17516 Lake Shore DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Twin Lake Hills

Ed's Opinion of Value

$432,652 Ed's Estimate: $478,415 $531,275
Lowest Comp Recommended List: $481,000 to $489,000 Highest Comp
My analysis of 5 comparable properties puts this home's estimated value at $478,415. Based on how the local market is moving, a list price between $481,000 and $489,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in TWIN LAKE HILLS's current inventory. Being 211 sqft larger than the average comparable sale in this area impacts the per square foot value. At 8 years older than typical comps, the 2002 build date influences the valuation. The active market in TWIN LAKE HILLS includes 4 comparable homes priced from $480,000 to $499,900. The 6 month price trend in TWIN LAKE HILLS: fallen 5%. The best comp here is 10108 Longhorn SKWY, Dripping Springs TX 78620 at an adjusted value of $531,275, with a smaller floor plan. With 5 comparable sales in TWIN LAKE HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
1,898 Sq Ft
0.42 Acres
2002 Built

About This Property

Investor Special! Property cannot be purchased with Owner Occupancy financing. Property is currently leased through April 1, 2022, great opportunity for an income producing investment. Property is situated on a double lot with a large private yard, with two additional vacant lots fronting Village Dr. - available for purchase at additional cost with or after house sale, see agent for details. Home offers good layout with 3 beds, 2.5 bathrooms, good size kitchen with recessed lighting, formal dining room and living room. Master is on main floor and the additional bedrooms are upstairs. Concrete floors throughout main common areas, tile in bathrooms. AC replaced in January 2021. DISCLAIMER: Interior pictures were taken prior to current tenant move-in. Home is located in Deer Creek Neighborhood which offers access to community lake with swimming and fishing, park, picnic area, basketball courts and HOA is voluntary. Lake Travis ISD, low tax rate, private water and easy access to both downtown Dripping Springs and Bee Cave make this a can't beat investment.

Features

  • Ceiling Fan(s)
  • Interior Steps
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Lake Travis ISD
Elementary Bee Cave
High School Lake Travis

Property Details

Property Type Residential
Flooring Concrete, Tile
Cooling Central Air, Electric
Heating Central, Electric, Fireplace(s)
Exterior None
County Travis
MLS # 7788589

Tax Information

Annual Taxes (MLS) $3,774 (2021)

Listing History

MLS# 7788589 49 days (47 CDOM)
Oct 28, 2021 Off Market
Aug 9, 2021 Listed $435,000

Frequently Asked Questions About 17516 Lake Shore DR, Dripping Springs TX 78620

When was 17516 Lake Shore DR, Dripping Springs TX 78620 built?

17516 Lake Shore DR, Dripping Springs TX 78620 was built in 2002.

How much does 17516 Lake Shore DR, Dripping Springs TX 78620 cost?

17516 Lake Shore DR, Dripping Springs TX 78620 sold on October 28, 2021. Contact us for sale price details.

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