571 Sue Peaks

Dripping Springs, TX 78620

$609,990

5 beds
4 baths
3,369 sq ft
0.26 acres
Built 2023

Listed by Compass RE Texas, LLC · MLS #ACT2549299

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2023.

Garage parking

3 garage spaces listed.

Property size

0.26 acres listed.

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

THE PROPERTY

Get to know the property.

Stunning two-story home that feels as good as new! Stylish finishes include high-end luxury vinyl plank flooring throughout
the living, kitchen, dining, and bathroom areas. The impressive kitchen features an upgraded appliance package, gas
cooktop, hood vent, contemporary light wood cabinetry, a large center island, and an expansive pantry. The spacious
primary bedroom is privately situated on the first floor, with a well-appointed ensuite bathroom offering a separate tub and
shower, quartz countertops, and a large walk-in closet. Upstairs, you'll find a massive Texas basement, perfect for an
informal living space, media room, or play area. Enjoy a huge backyard complete with a stone retaining wall and wrought
iron fencing, backing to a greenbelt buffer for added privacy. The rare three-car garage and oversized driveway provide
ample parking and storage options. Built by Meritage Homes, this property includes spray foam insulation for superior
energy efficiency. Located in the highly sought-after Dripping Springs ISD with a very low tax rate and close proximity to
downtown Dripping Springs shopping, dining, and entertainment. For more info, go to: https://wkf.ms/3Y6zOHT

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THE NEIGHBORHOOD

Explore the location.

571 Sue Peaks, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2023
Full baths: 4
Half baths: 0
Garage spaces: 3
Cooling: Central Air, ENERGY STAR Qualified Equipment
Heating: ENERGY STAR Qualified Equipment, Heat Pump
Appliances: Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, RNGHD
Flooring: Carpet, Tile
Fencing: Privacy, Wood, Wrought Iron
Accessibility: None
Pool features: None
Subdivision: Big Sky Ranch Ph 3 At Dripping Spgs
Parcel: 1103960041005004
HOA: Big Sky HOA
HOA amenities: Common Area Maintenance, Maintenance Grounds
HOA fee frequency: Monthly
Elementary school: Dripping Springs
Middle school: Dripping Springs Middle
High school: Dripping Springs
Annual property tax: $9,749.87
HOA fee: $45.00

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$984.73

Estimated monthly rent$2,541.63

Cap rate2.19%

Annual operating income: $13,341.77

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Purchase price

Rental income & operating costs

Estimated monthly rent

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

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

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.

Monthly HOA

Other monthly costs

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

Down payment (%) Interest rate (%) Loan term

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

Estimated monthly principal & interest—Loan 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

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

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Make a strong first impression.
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Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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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.

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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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571 Sue Peaks, Dripping Springs, TX 78620 · MLS #ACT2549299

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Listing information

MLS #ACT2549299 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Ross Speed

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.