203 Cinder CV, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Preserve Phase Three

Off Market

Exterior view of 203 Cinder CV, Dripping Springs TX 78620

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Ed's Opinion of Value

$1,197,700 Ed's Estimate: $1,494,024 $1,810,000

Lowest Comp Recommended List: $1,268,000 to $1,278,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,494,024. I'd recommend coming to market at $1,268,000 to $1,278,000 to strike the right balance between value and market velocity. Against 5 similar active listings in PRESERVE PHASE THREE, this price point lands at the 2nd most expensive of 5 comparable homes on the market. Being 396 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 2 of 4 comparable homes not offering one. Current inventory shows 5 comparable homes in PRESERVE PHASE THREE; a buyer's market based on recent absorption. The trend in 78620 shows prices have fallen 5.7% in the past 6 months. 713 OAKWOOD LN, Dripping Springs TX 78620 nearby adjusts to $1,484,975; with a smaller floor plan. With 4 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

78620 Market Trends

$615,000 Median Sold Price ▼ 5.7% 6mo

$245/sqft Median $/SqFt ▼ 3.7% 6mo

71 days Avg Days on Market 9 days slower

267 homes Active Inventory 6.5 mo supply

97.0% Sale-to-List Ratio

247 Sales (6 months)

Recently Sold Comparables

$1,484,975 adjusted 713 OAKWOOD LN, Dripping Springs TX 78620 4bd / 4.0ba • 4,293 sqft • 2.3 mi Sold 6 months ago

$1,778,146 adjusted 1013 Drifting Wind RUN, Dripping Springs TX 78620 4bd / 4.0ba • 3,903 sqft • 0.4 mi Sold 7 months ago

$1,298,417 adjusted 167 Vincas Shadow CT, Driftwood TX 78619 4bd / 6.0ba • 4,452 sqft • 2.4 mi Sold 2 days ago

$1,327,402 adjusted 400 Goodnight TRL, Dripping Springs TX 78620 4bd / 4.0ba • 3,452 sqft • 1.6 mi Sold 10 months ago

Currently on Market

$1,197,700 298 Smoke Tree CIR, Dripping Springs TX 78620 5bd / 5.0ba • 4,501 sqft • 1.5 mi 369 days on market

$1,250,000 701 Oakwood LN, Dripping Springs TX 78620 5bd / 4.0ba • 4,876 sqft • 2.5 mi 8 days on market

$1,810,000 220 Fawn Meadow DR, Dripping Springs TX 78620 4bd / 4.0ba • 3,871 sqft • 2.2 mi 38 days on market

5 Beds

4 Baths 4 Full

4,421 Sq Ft

2.05 Acres

2006 Built

3 Garage

About This Property

Custom Built Hill Country Estate located in "The Preserve", one of Dripping Springs most desirable gated communities. This private 2-acre estate features an open floor plan that flows effortlessly with beautiful natural light from the oversized windows giving a view of the custom pool, spa, and hill country surroundings. This primarily single-story home with vaulted ceilings offers 5 bedrooms and 4 bathrooms with one bedroom/bath, and media room upstairs. Enjoy movie nights in the acoustically engineered home theater which includes a mounted high-definition projector and automated movie screen. Lounge by the pool on the covered stone patio with outdoor kitchen perfect for entertaining family and friends on warm summer nights. With accessibility to all things Drippings Springs including the award-winning school system and just 30 minutes from Downtown Austin, this hill country home gives you the best of both worlds.

Property Highlights

Pool Pool/Spa Combo, Waterfall

Features

Breakfast Bar
Ceiling Fan(s)
High Ceilings
Vaulted Ceiling(s)
Chandelier
Crown Molding
Double Vanity
Electric Dryer Hookup
Eat-in Kitchen
Entrance Foyer
French Doors
In-Law Floorplan
Kitchen Island
Multiple Dining Areas
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)
Washer Hookup
Wired for Sound

Location

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Schools

School District Dripping Springs ISD

Elementary Dripping Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Ceiling Fan(s), Central Air

Heating Central

Exterior Outdoor Grill

County Hays

MLS # 8325491

Parking

Garage 3 spaces

HOA & Community

HOA Fee $125 /Quarterly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $17,772 (2021)

Listing History

MLS# 8325491 60 days (104 CDOM)

Sep 16, 2022	Off Market
Jul 21, 2022	Price Change	$1,399,900
Jun 23, 2022	Listed	$1,599,900

Frequently Asked Questions About 203 Cinder CV, Dripping Springs TX 78620

When was 203 Cinder CV, Dripping Springs TX 78620 built?

203 Cinder CV, Dripping Springs TX 78620 was built in 2006.

How much does 203 Cinder CV, Dripping Springs TX 78620 cost?

203 Cinder CV, Dripping Springs TX 78620 sold on September 16, 2022. Contact us for sale price details.

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