196 Iron Rail RD, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $357,550. To generate strong buyer interest while maximizing value, I'd price this between $391,000 and $402,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in TEXAS HERITAGE. The 2017 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. 7 similar homes are currently available in TEXAS HERITAGE, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6.3% in the past 6 months. 424 Spanish Star TRL, Dripping Springs TX 78620 nearby adjusts to $387,925; a strong comparable. The 7 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