31887 Mirela Ann

Dripping Springs, TX 78620

$640,000

4 beds
3 baths
2,319 sq ft
2.63 acres
Built 2005

Listed by Coldwell Banker Realty · MLS #ACT8136910

31887 Mirela Ann, Dripping Springs, TX 78620 — photo 1

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

Whether you've dreamed of adding a resort-style pool, guest house, workshop, barn, pickleball court, outdoor kitchen, or simply preserving the wide-open landscape, there's plenty of room to expand and create the lifestyle you've always envisioned.

Year built

Built in 2005.

Garage parking

3 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Welcome to your own private slice of the Texas Hill Country! Nestled on beautiful acreage in the heart of Dripping Springs, 31887 Mirela offers the perfect blend of luxury, privacy, and wide-open spaces. This stunning custom 4 bedroom, 3 bathroom home with 3 car garage was thoughtfully designed for those who appreciate quality craftsmanship, peaceful surroundings, and the freedom that comes with country living. Dont miss the air conditioned approximately 627 sq.ft. flex space above the garage, (not included in the main house sq.ft.) - perfect for a seperate game room, office, guest space, art or sound studio.
Tucked away from the hustle and bustle, you'll enjoy an incredible sense of privacy while still being just minutes from everything Dripping Springs has to offer. Towering oak tree groves, expansive vistas, and abundant outdoor space create the ultimate setting for entertaining, relaxing, or simply enjoying the beauty of nature.
The fully fenced and gated acreage provides endless possibilities to make the property your own. Whether you've dreamed of adding a resort-style pool, guest house, workshop, barn, pickleball court, outdoor kitchen, or simply preserving the wide-open landscape, there's plenty of room to expand and create the lifestyle you've always envisioned.
Inside, the custom home showcases exceptional attention to detail, comfortable living spaces, and timeless finishes that make everyday feel special. Whether hosting family gatherings or enjoying a quiet evening under the Texas stars, this property offers the rare combination of elegance, functionality, and unmatched Hill Country charm.

If you're looking for privacy, space, and the freedom to grow,all in one of Central Texas' most desirable locations,31887 Mirela is ready to welcome you home.

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THE NEIGHBORHOOD

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31887 Mirela Ann, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2005
Full baths: 3
Half baths: 0
Garage spaces: 3
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, RNGHD
Flooring: Carpet, Tile
Fencing: Wire, Wood
Accessibility: Grip-Accessible Features
Pool features: None
Subdivision: Werth
Parcel: 1193730000001004
Elementary school: Dripping Springs
Middle school: Dripping Springs Middle
High school: Dripping Springs

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$2,666.67

Cap rate—

Annual operating income: —

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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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31887 Mirela Ann, Dripping Springs, TX 78620 · MLS #ACT8136910

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Listing information

MLS #ACT8136910 · Austin Board of Realtors

Listing brokerage: Coldwell Banker Realty
Listing agent: Warren Kull

Listing status: Active. Record updated July 11, 2026. Confirm current availability and price with the listing agent.