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Property profile & analytics
OFF-MARKET
Land

1216 Overland Stage Rd Dripping Springs, TX 78620

10.54 ac lot
Property ID
US83-1724011
Property summary
AI-generated overview

This exceptional 10.5-acre property in Dripping Springs, Texas, presents a unique opportunity to build a dream home or family compound. Located off Hamilton Pool Road, west of Austin, this land boasts breathtaking 50-mile views and over 160 feet of elevation change, showcasing panoramic sunsets over the Pedernales River Valley. The property features intriguing limestone formations near a seasonal creek, adding to its natural beauty. Its versatility allows for division into two separate parcels, ideal for a main residence and guesthouse, offering privacy for multi-generational living or accommodating guests. The property borders the proposed Mirasol Springs development, suggesting future amenities and potential area growth. Conveniently located near shopping in Bee Cave and Dripping Springs, it offers easy access to everyday needs and leisure activities. The area provides a high quality of life, with rolling hills, picturesque landscapes, and abundant wildlife. The Dripping Springs Independent School District ensures access to excellent schools. An adjoining 12.2-acre tract is also available for purchase, allowing for expansion to create an even larger estate. The asking price for this remarkable property is $995,000. The property is located at 1216 Overland Stage Rd, Dripping Springs, TX 78620.

Property profile
Verified
Property type Land
Lot 10.54 ac (459,122 SF)
UPID US83-1724011
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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