1174 Grant Wood

Dripping Springs, TX 78619

$473,900

3 beds
2 baths
1,722 sq ft
0.1 acres
Built 2019

Listed by Compass RE Texas, LLC · MLS #ACT4900200

1174 Grant Wood, Dripping Springs, TX 78619 — photo 1

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2019.

Garage parking

2 garage spaces listed.

Property size

0.1 acres listed.

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

THE PROPERTY

Get to know the property.

I’d tighten it a bit and make the financing flexibility more prominent without overexplaining it:

**OWNER FINANCING AND/OR LEASE TO PURCHASE OPTIONS AVAILABLE!** Nestled in The Gardens at Howard Ranch, this move in ready home combines modern convenience with low maintenance Hill Country living. A newly finished enclosed sunroom creates a bright and inviting extension of the living space, featuring four windows, an 8 foot glass door with Smart Lock, and a ceiling fan with remote control, offering the perfect spot to relax and enjoy the backyard.

Designed with an energy efficient floor plan and soaring 10 foot ceilings, the home feels open, airy, and filled with natural light. The open concept layout seamlessly connects the living, dining, and kitchen areas, creating a functional space for everyday living and entertaining.

Smart home features include a SimpliSafe security system, Smart Garage Door, Smart Thermostat, Smart Lock, and additional connected conveniences. Outside, the xeriscaped backyard provides an attractive, low maintenance outdoor space with reduced water needs and easy upkeep, ideal for a lock and leave lifestyle.

Located in desirable Howard Ranch, residents enjoy a peaceful Hill Country setting just minutes from Dripping Springs wineries, restaurants, shopping, and highly acclaimed Dripping Springs ISD. With owner financing and lease to purchase options available for qualified buyers, this property offers a unique opportunity to enjoy the Dripping Springs lifestyle with added purchasing flexibility.

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THE NEIGHBORHOOD

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1174 Grant Wood, Dripping Springs, TX 78619

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2019
Full baths: 2
Half baths: 0
Garage spaces: 2
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Oven, RNGHD, Stainless Steel Appliance(s)
Flooring: Carpet, Wood
Fencing: None
Accessibility: None
Pool features: None
Subdivision: Gardens Of Howard Ranch
Parcel: 1535000000001184
HOA: Gardens of Howard Ranch
HOA amenities: See Remarks, Landscaping
HOA fee frequency: Monthly
Elementary school: Cypress Springs
Middle school: Dripping Springs Middle
High school: Dripping Springs
Annual property tax: $7,494.82
HOA fee: $200.00

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$599.59

Estimated monthly rent$1,974.58

Cap rate1.77%

Annual operating income: $8,379.83

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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.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry — A more complete plan for your property

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1174 Grant Wood, Dripping Springs, TX 78619 · MLS #ACT4900200

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Listing information

MLS #ACT4900200 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Jenny Cureton

Listing status: Active. Record updated August 21, 2026. Confirm current availability and price with the listing agent.