2400 Mt Gainor RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | None

Off Market

Exterior view of 2400 Mt Gainor RD, Dripping Springs TX 78620

Additional photos available to registered users

Ed's Opinion of Value

$665,380 Ed's Estimate: $1,189,988 $1,398,000

Lowest Comp Recommended List: $1,166,000 to $1,214,000 Highest Comp

Listing History

$4,999,999 List Price

$1,031,238 Comp Value

1 Price Reductions

This property was listed at $4,999,999 and withdrawn after 84 days on market. The price was reduced from $5,999,999 to $4,999,999. This listing activity factors into the valuation.

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,189,988. If we were to list this property today, I'd recommend a list price in the $1,166,000 to $1,214,000 range. This pricing would rank the home as no active comparable homes on the market in 78620's current inventory. The larger floor plan (1,112 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1990 (5 years older than comps) is factored into the value estimate. The strength of this estimate comes from 7 directly comparable sales in 78620. 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

78620 Market Trends

$613,000 Median Sold Price ▼ 5.7% 6mo

$247/sqft Median $/SqFt ▼ 1.6% 6mo

67 days Avg Days on Market 2 days slower

254 homes Active Inventory 5.7 mo supply

97.8% Sale-to-List Ratio

269 Sales (6 months)

Recently Sold Comparables

$1,155,922 adjusted 167 Vincas Shadow CT, Driftwood TX 78619 4bd / 6.0ba • 4,452 sqft • 3 mi Sold 24 days ago

$768,027 adjusted 467 Cortaro DR, Dripping Springs TX 78620 5bd / 4.0ba • 4,313 sqft • 4.7 mi Sold 1 months ago

$665,380 adjusted 300 Oak Springs DR, Dripping Springs TX 78620 4bd / 2.0ba • 1,941 sqft • 3.6 mi Sold 2 months ago

$752,760 adjusted 205 Spanish Oak TRL, Dripping Springs TX 78620 4bd / 3.0ba • 2,710 sqft • 3.9 mi Sold 4 months ago

$1,398,000 adjusted 620 Post Oak DR, Dripping Springs TX 78620 4bd / 3.0ba • 3,094 sqft • 3.8 mi Sold 18 days ago

4 Beds

3 Baths 2 Full, 1 Half

4,359 Sq Ft

25 Acres

1990 Built

About This Property

Income producing short term rental property located in Dripping Springs 5 miles from downtown Mercer street. Main house~2,351 SQFT, 5 cabins~2,008 SQFT TOTAL. 1200 SQFT shop w/ apartment style room inside. 6 stall horse barn w/ tack room. Wet weather pond. Swimming pool. Entire property is fenced approx 25 acres. Unrestricted property with lots of trees and privacy. Agricultural tax exempt. Appointment only.

Features

2 Primary Baths
Bookcases
Ceiling Fan(s)
Granite Counters
Electric Dryer Hookup
Multiple Dining Areas
Multiple Living Areas
Smart Thermostat
Track Lighting

Location

Map loading...

Schools

School District Dripping Springs ISD

Elementary Dripping Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Farm

Flooring Vinyl

Cooling Central Air

Heating Central, Propane

Exterior Gas Grill, Outdoor Grill, Private Entrance, Private Yard

County Hays

MLS # 8158189

Listing History

MLS# 8158189 84 days

Sep 21, 2021	Off Market
Jul 7, 2021	Price Change	$4,999,999
Jun 29, 2021	Listed	$5,999,999

Frequently Asked Questions About 2400 Mt Gainor RD, Dripping Springs TX 78620

When was 2400 Mt Gainor RD, Dripping Springs TX 78620 built?

2400 Mt Gainor RD, Dripping Springs TX 78620 was built in 1990.

How much does 2400 Mt Gainor RD, Dripping Springs TX 78620 cost?

2400 Mt Gainor RD, Dripping Springs TX 78620 is currently off market.

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