List