1601 Springlake DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Springlake

Ed's Opinion of Value

$416,183 Ed's Estimate: $537,062 $652,622
Lowest Comp Recommended List: $407,000 to $417,000 Highest Comp
After reviewing 7 recent transactions in SPRINGLAKE, I estimate this property's value at $537,062. A competitive list price for this home right now would fall in the $407,000 to $417,000 range. This pricing would rank the home as the most expensive of 7 comparable homes on the market in SPRINGLAKE's current inventory. The 515 sqft size difference versus comparable sales is reflected in the adjusted values. At 98 years older than typical comps, the 1902 build date influences the valuation. There are currently 7 similar homes on the market in SPRINGLAKE, ranging from $429,000 to $627,000. Prices in 78620 have fallen 6% over the last 6 months. A similar home at 251 Oak Grove DR, Dripping Springs TX 78620 carries an adjusted comparable value of $652,622, providing a strong data point. The comp data here (7 sales in SPRINGLAKE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
3 Beds
2 Baths 2 Full
2,531 Sq Ft
1 Acres
1902 Built

About This Property

Own a piece of historic charm! Old Austin meets Texas Hill Country. Originally built in 1902, this home was once used as an Austin sorority house and then relocated to its current location on 10.04 acres, accompanied by mature oaks and privacy. The front entrance leads you down a brick lined path and greets you with a lovely garden, fish pond, and a deep front porch. The entryway is flooded with light from the stain glass door and features a beautiful entryway with original custom woodwork, coat closets, sitting area and fabric paneled walls. The custom woodwork combined with overly high ceilings and clearstory windows with original cranks makes this a truly unique find. Full of character, warmth, and natural light. There are original hardwood floors throughout, 3 sets of French doors, large original solid wood pocket doors and columns leading to the beamed ceilings in the living room. The kitchen has been tastefully updated with modern appliances, copper pub counters, center island with a butcher’s block top for functionality, spacious walk-in butler’s pantry and Saltillo tile floors that flow from the kitchen into the dining room. Each of the 3 bedrooms is generously sized, and one of the two bathrooms features bead board siding with a pedestal sink, while the other has tile counters and original cabinetry. Off the back of the home is a deep covered screened in porch overlooking manicured mature oaks, providing views of the acreage. There is a workshop on the property for all your tools and projects. Just 3 miles from downtown Dripping Springs for all of your shopping, dining, wineries and pubs as well as the top rated school district. The moment you walk in you know you’re somewhere special. Prop on city water, potential to subdivide into 1 1/2 acre+ lots for small development opportunity (see agent for details).

Features

  • 2 Primary Baths
  • Bookcases
  • Ceiling Fan(s)
  • High Ceilings
  • Chandelier
  • Kitchen Island
  • Multiple Living Areas
  • Natural Woodwork
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Storage
  • Washer Hookup

Location

Schools

Property Details

Property Type Residential Lease
Flooring Tile, Wood
Cooling Central Air, Electric, Wall/Window Unit(s)
Heating Central, Electric, Fireplace(s)
Exterior Uncovered Courtyard, Exterior Steps
County Hays
MLS # 8358660

HOA & Community

HOA Fee $26 /Annually

Listing History

MLS# 8358660 15 days
Sep 14, 2022 Off Market
Aug 22, 2022 Listed $2,800

Frequently Asked Questions About 1601 Springlake DR, Dripping Springs TX 78620

When was 1601 Springlake DR, Dripping Springs TX 78620 built?

1601 Springlake DR, Dripping Springs TX 78620 was built in 1902.

How much does 1601 Springlake DR, Dripping Springs TX 78620 cost?

1601 Springlake DR, Dripping Springs TX 78620 sold on September 14, 2022. Contact us for sale price details.

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