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$695,000

404 Saddlehorn Dr, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,861 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.92 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Microwave, Range Hood, Stainless Steel Appliances
FlooringCarpet, Concrete, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size1.53 acres

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APN05130501010000
Lot Number15
SubdivisionSaddletree Ranch Sec 3
Land UseResidential
Legal DescriptionLOT 15 SADDLETREE RANCH SEC 3
Census Tract036600
Assessed Land Value$306,400
Assessed Improvement Value$399,900
Assessment Year2025

About this property

Set on 1.53 acres in the Saddletree Ranch community, this single-story home puts Dripping Springs Hill Country distance between neighbors while keeping Lakeway and downtown Dripping Springs a short drive away, all inside the Lake Travis ISD boundary. Freshly painted inside and outside, the property features a standing-seam metal roof, owned solar tied to PEC, a private well, a 500-gallon propane tank, two rainwater collection tanks totaling 32K gallons of water-holding capacity, and windows replaced in 2025. Inside, an open floor plan carries the kitchen, dining, and living areas under a floor-to-ceiling stone fireplace, with concrete floors running the length of the main living space. The kitchen features dark granite countertops, classic wood cabinetry, and double ovens for buyers who host as often as they cook, with the washer, dryer, two refrigerators, and one freezer all included. A vaulted, window-lined dining room and a separate breakfast nook offer two distinct places to gather. The floor plan features four bedrooms plus one dedicated study, with carpet in all the bedrooms and the dedicated study installed 09/21/26. The primary suite is set apart from the other bedrooms with its own bathroom and a large walk-in closet. A soaking tub, glass walk-in shower, and double vanity storage are among the finishes across the home's bathrooms, and tray ceilings and oversized windows bring in natural light and wooded views. Out back, a covered patio and an oversized wood deck run the width of the house, built for watching the sun drop over the rolling terrain. Saddletree Ranch residents also have a neighborhood park with a pavilion and playground close by, an added community amenity for a property with this much land. Acreage like this inside Lake Travis ISD, within reach of Lakeway shopping and dining and the Hill Country wineries along the 290 corridor, does not come up often in Dripping Springs.

Investor Tools

$12,498Estimated Mortgage Balance
$873,502Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,316 /month
Positive
Cash Flow Estimate:
$1,772 /month

Interested in this property?

Gene Arant

Keller Williams - Lake Travis

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$981/month
$781/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,347
$706,300
2025
$306,400
$399,900
$706,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,347
$706,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Credit Line (Revolving) / Heloc
$25,000
No
First
Jun 4, 2007
Jun 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,498
$873,502
98%
1%
$150/mo

City: Dripping Springs

404 Saddlehorn Dr | Property Details | No Agent List