1108 Bell Springs RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | River Oaks Ranch | Built by Palm Harbor

Ed's Opinion of Value

$439,974 Ed's Estimate: $521,747 $1,150,000
Lowest Comp Recommended List: $659,000 to $674,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $521,747. For a well positioned listing in RIVER OAKS RANCH, I'd target the $659,000 to $674,000 range. With 3 comparable homes on the market in RIVER OAKS RANCH, this price positions the property as the most affordable of 3 comparable homes on the market. The 1996 construction puts this home 7 years older than the comp average, a factor in the pricing. At 2.50 acres, the lot is larger than the 1.82 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in RIVER OAKS RANCH, listed between $719,000 and $1,150,000. Recent trends in 78620 show home values have fallen 5.4% since 6 months ago. The most comparable recent sale is 2030 Spring Valley DR, Dripping Springs TX 78620, with an adjusted value of $490,834; a strong comparable. The 7 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
3 Beds
2 Baths 2 Full
1,624 Sq Ft
2.5 Acres
1996 Built

About This Property

If you're looking for a home in the Hill Country we've got one sitting on 2.5 acres just waiting for the right person. This one is vacant and ready for you!FEMA - Unknown

Features

  • Primary Bedroom on Main

Location

Schools

Property Details

Property Type Residential Lease
Flooring Carpet, Vinyl
Cooling Central Air
Heating Central
Exterior None
County Hays
MLS # 6512510

Listing History

MLS# 6512510 4 days
Sep 10, 2021 Off Market
Sep 3, 2021 Listed $1,950

Frequently Asked Questions About 1108 Bell Springs RD, Dripping Springs TX 78620

When was 1108 Bell Springs RD, Dripping Springs TX 78620 built?

1108 Bell Springs RD, Dripping Springs TX 78620 was built in 1996.

How much does 1108 Bell Springs RD, Dripping Springs TX 78620 cost?

1108 Bell Springs RD, Dripping Springs TX 78620 sold on September 10, 2021. Contact us for sale price details.

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