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

Dripping Springs, TX has a median modeled monthly cash flow of $-1,901 and a median cap rate of 2.5%, on a median sold price of $599,000. Prices changed -3.8% 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 2.5%, 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 $599,000 (about $250 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.

$599,000Median sold price

$250Median $/sqft

2.5%Median cap rate

$-1,901Modeled cash flow / mo

-3.8%Appreciation YoY

16.9Months of supply

929Active listings

658Sold (last 12 mo)

What the Dripping Springs numbers say

In Dripping Springs, TX, the median home sold for $599,000 (about $250 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,901 of monthly cash flow. Sold prices moved -3.8% over the past year. Inventory sits at about 16.9 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.