ActiveResidential · sale

1003 Pier Branch

Dripping Springs, TX 78620

$425,000

  • 3 beds
  • 3 baths
  • 2,162 sq ft
  • 1.73 acres
  • Built 1992

Listed by Keller Williams Realty · MLS #ACT3147980

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The family room adds a welcoming gathering space with a fireplace and wet bar, creating an easy spot to relax, host, or enjoy the wooded setting after a day in town.

Details worth a look

The primary suite includes a double vanity, separate garden tub, walk-in shower, and large walk-in closet, creating a private retreat with generous storage.

Year built

Built in 1992.

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

THE PROPERTY

Get to know the property.

Set on a beautiful 1.7-acre wooded lot just off US-290, 1003 Pier Branch Road offers a quiet Hill Country setting with easy access to Dripping Springs dining, shopping, schools, and the Austin corridor. This two-story, 3-bedroom, 2.5-bath home features 2,162 sq ft of comfortable living space, a move-in ready layout, and the opportunity to update finishes over time. Inside, the kitchen brings function and character together with granite countertops, an electric cooktop, built-in oven, and built-in microwave. The family room adds a welcoming gathering space with a fireplace and wet bar, creating an easy spot to relax, host, or enjoy the wooded setting after a day in town. The main living areas feel warm and relaxed, with room for everyday living, guests, hobbies, or working from home, while the two-story layout gives the home a practical separation of spaces. The primary suite includes a double vanity, separate garden tub, walk-in shower, and large walk-in closet, creating a private retreat with generous storage. Outdoors, mature trees, a huge covered porch, and a beautiful koi pond create a peaceful backdrop for morning coffee, evening breezes, and the natural feel of Texas Hill Country living. The acreage offers room to enjoy the outdoors without giving up convenience, with wooded views, open usable areas, and a setting that feels tucked away while still close to town. The property also includes an RV hookup, two-car garage, large carport, and storage shed, adding flexible space for vehicles, equipment, tools, and outdoor gear. Built in 1992, this Dripping Springs home blends acreage, privacy, useful improvements, and a strong location with quick access to US-290, downtown Dripping Springs, local wineries, breweries, parks, and west Austin destinations.

THE NEIGHBORHOOD

Explore the location.

1003 Pier Branch, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1992
Full baths
2
Half baths
1
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Electric
Appliances
Built-In Electric Oven, Built-In Electric Range, Built-In Oven(s), Built-In Range, Cooktop, Dishwasher, Disposal, Electric Cooktop, Self Cleaning Oven, Stainless Steel Appliance(s), Electric Water Heater
Flooring
Carpet, Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Sunset Canyon Sec Ii
Parcel
1185050000475004
HOA
Sunset Canyon HOA
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
Sycamore Springs
Middle school
Sycamore Springs
High school
Dripping Springs
Annual property tax
$10,903.40
HOA fee
$35.00

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$375.75
Estimated monthly rent$1,770.83
Cap rate1.31%

Annual operating income: $5,571.53

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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1003 Pier Branch, Dripping Springs, TX 78620 · MLS #ACT3147980

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Listing information

MLS #ACT3147980 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty
Listing agent: Roman Lopez

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