118 El Capitan LOOP, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Big Sky Ranch | Built by Meritage Homes

Off Market

Exterior view of 118 El Capitan LOOP, Dripping Springs TX 78620

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Ed's Opinion of Value

$455,000 Ed's Estimate: $492,392 $577,990

Lowest Comp Recommended List: $501,000 to $510,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $492,392. For a well positioned listing in BIG SKY RANCH, I'd target the $501,000 to $510,000 range. Among the similar homes currently available in BIG SKY RANCH, this price point stands out as competitive. Being 291 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in BIG SKY RANCH; a balanced market based on recent absorption. Recent trends in BIG SKY RANCH show home values have risen 6.8% since 6 months ago. The most comparable recent sale is 174 El Capitan LOOP, Dripping Springs TX 78620, with an adjusted value of $476,240; a strong comparable. The 5 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

BIG SKY RANCH Market Trends

$485,945 Median Sold Price ▲ 6.8% 6mo

$198/sqft Median $/SqFt ▲ 0.5% 6mo

65 days Avg Days on Market 36 days slower

10 homes Active Inventory 2.1 mo supply

96.5% Sale-to-List Ratio

28 Sales (6 months)

Recently Sold Comparables

$476,240 adjusted 174 El Capitan LOOP, Dripping Springs TX 78620 5bd / 3.0ba • 2,882 sqft • 0.1 mi Sold 14 days ago

$500,976 adjusted 489 El Capitan LOOP, Dripping Springs TX 78620 5bd / 3.0ba • 2,852 sqft • 0.1 mi Sold 7 months ago

$482,066 adjusted 251 Cathedral Mountain DR, Dripping Springs TX 78620 5bd / 4.0ba • 3,269 sqft • 0.3 mi Sold 3 months ago

$509,530 adjusted 169 Cathedral Mountain DR, Dripping Springs TX 78620 5bd / 4.0ba • 3,355 sqft • 0.3 mi Sold 1 months ago

$498,914 adjusted 141 Shumard Peak CV, Dripping Springs TX 78620 5bd / 4.0ba • 3,355 sqft • 0.2 mi Sold 1 months ago

Currently on Market

$463,990 254 Sue Peaks LOOP, Dripping Springs TX 78620 5bd / 3.0ba • 2,852 sqft • 0.3 mi 52 days on market

$455,000 233 El Capitan LOOP, Dripping Springs TX 78620 5bd / 3.0ba • 2,585 sqft • 0.1 mi 42 days on market

$577,990 171 Shumard Peak CV, Dripping Springs TX 78620 5bd / 4.0ba • 3,269 sqft • 0.2 mi 70 days on market

5 Beds

3 Baths 3 Full

2,852 Sq Ft

0.12 Acres

2023 Built

2 Garage

About This Property

Brand new, energy-efficient home ready NOW! The open kitchen and family room provide the perfect gathering space for all occasions. Stone cabinets with white quartz countertops, cool grey EVP flooring with greyish brown carpet in our Distinct package. Starting from the high $300s, The Reserve Collection in Big Sky Ranch is located in the heart of Dripping Springs and offers six single and two-story traditional floorplans ranging from 1,477 to 2,812 sq. ft. Look forward to 48 acres of parkland, a 3.1-acre amenity center with a pool, splash pad and playground, plus trails with connectivity to the adjacent Founders Memorial Park. Kids will love the award-winning Dripping Spring ISD. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Features

Breakfast Bar
Ceiling Fan(s)
Double Vanity
Electric Dryer Hookup
Kitchen Island
Low Flow Plumbing Fixtures
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Thermostat
Soaking Tub
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Dripping Springs ISD

Elementary Dripping Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Residential

Flooring Carpet, Vinyl

Cooling Central Air, Electric, ENERGY STAR Qualified Equipment, Zoned

Heating ENERGY STAR Qualified Equipment, Heat Pump

Exterior Gutters Full, Lighting, Pest Tubes in Walls, Private Yard

County Hays

MLS # 8845016

Garage 2 spaces

HOA & Community

HOA Fee $45 /Monthly

HOA Includes Common Area Maintenance, Maintenance Grounds

Listing History

MLS# 8845016 62 days

Nov 30, 2023	Off Market
Oct 2, 2023	Price Change	$514,990
Aug 29, 2023	Listed	$519,990

Frequently Asked Questions About 118 El Capitan LOOP, Dripping Springs TX 78620

When was 118 El Capitan LOOP, Dripping Springs TX 78620 built?

118 El Capitan LOOP, Dripping Springs TX 78620 was built in 2023.

How much does 118 El Capitan LOOP, Dripping Springs TX 78620 cost?

118 El Capitan LOOP, Dripping Springs TX 78620 sold on November 30, 2023. Contact us for sale price details.

Similar Properties

$489,449 174 Ranier WAY, Dripping Springs TX 78620 5 bd | 3 ba

$502,509 275 Crater Lake DR, Dripping Springs TX 78620 5 bd | 3 ba

$515,640 278 Crater Lake DR, Dripping Springs TX 78620 5 bd | 3 ba

$459,990 246 Sue Peaks LOOP, Dripping Springs TX 78620 5 bd | 3 ba

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