Selected for the Terner Labs Housing Venture Lab

2422 Stagecoach Ranch Rd, Dripping Springs, TX 78620

Active
Listed 27 days ago
Owner-Occupant Eligible
$1,300,000

About $7,662 a month to live here, after the rent from the other home.

House + ADU2,589 sqft4 beds4 bathsListed Oct 16, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$7,662a month

The second home on the lot rents for $1,159. We hold back $191 of that for repairs and an empty month, and the rest goes toward a $8,630 monthly payment.

Income to qualify: about $230,000 a year

With how much down?

At 20% down ($260,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $170,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$39,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Welcome to 2422 Stagecoach Ranch Road, a Hill Country farmhouse and guest house tucked into 10 wooded acres in Dripping Springs. It’s secluded and far from the city’s bustle, yet just 5 minutes from Hamilton Pool Preserve. Built in 1996 by the original owners and lovingly cared for ever since, the 2,589-square-foot main house offers three bedrooms and a dedicated office, three full baths and a half bath downstairs. Built to celebrate the outdoors, it has front and back porches and a screened-in upstairs balcony, all with ceiling fans. Inside are charming custom touches: wide-plank hardwood floors, handmade tiles, crown molding and stained-glass transoms, plus formal living and dining rooms. The kitchen pairs white Shaker floor-to-ceiling cabinetry with butcher-block and quartz countertops, stainless KitchenAid appliances and a gas cooktop. The recently renovated primary suite has hillside views and a bath with a freestanding soaking tub, a quartz double vanity and a leaded-glass window. Down the hall, a second large bedroom with its own en suite bath doubles as a hobby room or playroom. The standout feature is the 818-square-foot guest house, built in 2016 and not included in the main home’s square footage. It functions as a one-bedroom house, with a vaulted living room, a full kitchen with an island gas cooktop, a laundry room and its own covered front porch. And it’s purrrrfect for cats, with a custom screened-in catio and built-in climbing shelves. With two full kitchens, two separate living quarters and very few use restrictions, the property suits multi-generational living, short- or long-term rentals, a home business or a work-from-home escape. It’s been pre-inspected and has a metal roof and whole-house attic fan. The grounds include a garden, an intermittent creek, native landscaping, a 400-gallon rain tank, a copper rain chain, a two-car garage and ample parking. An adjacent 5-acre property is available for purchase separately.

House + ADU

Property Type

435,600 sqft

Lot Size

1996

Year Built

Listing Date: 10/16/2026

Listed by: Lilly Rockwell

Listing office: Compass RE Texas, LLC

Contact: (512) 413-1975

Source: Unlock MLS #ACT3996496

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$1,300,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,300,000
Your Down Payment$260,000
Financed$1,040,000
Estimated Monthly Payment$8,630

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($260,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$8,630/month
Principal + Interest
$6,235
Property Taxes
$2,000
Home Insurance
$389
HOA$6
Rental Income (1 Unit)
$1,159/month

From the listing description.

Rental Expenses
-$191
Cost to live here
$7,662/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

Unlock MLS logo

MLS# ACT3996496 · Listing office: Compass RE Texas, LLC

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.