23400 Fm 150, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $594,805. For a well positioned listing in SPRINGWOOD, I'd target the $384,000 to $394,000 range. With 7 comparable homes on the market in SPRINGWOOD, this price positions the property as the most expensive of 7 comparable homes on the market. At 3.06 acres, the lot is larger than the 2.63 acre comp average, which factors into pricing. The active market in SPRINGWOOD includes 7 comparable homes priced from $359,900 to $602,303. The most comparable recent sale is 718 Post Oak DR, Dripping Springs TX 78620, with an adjusted value of $638,379; a strong comparable. The 5 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