102 Rose Dr
Dripping Springs, TX 78620
- – beds
- – baths
- 608 sqft
- ~3/4 acre lot
- $820 per sqft
- 1993 build
- – on site
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.
Last checked:
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Last updated Apr 30, 2025
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MLS# 8716673 —
The Building
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Year Built:1993
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New Construction:false
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Roof:Metal
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Foundation:Slab
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Exterior Features:No Exterior Steps
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Accessibility Features:None
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Patio And Porch Features:None
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Window Features:None
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Levels:One
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Direction Faces:North
Interior
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Interior Features:Ceiling Fan(s)
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Room Type:Primary Bedroom
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Flooring:Concrete
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Laundry Location:Laundry Room
Room Dimensions
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Living Area:608
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Living Area Source:Public Records
Financial & Terms
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Restrictions:None
Location
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Latitude:30.1991
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Longitude:-98.111149
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Directions:From Highway 290 W you'll turn left onto Purcell and then take a left onto Rose Drive and the duplex is the first house on your right.
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Parcel Number:1002220138000004
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Property Condition:Resale
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Other Structures:None
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Lot Features:Interior Lot
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Lot Size Acres:0.748
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Lot Size Area:0 Sqft
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Lot Size SqFt:32,582 Sqft
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SqFt Total:1,216 Sqft
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View:Neighborhood
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Fencing:Partial
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (512) 415-2265
- Office phone:
- (512) 894-3488
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
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Occupant Type:Tenant
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Above Ground
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Sewer:Septic Tank
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Water Source:Public
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Electric On Property:true
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Walnut Springs
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Elementary School District:Dripping Springs ISD
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Middle School:Dripping Springs Middle
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Middle School District:Dripping Springs ISD
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High School:Dripping Springs
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High School District:Dripping Springs ISD
The Community
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Subdivision Name:Na
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Community Features:None
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Pool Features:None
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Pets Allowed:No
Parking
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Parking Features:Attached Carport
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Garage:false
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Attached Garage:true
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Garage Spaces:1
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Covered Spaces:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
