11211 Bonham Ranch RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Terry

Ed's Opinion of Value

$220,675 Ed's Estimate: $921,793 $1,595,000
Lowest Comp Recommended List: $689,000 to $699,000 Highest Comp
The comparable sales data (7 recent transactions in 78620) supports an estimated value of $921,793. The data suggests a list price between $689,000 and $699,000 would attract qualified buyers without leaving money on the table. This home's position in the current 78620 market: the most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (300 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 10.57 acres versus 2.68 for the typical comp. There are currently 7 similar homes on the market in 78620, ranging from $724,500 to $1,595,000. Prices in 78620 have fallen 6.3% over the last 6 months. A similar home at 13601 Paisano CIR, Austin TX 78737 carries an adjusted comparable value of $983,268, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78620. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
2,860 Sq Ft
10.57 Acres
1991 Built

About This Property

Investor/developer dream! Home is in disrepair and sold as-is, but sits on an amazing 10.57 acres in Dripping Springs with unrestricted views of hill country. Asking price is based on land value. Paved private driveway, beautiful oak trees, and gentle slopes with plenty of flat space for building. Potential is limitless! Located just minutes from popular wineries + breweries, Hamilton Pool, and shops + restaurants in Dripping Springs.

Features

  • High Ceilings

Location

Schools

Property Details

Property Type Residential
Flooring Carpet, Wood
Cooling Central Air
Heating Central
Exterior None
County Hays
MLS # 2607275

Listing History

MLS# 2607275 39 days
Feb 2, 2021 Off Market
Oct 15, 2020 Listed $625,000

Frequently Asked Questions About 11211 Bonham Ranch RD, Dripping Springs TX 78620

When was 11211 Bonham Ranch RD, Dripping Springs TX 78620 built?

11211 Bonham Ranch RD, Dripping Springs TX 78620 was built in 1991.

How much does 11211 Bonham Ranch RD, Dripping Springs TX 78620 cost?

11211 Bonham Ranch RD, Dripping Springs TX 78620 sold on February 2, 2021. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.