220 Meadow Oaks DR, Dripping Springs, TX 78620

$849,000 Asking Price

5 beds
4 baths
2,835  sqft
Built in 1995

Discover the perfect blend of hill country living and investment potential at this exceptional property in the heart of Dripping Springs. This property consists of a four bedroom three bath main house as well as a large detached structure housing a complete guest apartment and an epic game room. Currently being used as an income producing short term rental property, this place is being offered fully-furnished for a plug and play profitable airbnb investment. However, it would also work wonderfully for any one looking for a property that can accommodate multi-generational living, a home-based business, hobby enthusiasts, or those seeking a primary residence with a detached rental income generating space. The main house features 4 bedrooms and 3 full bathrooms, a dedicated dining room, a sunroom, and an attached two car garage. For added flexibility, the detached 28' x 42' secondary building offers endless possibilities. The expansive game room is perfect for entertainment, or this space could be used for hobbyists or those looking for extra storage for large toys such as cars, boats or RVs. Attached to the current game room is a 1 bedroom, 1 bathroom guest suite—complete with its own kitchen and laundry connections and a separate driveway— this area provides a private space for extended family, visitors or one could use it as an income generating rental. Outside, the large, level backyard is designed for relaxation and outdoor enjoyment. Take a dip in the plunge pool, gather around the fire pit, or enjoy an alfresco meal on the deck. There’s plenty of space for whatever your heart desires. This versatile property is located in the heart of the hill country in Dripping Springs. It is minutes away from cafes and restaurants in downtown dripping and also situated within easy access to popular breweries, distilleries, and wedding venues.

Features & Amenities

Interior

General:
Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Primary Bedroom on Main, Walk-In Closet(s)
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
Laundry:
Laundry Room,Multiple Locations
Flooring:
Carpet, Tile
A/C:
Central Air, Wall/Window Unit(s)
Heating:
Central
Fireplace:
Living Room, Fireplaces: 1
Eco/Green Feature:
None, None

Exterior

General:
Gray Water System, Private Yard, See Remarks, Guest House, Outbuilding, Shed(s)
Other Structures:
Enclosed, Patio, Covered
Pool:
In Ground, See Remarks
Parking:
Garage, Garage Door Opener, Off Street, Oversized, RV Access/Parking, Parking spaces: 6

Construction

Roofing:
Composition
Windows:
Blinds
General:
One, Slab

Location

Originating MLS:
actris
School District:
Dripping Springs ISD
County:
Hays

Lot

Zoning:
MEADOW OAKS PHASE I LOT 88 0.50 AC, 1153350000088004
View:
None
Fencing:
Masonry

Utilities

Utilities:
Electricity Connected, High Speed Internet
Water:
Public
Sewer:
Septic Tank

Financial

Source:
actris

This listing courtesy of:
E-Rae Realty, Erika Albert

About Dripping Springs, TX

Housing

Number of Units
8,813
Median Home Value
$422,813
Median Rent
$1,190

14.03% of housing units are renter occupied.

7.14% are vacant.

Commute

Car
40.06%
Public Transportation
0.11%
Walk to Work
0.66%
Work from Home
58.59%
Other
0.59%

The median travel time to work is 15 minutes.

People

Population
22,952
Median Age
42.20
Median Household Size
2.94

Education

High School
16.79%
Associate’s Degree
5.60%
Bachelor’s Degree
34.53%
Graduate Degree
16.67%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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