Amazing opportunity to own a meticulously maintained, almost-new
free-standing home in the highly sought-after gated community of
Arrowhead Ranch in Dripping Springs. Designed with both everyday
living and entertaining in mind, this exceptional home features an
open-concept floorplan where the chef's kitchen flows seamlessly
into the spacious living room, highlighted by soaring vaulted
ceilings, abundant natural light, elegant high-end finishes
throughout, and a **cozy fireplace** that creates the perfect
gathering space. The thoughtfully designed layout offers an
oversized primary suite with a luxurious spa-inspired bathroom,
creating the perfect private retreat, while the flexible floorplan
provides comfortable living spaces for family and guests alike.
Step outside to a large covered patio overlooking a private
backyard that's ideal for entertaining, weekend BBQs, or simply
enjoying the peaceful Hill Country setting. Located within the
award-winning Dripping Springs ISD, this home offers an outstanding
combination of luxury, convenience, and community. Residents enjoy
excellent neighborhood amenities and a prime location just 27 miles
from downtown Austin and approximately 30 miles from
Austin-Bergstrom International Airport, making commuting and travel
remarkably convenient. With its exceptional floorplan, upscale
finishes, cozy fireplace, outstanding schools, and desirable gated
neighborhood, this move-in-ready Arrowhead Ranch home is a rare
opportunity to enjoy the very best of Dripping Springs living.
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017