ActiveResidential · sale

509 Roy Creek

Dripping Springs, TX 78620

$825,000

  • 4 beds
  • 3 baths
  • 3,361 sq ft
  • 2.1 acres
  • Built 1986

Listed by Mercer Street Group, LLC · MLS #ACT3777858

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Step inside to an inviting living room defined by towering vaulted ceilings and recent interior paint that amplifies the abundant natural light.

Year built

Built in 1986.

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.

Seller to install new composition shingle roof with full price offer! Imagine coming home to 509 Roy Creek Lane in Sunset Canyon, where over two acres of private Texas Hill Country beauty wrap around a classic, easy-living one-story ranch home. With completely stair-free living from end to end, every day flows effortlessly. Step inside to an inviting living room defined by towering vaulted ceilings and recent interior paint that amplifies the abundant natural light. Culinary enthusiasts will fall in love with the newly remodeled kitchen, thoughtfully designed with extra-deep counter space and custom cabinetry, an induction stove, multiple sinks, and exceptional storage to keep every gadget organized. Enjoy slow morning coffees in the sunny breakfast area, or utilize the adjoining flex space as a formal dining room, cozy den, or lively game room—whatever fits your lifestyle.

When it is time to work or create, a dedicated separate office offers the ultimate quiet retreat, while an oversized laundry room provides generous room for crafting, sewing, or hobbies. Comfort extends to all four bedrooms and three full baths, highlighted by an expansive, versatile fourth bedroom. Complete with a private entrance and a full bath nearby, this massive space serves as an exceptional in-law suite, guest wing, or secondary primary retreat.

Step outside to your personal crown jewel: a newly refinished swimming pool backed by recent pool equipment, positioned to overlook a peaceful wet-weather creek. Whether you are swimming under the afternoon sun or unwinding beneath the famously dark, star-filled Hill Country skies, wildlife frequently wanders through to share the tranquility. A spacious three-car garage easily holds vehicles, tools, and outdoor gear. Located just minutes from the conveniences of Belterra Shopping and the charm of downtown Dripping Springs, this single-story sanctuary offers the rare mix of secluded acreage and modern ease.

THE NEIGHBORHOOD

Explore the location.

509 Roy Creek, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1986
Full baths
3
Half baths
0
Garage spaces
3
Cooling
Central Air
Heating
Central, Electric
Appliances
Ice Maker, Free-Standing Electric Range, Refrigerator
Flooring
Carpet, Tile, Vinyl
Fencing
Split Rail
Accessibility
None
Pool features
In Ground
Subdivision
Sunset Canyon Sec V
Parcel
1185300000994004
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
Sycamore Springs
Middle school
Sycamore Springs
High school
Dripping Springs
Annual property tax
$12,120.10
HOA fee
$35.00

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$1,481.03
Estimated monthly rent$3,437.50
Cap rate2.40%

Annual operating income: $19,834.86

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 & 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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509 Roy Creek, Dripping Springs, TX 78620 · MLS #ACT3777858

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Listing information

MLS #ACT3777858 · Austin Board of Realtors

Listing brokerage: Mercer Street Group, LLC
Listing agent: Amy Runyan

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