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$545,000

409 Shadywood Ln, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,004 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$271.96 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free Standing Range, Disposal, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size21,780 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR35629
Lot Number100
SubdivisionMeadow Oaks Phase I
Land UseResidential
Legal DescriptionMEADOW OAKS PHASE I LOT 100 0.50 AC TAX CODES:RSP,SDS
Census Tract010817
Assessed Land Value$159,300
Assessed Improvement Value$367,700
Assessment Year2026

About this property

Where the deer roam and life slows down. Welcome to Meadow Oaks, a peaceful, established neighborhood in the heart of Dripping Springs, where spacious lots, roaming wildlife, and classic Texas ranch-style homes create an inviting Hill Country setting. With no HOA, residents enjoy added flexibility to make it their own. Inside this single-story home has an open-concept main living area which offers a comfortable flow for everyday living and entertaining, while wood and tile flooring add warmth and character. Thoughtful updates complement the home's traditional ranch-style charm, creating a welcoming space that feels both timeless and practical. A flexible room in the front provides additional space for working from home, hobbies, or a guestroom. Pride of ownership shines through in the home's ongoing care and maintenance, including replacement windows with solar screens and blinds, new water heater, and new HVAC all within the past few years. Outdoor living is equally inviting. A backyard patio framed by raised planters creates a cozy retreat for morning coffee, outdoor dining watching the sun set, or just relaxing afternoons letting yourself recharge. Native landscaping enhances the natural surroundings, while a backyard shed provides convenient storage. Out front, an extended patio offers a welcoming spot to unwind, enjoy the neighborhood, or exchange a friendly wave with passing neighbors. Deer and other wildlife are frequent visitors, adding to the peaceful, distinctly Texas atmosphere. Tucked just off Hwy 290 behind the Dripping Springs Post Office, Meadow Oaks offers easy access to local shopping, dining, schools, and everyday essentials. Dripping Springs High School is nearby, and historic Mercer Street, with its locally owned businesses and small-town charm, is just a short drive away. Classic Texas character, thoughtful upkeep, and a little more breathing room. All in the heart of Dripping Springs!

Investor Tools

$74,381Estimated Mortgage Balance
$631,619Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,236 /month
Positive
Cash Flow Estimate:
$1,412 /month

Interested in this property?

Jenny Wagner

Give Realty, Inc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,672
$527,000
2026
$159,300
$367,700
$527,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,672
$527,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameripro Funding Inc
Conventional
$75,000
No
First
Oct 10, 2013
Nov 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,381
$631,619
89%
11%
$585/mo

City: Dripping Springs

409 Shadywood Ln | Property Details | No Agent List