This is a fabulous opportunity for development. Explosive growth in the area is planned. This property has 912’ of Ranch Road 12 frontage and sits in the Dripping Springs ETJ. Proximity to Dripping Springs Elementary School and on-going residential construction ensures high traffic volumes. Dripping Springs Water Supply Corp provides water to the property. Because the property is in the ETJ and not the city of Dripping Springs there is no moratorium on development of this property. The property shares borders with Founders Ridge Subdivision, Anarene Double L Master Planned Community and Dripping Springs Elementary School. For future plans, a sanitation easement runs along the very back of the property. If the Buyer chooses to have the property annexed into the city, a Lift Station for Waste Water is behind the Property. Immediate Opportunity and Location, Location, Location!!!
Property Details
Property Features
Listing Office:
Office Name: MCLANE REALTY, LLC
Office Phone: (830) 708-4787
Listing Agent: John Mccarthy
Exterior Features
Exterior Information:
Waterfront: None
View: Hills
Lot Features
Lot Information:
Lot: Few Trees
Lot Size: 12.11 Acres
Other
Directions Information:
Directions: This is a fabulous opportunity for development. Explosive growth in the area is planned. This property has 912’ of Ranch Road 12 frontage and sits in the Dripping Springs ETJ. Proximity to Dripping Springs Elementary School and on-going residential construction ensures high traffic volumes. Dripping Springs Water Supply Corp provides water to the property. Because the property is in the ETJ and not the city of Dripping Springs there is no moratorium on development of this property. The property shares borders with Founders Ridge Subdivision, Anarene Double L Master Planned Community and Dripping Springs Elementary School. For future plans, a sanitation easement runs along the very back of the property. If the Buyer chooses to have the property annexed into the city, a Lift Station for Waste Water is behind the Property. Immediate Opportunity and Location, Location, Location!!!
Price Information
Listing Price Info
Price Summary:
List Price: $4,000,000
Tax Information:
Annual Amount: $2,818
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Dripping Springs, TX.
This property is $3.2M more than the Median Sold Price in Dripping Springs, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ACTRIS
MLS Number: #6410927
Listing Office:
Office Name: MCLANE REALTY, LLC
Office Phone: (830) 708-4787
Listing Agent: John Mccarthy
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,818
$334,283
2020
$6,246
$303,110
2019
$6,580
$280,980
2018
$6,580
$292,180
2017
$5,561
$270,118
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20K
Per Month
Principal & Interest
$19.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Dripping Springs Elementary School
29400 Ranch Road 12
Distance between this listing and this school2.33 miles
Public District Grades PK-5
7
/10
Walnut Springs Elementary School
300 Sportsplex Dr
Distance between this listing and this school3.99 miles
Public District Grades PK-5
8
/10
Sycamore Springs Elementary School
14451 Sawyer Ranch Rd
Distance between this listing and this school5.84 miles
Public District Grades PK-5
Nearby Schools
7
/10
Dripping Springs Middle School
111 Tiger Ln
Distance between this listing and this school4.35 miles
Public District Grades 6-8
9
/10
Sycamore Springs Middle School
14451 Sawyer Ranch Rd
Distance between this listing and this school5.84 miles
Public District Grades 6-8
8
/10
Bee Cave Middle School
5400 Vail Dv
Distance between this listing and this school6.02 miles
Public District Grades 6-8
Nearby Schools
6
/10
Dripping Springs High School
940 W Highway 290
Distance between this listing and this school4.05 miles
Public District Grades 9-12
2
/10
Pathfinder Camp
20800 FM 150 W
Distance between this listing and this school6.48 miles
Public Charter Grades 5-10
6
/10
Lake Travis High School
3324 Ranch Road 620 S
Distance between this listing and this school8.05 miles
The neighbors living near this home have an average income of $110,735. The most common annual income of people living in Dripping Springs, TX is between $100k-200k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 29300 Ranch Road 12
What is the listing price of this property?
The listing price of 29300 Ranch Road 12 property is $4,000,000.
What type of property is this?
The property 29300 Ranch Road 12 is land located in Dripping Springs, Texas, 78620.
Is this property for sale now?
Active Listing: 29300 Ranch Road 12 is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,818 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 29300 Ranch Road 12 in Dripping Springs, TX and zip code 78620. This home sits on a 12.11 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $4,000,000.
In October 2024, from all listings sold in Dripping Springs, TX there were more than 1 sold above asking price, over 24 sold below and more than 3 were sold right at the asked price. Between September 2024 and October 2024, Dripping Springs, TX real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $714,132, while the average time on the real estate market was 111 days.
From Rocket Homes Real Estate and based on county public records data.