10712 W Cave LOOP, Dripping Springs TX 78620

The market data from 4 similar recent sales in 78620 points to a value of approximately $769,371. To sell within a reasonable timeframe at fair market value, the $942,000 to $974,000 range is where I'd position this. Against 5 similar active listings in 78620, this price point lands at the 2nd least expensive of 5 comparable homes on the market. At 1.53 acres, the lot is smaller than the 1.67 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in 78620, ranging from $640,000 to $1,450,000. In 78620, home values have fallen approximately 6.7% over the past 6 months. One of the strongest data points is 310 Saddle Blanket DR, Dripping Springs TX 78620, adjusting to $706,550; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group