ActiveResidential · sale

600 Misti

Driftwood, TX 78619

$699,000

  • 4 beds
  • 2 baths
  • 1,310 sq ft
  • 10 acres
  • Built 1990

Listed by Eleven Oaks Realty · MLS #ACT9616710

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

A fully restored vintage Spartan trailer serves as a second living unit with its own plumbing, electric, and septic connection, plus a private covered deck, a stone patio, and an enclosed exterior laundry closet.

Year built

Built in 1990.

Garage parking

2 garage spaces listed.

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

THE PROPERTY

Get to know the property.

10 acres of Hill Country privacy in Driftwood's Rolling Oaks with two established living units, a third hookup ready to go, and four separately metered electrical connections. Whether you're looking for income-producing potential, a multi-generational setup, or a place to live comfortably while you build your dream home on the acreage, this property delivers options that are genuinely rare at this price point in Driftwood.
The main house offers 3 bedrooms, 1 bath, and approximately 950 square feet with a dedicated laundry room. A fully restored vintage Spartan trailer serves as a second living unit with its own plumbing, electric, and septic connection, plus a private covered deck, a stone patio, and an enclosed exterior laundry closet. A third pad is already equipped with electric and water and is ready for an additional trailer or guest unit. Each structure has its own separately billed electrical meter, including one dedicated to the 20x20 shop, garage, and well pump house. All four meters are active and billed independently.
The acreage is fully fenced and set up for horses and farm animals. A shared well serves all structures. No HOA. No deed restrictions. Not in a flood zone. No city taxes. The land offers room to grow, build, or simply enjoy the space and quiet that Driftwood acreage is known for.
Driftwood's short-term rental market has grown 61.7% year-over-year with low regulatory risk. Comparable vintage trailers book at $150–$200/night, and combined three-unit income potential is estimated at $54,000–$70,000 annually.
The flexibility here is the real story. Live in the Spartan while the main house generates rental income. Live in the house while a tenant occupies the Spartan. Add a third unit for additional cash flow. Or use the land as your canvas, live comfortably in one of the existing structures, and build your forever home on the acreage when the time is right. Few properties in the Hill Country offer this many paths forward at this price.

THE NEIGHBORHOOD

Explore the location.

600 Misti, Driftwood, TX 78619

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1990
Full baths
2
Half baths
0
Garage spaces
2
Cooling
Wall/Window Unit(s)
Heating
Heat Pump
Appliances
Disposal, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Electric Water Heater
Flooring
Carpet, Tile
Fencing
Fenced, Gate, Perimeter
Accessibility
None
Pool features
None
Subdivision
Rolling Oaks Sec 3
Parcel
1173350000033008
Elementary school
Jacobs Well
Middle school
Danforth
High school
Wimberley
Annual property tax
$14,440.70

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
Estimated monthly rent$2,912.50
Cap rate

Annual operating income:

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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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600 Misti, Driftwood, TX 78619 · MLS #ACT9616710

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Listing information

MLS #ACT9616710 · Austin Board of Realtors

Listing brokerage: Eleven Oaks Realty
Listing agent: Rebecca Jacks

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