215 Peabody PL, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Dripping Spgs Commerical & Indust Park

Ed's Opinion of Value

$472,875 Ed's Estimate: $815,971 $2,498,000
Lowest Comp Recommended List: $1,244,000 to $1,282,000 Highest Comp
The comparable sales data (7 recent transactions in DRIPPING SPGS COMMERICAL & INDUST PARK) supports an estimated value of $815,971. The data suggests a list price between $1,244,000 and $1,282,000 would attract qualified buyers without leaving money on the table. This home's position in the current DRIPPING SPGS COMMERICAL & INDUST PARK market: the most affordable of 7 comparable homes on the market among comparable properties. The 644 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1995 (17 years older than comps) is factored into the value estimate. The active market in DRIPPING SPGS COMMERICAL & INDUST PARK includes 7 comparable homes priced from $950,000 to $2,498,000. Prices in 78620 have fallen 6.1% over the last 6 months. A similar home at 115 Greenridge LN, Dripping Springs TX 78620 carries an adjusted comparable value of $754,570, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in DRIPPING SPGS COMMERICAL & INDUST PARK. 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
4 Beds
2 Baths 2 Full
3,806 Sq Ft
2 Acres
1995 Built
2 Garage

About This Property

UNRESTRICTED 2-ACRE PROPERTY LOCATED OUTSIDE THE CITY LIMITS AND NEAR DOWNTOWN DRIPPING SPRINGS! The residential home can be lived in or worked out of and the second building can be used for so many purposes! With close access to HWY 290 and still the pleasantry of the Hill Country Vibe, it makes an amazing vacation rental or an amazing opportunity for a live-work situation as well. 3,806 sqft of Livable Space + an additional air-conditioned storage closet located in the 2-car garage with a built-in workshop bench offers several opportunities. The main home is one level and 2,932 sqft and the detached building is 874 sqft. The property has a Heritage Oak tree in the backyard estimated to be over 300 years old by an arborist, talk about something special! The primary bedroom is oversized and even has a retreat flex room attached. The current owners have loved and maintained the property and have made thoughtful updates through the years.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Stone Counters
  • Double Vanity
  • Entrance Foyer
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

Property Details

Property Type Residential
Flooring Carpet, Concrete, Tile, Vinyl
Cooling Ceiling Fan(s), Central Air
Heating Central, Electric, Fireplace(s)
Exterior Gutters Partial, Private Yard
County Hays
MLS # 4745813
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $9,499 (2022)

Listing History

MLS# 4745813 38 days (275 CDOM)
Mar 28, 2024 Off Market
Jan 29, 2024 Price Change $799,900
Jan 5, 2024 Listed $849,900

Frequently Asked Questions About 215 Peabody PL, Dripping Springs TX 78620

When was 215 Peabody PL, Dripping Springs TX 78620 built?

215 Peabody PL, Dripping Springs TX 78620 was built in 1995.

How much does 215 Peabody PL, Dripping Springs TX 78620 cost?

215 Peabody PL, Dripping Springs TX 78620 sold on March 28, 2024. Contact us for sale price details.

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