207 W Lakeshore DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 | River Oaks Ranch

Ed's Opinion of Value

$277,351 Ed's Estimate: $555,231 $1,150,000
Lowest Comp Recommended List: $724,000 to $731,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $555,231. To generate strong buyer interest while maximizing value, I'd price this between $724,000 and $731,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in RIVER OAKS RANCH. Being 1,367 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2003 construction puts this home 6 years older than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in RIVER OAKS RANCH, listed between $480,000 and $1,150,000. The trend in 78620 shows prices have fallen 6.4% in the past 6 months. 201 Hillview CIR, Dripping Springs TX 78620 nearby adjusts to $551,081; with a larger floor plan. 7 comparable transactions in RIVER OAKS RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,344 Sq Ft
2.504 Acres
2003 Built

About This Property

HOME CURRENTLY BEING EMPTIED. Home can be updated, very good space, all working condition (she lived there for 20+ years), HVAC works great - needs TLC and remodeling. Value in the property. 2.5+ Acres and if back of the lot is cleared, 2 story home built would have LAKE VIEWS of the Home Owners private lake. Serene location close to all amenities. Explosion of value dirctly in this path! Property has lake priveleges , fantastic location, exemplary schools, great neighborhood. Lowest price for a property in this entire area which bodes well for the future value of this land!!! Buy as investment or move in and update to suit!

Features

  • Ceiling Fan(s)
  • Laminate Counters
  • Electric Dryer Hookup
  • Multiple Living Areas
  • No Interior Steps
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

Property Details

Property Type Residential
Flooring Laminate
Cooling Ceiling Fan(s)
Heating Central, Electric
Exterior Exterior Steps, Private Yard
County Hays
MLS # 1898090

HOA & Community

HOA Fee $120 /Annually
HOA Includes Common Area Maintenance, See Remarks

Listing History

MLS# 1898090 4 days
Oct 22, 2021 Off Market
Sep 25, 2021 Listed $299,000

Frequently Asked Questions About 207 W Lakeshore DR, Dripping Springs TX 78620

When was 207 W Lakeshore DR, Dripping Springs TX 78620 built?

207 W Lakeshore DR, Dripping Springs TX 78620 was built in 2003.

How much does 207 W Lakeshore DR, Dripping Springs TX 78620 cost?

207 W Lakeshore DR, Dripping Springs TX 78620 sold on October 22, 2021. Contact us for sale price details.

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