Excellent investment opportunity with this fully leased duplex located in the heart of Dripping Springs, just minutes from Austin. Offered at a 6.25% cap rate, this property features long-term tenants on annual leases, with all utilities and expenses paid by tenants, ensuring low overhead and hassle-free ownership. Included in the sale are plans and documents for two additional duplexes, providing future development potential and added value. Don’t miss this rare chance to invest in a growing market with strong rental demand and immediate cash flow.
Active
$499,000
102 Rose Dr, Dripping Springs, TX 78620
2beds
2baths
608sqft
Est.:
Duplex
Built in 1993
-- sqft lot
$-- Zestimate®
$821/sqft
$-- HOA
What's special
- 8 days
- on Zillow |
- 111 |
- 4 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 19, 2025 at 02:04am
Listed by:
Scott Daves (512) 894-3488,
Stanberry REALTORS (512) 894-3488
Source: Unlock MLS,MLS#: 8716673

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Rooms
- Room types: Master Bedroom
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Refrigerator
Features
- Ceiling Fan(s), No Interior Steps, Primary Bedroom on Main, Stackable W/D Connections
- Flooring: Concrete
- Windows: None
Interior area
- Total interior livable area: 608 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport, Driveway
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: No Exterior Steps
- Pool features: None
- Fencing: Partial
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 0.75 Acres
- Features: Interior Lot, Level, Public Maintained Road
Details
- Additional structures: None
- Parcel number: 1002220138000004
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Above Ground, Electricity Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: na
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $821/sqft
- Tax assessed value: $297,176
- Annual tax amount: $5,181
- Date on market: 4/18/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
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