ActiveResidential · sale

237 Moonlit Stream

Dripping Springs, TX 78620

$659,000

  • 4 beds
  • 3 baths
  • 2,847 sq ft
  • 0.16 acres
  • Built 2022

Listed by Compass RE Texas, LLC. · MLS #ACT3123018

237 Moonlit Stream, Dripping Springs, TX 78620 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Living spaces

California closet in primary, surround sound in living room and patio, additional pantry, whole-home security system, custom shades/blinds, upgraded flooring downstairs, EV car plug and under cabinet lighting.

Details worth a look

Wooded greenspace is viewed from your oversized covered patio.

Year built

Built in 2022.

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

THE PROPERTY

Get to know the property.

If Privacy is important, this is the home for you! Wooded greenspace is viewed from your oversized covered patio. The Master planned Headwaters at Barton Creek offers optimum amenities to appeal to all ages. Interior offers over $40,000 in upgrades. 4 bedroom/3 full bath home is move-in ready. Gently lived-in and well maintained. California closet in primary, surround sound in living room and patio, additional pantry, whole-home security system, custom shades/blinds, upgraded flooring downstairs, EV car plug and under cabinet lighting. Plumbed for a water softener and additional gas line for a generator. Expansive, unobstructed views of the beautiful Texas Hill Country. This 2841 sq ft home boasts an open floor plan for the welcoming living room, gourmet kitchen, and dining room. Designer kitchen with quartz countertops, ample cabinet space and over sized island perfect for entertaining. Primary bedroom will serve as your peaceful getaway with its spa-like ensuite bathroom with dual vanity, walk-in shower, elegant soaking tub. Main level has Primary and 2 add'l bedrooms with a full bath and an office. Upstairs you'll find one additional bedroom, full bath and a huge game room. Nicely native landscaped for great curb appeal & covered front and back porch. Headwaters is a hill country community with miles of hike & bike trails, hundreds of acres of green space, and a magnificent amenity center with a resort-style pool, a state-of-the-art fitness center, outdoor fireplace lounge area, playground, dog area, gas grills, and a Café/Biz center. Award-winning Dripping Springs schools! Nearby you will enjoy all the best hill country wineries, breweries, distilleries, restaurants, and more. Only 25 min west of Austin and just 30 min to the airport. Come and enjoy the beautiful Texas Hill Country!!
Explore the locationMore properties in Dripping Springs

THE NEIGHBORHOOD

Explore the location.

237 Moonlit Stream, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2022
Full baths
3
Half baths
0
Garage spaces
2
Cooling
Central Air
Heating
Central
Appliances
Built-In Oven(s), Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Electric Oven, Stainless Steel Appliance(s), Water Heater
Flooring
Carpet, Tile
Fencing
Back Yard, Fenced, Gate, Wood, Wrought Iron
Accessibility
None
Pool features
None
Subdivision
Headwaters At Barton Creek Ph 4 Sec 4
Parcel
113740000E027004
HOA
Headwaters ResidentialMaster Association, Inc.
HOA amenities
Common Area Maintenance
HOA fee frequency
Quarterly
Elementary school
Dripping Springs
Middle school
Dripping Springs Middle
High school
Dripping Springs
Annual property tax
$14,146.00
HOA fee
$450.00

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$650.61
Estimated monthly rent$2,745.83
Cap rate1.43%

Annual operating income: $9,454.77

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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 & 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

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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237 Moonlit Stream, Dripping Springs, TX 78620 · MLS #ACT3123018

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Listing information

MLS #ACT3123018 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC.
Listing agent: Susan Matson

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