Is Dripping Springs, TX a good place to invest in rental property?

Dripping Springs, TX has a median modeled monthly cash flow of $-2,174 and a median cap rate of 2.2%, on a median sold price of $649,900. Prices changed -2.5% year over year.

What is the average cap rate in Dripping Springs, TX?

The median cap rate across recently sold homes in Dripping Springs, TX is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Dripping Springs, TX?

The median sold price in Dripping Springs, TX is $649,900 (about $256 per square foot).

Investing in Dripping Springs, TX Real Estate

A data-driven snapshot of the Dripping Springs, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$649,900Median sold price

$256Median $/sqft

2.2%Median cap rate

$-2,174Modeled cash flow / mo

-2.5%Appreciation YoY

11.9Months of supply

697Active listings

703Sold (last 12 mo)

What the Dripping Springs numbers say

In Dripping Springs, TX, the median home sold for $649,900 (about $256 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-2,174 of monthly cash flow. Sold prices moved -2.5% over the past year. Inventory sits at about 11.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Texas markets to compare

See Dripping Springs cash-flowing listings

CashFlowRE ranks every for-sale home in Dripping Springs, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Dripping Springs deals, or browse the national market data.