$889,990
●
House -
In Contract
1603 Headwaters BLVD
Dripping Springs, TX 78620
4 Beds
3 Baths
2,916 Ft²
$4,821
Est. Monthly
$450
HOA / Fees
3.95%
Cap Rate
About This Property
Coventry Model Home! The Schertz floor plan offers an impressive
layout designed to accommodate both comfort and functionality. This
two-story home features four spacious bedrooms and three
well-appointed bathrooms, making it ideal for families or those who
enjoy hosting guests. The main living areas are thoughtfully
designed to promote seamless movement between spaces, with an
open-concept kitchen, dining, and living area creating a welcoming
hub for daily activities and entertaining.
Upstairs, the additional bedrooms provide privacy and versatility, whether used as guest rooms, a home office, or recreational spaces. A three-car garage ensures ample room for vehicles and additional storage, while the home's overall layout emphasizes both style and practicality. The Schertz floor plan is a perfect choice for those seeking a versatile and accommodating home. This home is for LEASEBACK 12-18 months.
** Ask us about our low interest rates & special financing! Visit Onsite for details – subject to change without notice. **
Upstairs, the additional bedrooms provide privacy and versatility, whether used as guest rooms, a home office, or recreational spaces. A three-car garage ensures ample room for vehicles and additional storage, while the home's overall layout emphasizes both style and practicality. The Schertz floor plan is a perfect choice for those seeking a versatile and accommodating home. This home is for LEASEBACK 12-18 months.
** Ask us about our low interest rates & special financing! Visit Onsite for details – subject to change without notice. **
Unit Size
2,916 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$305
Property Type
House
Property Taxes
-
HOA Dues
$450
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (Unlock MLS #ACT9826393)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Price Increased |
$889,990
↑ $16K
(1.8%) | |
| Price Increased | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Price Decreased |
$874,000
↓ $25K
(2.8%) | |
| Price Decreased | |||
| Sep 20, 2025 | Price Decreased |
$899,000
↓ $122K
(12%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Attached, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 3
Interior Details
Full Bathrooms: 3
Interior Features: Built-in Features, Ceiling Fan(s), High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Smart Home, Smart Thermostat, Solar Tube(s), Ceiling-High, Primary Bedroom on Main, Multiple Living Areas, Quartz Counters, Study/Home Office
Appliances: Built-In Gas Range, Dishwasher, ENERGY STAR Qualified Appliances, Plumbed For Ice Maker, Free-Standing Gas Range, Vented Exhaust Fan, Tankless Water Heater, Built-In Oven(s)
Flooring Type: Carpet, Tile, Vinyl
Exterior Details
Square Footage: 2916
Square Footage Source: $0
Green Sustainability
Security Features: Carbon Monoxide Detector(s), Fire Alarm, Prewired
Property Condition: New Construction
Year Built Source: Builder
Year Built: 2024
Waterfront Features: None
Builder Name: Coventry Homes
Levels: Two
Other Structures: None
Window Features: ENERGY STAR Qualified Windows, Low-Emissivity Windows, Vinyl Windows
Construction Materials: Cedar, Concrete, Frame, Glass, HardiPlank Type, Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Radiant Barrier, Board & Batten Siding, Stone
Patio and Porch Features: Covered, Front Porch, Rear Porch
Pool Features: None
Lot Features: Greenbelt, Landscaped, Native Plants, Sprinklers In Rear, Sprinklers In Front, Sprinkler - Automatic, Sprinkler - Rain Sensor, Sprinklers On Side, Trees-Small (Under 20 Ft)
Lot Size Area: 12632.4
Lot Size Units: Square Feet
Lot Size Acres: 0.29
Lot Size Square Feet: 12632.4
Water Source: MUD
Financial Details
Tax Map Number: 1
Tax Assessed Value: $1,016,743
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Zoned
Heating Type: ENERGY STAR Qualified Equipment, Zoned
Sewer : MUD
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Internet
HOA/Condo/Coop Amenities: Dog Park, Picnic Area, Trail(s)
HOA Fee: $450
HOA Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hays
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Listed by: Daniel Wilson
Listed Office: New Home Now - Listing courtesy of Unlock MLS
Phone: (512) 960-4705
Last Updated: 2026-07-02 04:17:53
Data Source: Unlock MLS, MLS# ACT9826393
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: New Home Now - Listing courtesy of Unlock MLS
Phone: (512) 960-4705
Last Updated: 2026-07-02 04:17:53
Data Source: Unlock MLS, MLS# ACT9826393
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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