121 Obsidian DR, Dripping Springs TX 78620

The estimated value of this property is $613,857, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $489,000 and $499,000. In the current ARROWHEAD RANCH market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (135 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in ARROWHEAD RANCH have 7 comparable options right now, with asking prices between $474,359 and $725,000. Recent trends in ARROWHEAD RANCH show home values have risen 9.1% since 6 months ago. The most comparable recent sale is 160 Palmillas DR, Dripping Springs TX 78620, with an adjusted value of $600,103; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group