ActiveResidential · sale

724 Chama

Dripping Springs, TX 78620

$1,200,000

  • 5 beds
  • 4 baths
  • 4,450 sq ft
  • 2.63 acres
  • Built 2010

Listed by eXp Realty, LLC · MLS #ACT6908372

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Inside, the open-concept living room features vaulted ceilings and a wood-burning fireplace, creating a warm and welcoming centerpiece.

Details worth a look

The upstairs primary offers equally generous proportions and private access to the elevated deck via a separate exterior staircase—ideal for a quiet retreat or guest accommodations.

Year built

Built in 2010.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Hill Country retreat that blends refined interiors with the natural beauty Dripping Springs is known for. Set on a scenic lot surrounded by mature trees and wide skies, this thoughtfully designed home offers spacious living areas, inviting outdoor spaces, and a layout made for both everyday comfort and effortless entertaining. Inside, the open-concept living room features vaulted ceilings and a wood-burning fireplace, creating a warm and welcoming centerpiece. The kitchen is equally inviting, offering sleek countertops, abundant cabinetry, stainless appliances, and double ovens—perfect for gatherings large or small. Expansive windows fill the home with natural light while capturing sweeping views of the Hill Country beyond. The home offers two primary suites, thoughtfully located on separate levels for flexibility and privacy. The downstairs primary features a spa-like bath with a soaking tub, dual vanity, and a vast walk-in shower with dual shower heads, including rain shower. The upstairs primary offers equally generous proportions and private access to the elevated deck via a separate exterior staircase—ideal for a quiet retreat or guest accommodations. Large bonus space that can serve as a game room, playroom, yoga studio, or theatre room. Outdoor living is equally appealing with two distinct spaces: a covered patio on the main level and an upper deck with elevated views. Together, these create options for entertaining, relaxing, or simply enjoying the quiet of the surroundings. A sparkling pool and hot tub completes the setting, offering the perfect place to cool off on warm Texas days or enjoy a starry winter evening. With its versatile layout, flexible living areas, and Hill Country views from every room, 724 Chama Trace delivers a rare opportunity to enjoy both comfort and character in one of Dripping Springs’ popular neighborhoods. *Bonus* 2 horses are allowed!

THE NEIGHBORHOOD

Explore the location.

724 Chama, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2010
Full baths
4
Half baths
0
Garage spaces
3
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Built-In Electric Oven, Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, RNGHD, Refrigerator, Water Heater, Tankless Water Heater
Flooring
Carpet, Tile, Wood
Fencing
Wire
Accessibility
None
Pool features
Heated, In Ground, Outdoor Pool, Pool/Spa Combo
Subdivision
Chama Trace
Parcel
1113880000021004
HOA
Chama Trace HOA
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
WildwoodSprings
Middle school
Dripping Springs Middle
High school
Dripping Springs
Annual property tax
$15,640.60
HOA fee
$300.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$2,291.62
Estimated monthly rent$5,000.00
Cap rate2.54%

Annual operating income: $30,499.40

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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724 Chama, Dripping Springs, TX 78620 · MLS #ACT6908372

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Listing information

MLS #ACT6908372 · Austin Board of Realtors

Listing brokerage: eXp Realty, LLC
Listing agent: Rachael Felan

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.