ActiveResidential · sale

416 Shadywood

Dripping Springs, TX 78620

$1,195,000

  • 4 beds
  • 3 baths
  • 3,734 sq ft
  • 1.86 acres
  • Built 2003

Listed by Coffman Real Estate · MLS #ACT8326916

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The spacious open floor plan features soaring ceilings, expansive windows, abundant natural light, and thoughtful architectural details.

Details worth a look

Sliding doors open to the covered back patio for easy indoor-outdoor living.

Year built

Built in 2003.

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

THE PROPERTY

Get to know the property.

Exceptional craftsmanship and distinctive Hill Country character define this one-of-a-kind custom estate in sought-after Hidden Springs Ranch. Built by local homebuilder Randy Lawrence, this Texas Native Sandstone home sits on an oversized 1.86-acre lot with city water and a convenient location just minutes from downtown Dripping Springs. Walnut Springs Elementary, Dripping Springs Middle School, and Dripping Springs High School are within walking or bicycling distance. The spacious open floor plan features soaring ceilings, expansive windows, abundant natural light, and thoughtful architectural details. A corner stone fireplace anchors the main living area, flowing into the gourmet kitchen and extended breakfast area, approximately 180 square feet; see MLS documents. The remodeled kitchen features Quartzite countertops, a generous stone workspace, farmhouse-inspired details, and wood ceilings extending through the breakfast area. Sliding doors open to the covered back patio for easy indoor-outdoor living. A reclaimed wood accent wall and wood patio ceilings add warmth while complementing the home’s timeless Hill Country architecture. The kitchen and all bathrooms have been remodeled in recent years with updated finishes that preserve the home’s custom character. All 4 bedrooms and 3 bathrooms are on the main level. Upstairs, a game room, exercise room, second study or office, and additional storage offer flexible space for work, hobbies, recreation, or guests. Faux brick tile and Trex decking complement the exterior design. The covered patio overlooks a fully fenced, park-like backyard with mature trees, privacy hedges, and an 8-foot-deep swimming pool with a sunning shelf. The patio and outdoor BBQ area are ideal for entertaining or relaxing in privacy. Located within Dripping Springs ISD, this distinctive property combines an estate-sized lot, thoughtful updates, flexible living spaces, enduring craftsmanship, and beautifully appointed Hill Country style.

THE NEIGHBORHOOD

Explore the location.

416 Shadywood, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2003
Full baths
3
Half baths
0
Garage spaces
3
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Electric Oven, Water Heater
Flooring
Carpet, Tile
Fencing
Wire
Accessibility
None
Pool features
Diving Board, Heated, In Ground, Outdoor Pool
Subdivision
Hidden Spgs Ranch
Parcel
113826000A006004
HOA
Hidden Springs Ranch HOA
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
Walnut Springs
Middle school
Dripping Springs Middle
High school
Dripping Springs
Annual property tax
$16,429.80
HOA fee
$1,025.00

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$2,149.31
Estimated monthly rent$4,979.17
Cap rate2.41%

Annual operating income: $28,779.19

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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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416 Shadywood, Dripping Springs, TX 78620 · MLS #ACT8326916

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Listing information

MLS #ACT8326916 · Austin Board of Realtors

Listing brokerage: Coffman Real Estate
Listing agent: Jeff Coffman

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