ActiveResidential · sale

17509 Village

Dripping Springs, TX 78620

$389,000

  • 3 beds
  • 2 baths
  • 1,393 sq ft
  • 0.3 acres
  • Built 2004

Listed by Christies Intl Real Estate Lone Star · MLS #ACT5585924

17509 Village, Dripping Springs, TX 78620 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The family room features high ceilings and a stone fireplace, while the kitchen opens to the main living space and includes a breakfast bar.

Year built

Built in 2004.

Garage parking

2 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 17509 Village Drive, a charming 3-bedroom, 2-bath Hill Country home in the Twin Lake Hills community of Dripping Springs. Priced at $389,000, this property offers an inviting opportunity to enjoy a peaceful setting, a spacious lot of more than a quarter acre, and convenient access to Bee Cave, Lakeway, and the Hill Country Galleria.

Inside, the open living and dining areas create a comfortable layout for everyday living and entertaining. The family room features high ceilings and a stone fireplace, while the kitchen opens to the main living space and includes a breakfast bar. The primary bedroom is located on the main level with a private bath and walk-in shower. Two additional bedrooms upstairs provide flexible space for guests, an office, or hobbies.

Outdoor living is a standout feature, with two generous covered porches overlooking the natural Hill Country surroundings. The detached, deep 2-car garage offers room for vehicles, storage, or a workshop, and the extended driveway provides additional parking. The home also includes a roof replaced in 2023, central HVAC, public water, and a septic system.

Twin Lake Hills offers access to neighborhood lakes and parks, creating opportunities for fishing, walking, and enjoying the outdoors. With its flexible floor plan, spacious homesite, and convenient location approximately 15 minutes from the Hill Country Galleria, this home offers value and potential in the Lake Travis ISD area. Schedule your private showing and explore the possibilities at 17509 Village Drive.
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THE NEIGHBORHOOD

Explore the location.

17509 Village, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2004
Full baths
2
Half baths
0
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Electric Oven, Free-Standing Electric Oven, Free-Standing Refrigerator
Flooring
Concrete, Tile, Wood
Fencing
See Remarks
Accessibility
None
Pool features
None
Subdivision
Twin Lake Hills
Parcel
01079702070000
HOA
Deer Creek Ranch HOA
HOA amenities
See Remarks
HOA fee frequency
Monthly
Elementary school
Bee Cave
Middle school
Lake Travis
High school
Lake Travis
Annual property tax
$6,121.62
HOA fee
$50.00

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$611.05
Estimated monthly rent$1,620.83
Cap rate2.13%

Annual operating income: $8,305.15

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 & 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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17509 Village, Dripping Springs, TX 78620 · MLS #ACT5585924

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Listing information

MLS #ACT5585924 · Austin Board of Realtors

Listing brokerage: Christies Intl Real Estate Lone Star
Listing agent: Kim Burke

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