1051 Trailhead CIR
About This Property
Set within gated Settlers Point, the modern farmhouse sits privately among mature trees with a welcoming oversized front porch and a setting that feels peaceful and removed while remaining convenient to Dripping Springs. Inside, the light filled floor plan offers generous living and entertaining spaces, a well appointed kitchen, flexible rooms and an easy connection to the outdoors.
The property truly sets this home apart. Spend summers by the pool, enjoy Hill Country sunsets and long distance views, or take advantage of five fully fenced and cross fenced acres with room for horses, animals, gardens, recreation or simply more privacy. A two stall barn adds even more flexibility for equestrian use, storage, a workshop or hobbies.
For buyers wanting additional space in the future, the property also offers the opportunity for an additional dwelling, subject to applicable approvals and requirements, creating potential for a guest house, multigenerational living, studio or private office.
A three car garage, whole home generator, solar and private well add to the property's functionality.
Five acres. Gated. Pool. Views. Privacy. And the flexibility to make the property your own. An increasingly hard to find combination in Dripping Springs.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$1,599,000
↓ $50K
(3%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$1,649,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$1,699,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by Compass RE Texas, LLC | $1,749,000 | |
| Listed by Compass RE Texas, LLC | |||
| May 31, 2026 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017