17611 Panorama DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Highland Creek Lakes

Ed's Opinion of Value

$397,421 Ed's Estimate: $470,962 $525,000
Lowest Comp Recommended List: $462,000 to $480,000 Highest Comp
The comparable sales data (7 recent transactions in HIGHLAND CREEK LAKES) supports an estimated value of $470,962. The data suggests a list price between $462,000 and $480,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in HIGHLAND CREEK LAKES, this home would be the 2nd most expensive of 7 comparable homes on the market. Being built in 1971 (42 years older than comps) is factored into the value estimate. Lot size matters here: 0.62 acres versus 0.32 for the typical comp. Current inventory shows 7 comparable homes in HIGHLAND CREEK LAKES; a buyer's market based on recent absorption. Prices in 78620 have fallen 7.7% over the last 6 months. A similar home at 17837 Panorama DR, Dripping Springs TX 78620 carries an adjusted comparable value of $445,558, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in HIGHLAND CREEK LAKES. 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
1,968 Sq Ft
0.619 Acres
1971 Built
2 Garage

About This Property

This 1970’s ranch home has been updated with clean lines, luxurious finishes, and a clean yet bright color palate. Interior features include a MASSIVE open kitchen/living/dining space with a huge island, oversized utility room, custom closet doors and an oversized slate shower in the master, and the ability to live as if the home has two full master suites! Great for long-term or frequent guests. Students attend LTISD. Neighborhood offers a private park with 2 lakes for just $80/yr!

Features

  • 2 Primary Suites
  • In-Law Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central, Heat Pump
Exterior Gutters Partial, RV Hookup, See Remarks
County Travis
MLS # 7630903
Garage 2 spaces

Listing History

MLS# 7630903 93 days
Aug 29, 2016 Off Market
Jun 6, 2016 Price Change $299,900
Feb 19, 2016 Listed $320,000

Frequently Asked Questions About 17611 Panorama DR, Dripping Springs TX 78620

When was 17611 Panorama DR, Dripping Springs TX 78620 built?

17611 Panorama DR, Dripping Springs TX 78620 was built in 1971.

How much does 17611 Panorama DR, Dripping Springs TX 78620 cost?

17611 Panorama DR, Dripping Springs TX 78620 sold on August 29, 2016. Contact us for sale price details.

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