24151 Ranch Road 12, Dripping Springs TX 78620

Off Market

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Ed's Opinion of Value

$1,292,550 Ed's Estimate: $1,583,730 $3,750,000

Lowest Comp Recommended List: $1,254,000 to $1,264,000 Highest Comp

7 recent sales in the surrounding area of this address suggest a current value of $1,583,730. My recommended list price range for this property would be $1,254,000 to $1,264,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in 78620. The larger floor plan (869 sqft compared to the average comp) is a meaningful differentiator in this price range. The 7.79 acre lot (larger than the 5.46 acre average) is reflected in the estimate. There are currently 2 similar homes on the market in 78620, ranging from $1,349,999 to $3,750,000. In 78620, home values have fallen approximately 6.1% over the past 6 months. One of the strongest data points is 167 Vincas Shadow CT, Driftwood TX 78619, adjusting to $1,339,625; with a smaller floor plan. Based on 7 relevant data points in 78620, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78620 Market Trends

$620,000 Median Sold Price ▼ 6.1% 6mo

$247/sqft Median $/SqFt ▼ 2.4% 6mo

71 days Avg Days on Market 9 days slower

263 homes Active Inventory 6.1 mo supply

97.0% Sale-to-List Ratio

257 Sales (6 months)

Recently Sold Comparables

$1,339,625 adjusted 167 Vincas Shadow CT, Driftwood TX 78619 4bd / 6.0ba • 4,452 sqft • 1.8 mi Sold 10 days ago

$1,726,723 adjusted 611 A Post Oak DR, Dripping Springs TX 78620 4bd / 4.0ba • 4,020 sqft • 2.4 mi Sold 1 months ago

$1,294,717 adjusted 281 Rightwater Preserve, Driftwood TX 78619 4bd / 4.0ba • 3,848 sqft • 0.5 mi Sold 9 months ago

$1,746,375 adjusted 3400 Tuscany DR, Driftwood TX 78619 4bd / 5.0ba • 3,714 sqft • 2.1 mi Sold 2 months ago

$1,292,550 adjusted 1145 Trebled Waters TRL, Driftwood TX 78619 4bd / 4.0ba • 3,505 sqft • 1.8 mi Sold 8 months ago

Currently on Market

$3,750,000 Lot 10 Tuscany DR, Driftwood TX 78619 4bd / 4.0ba • 4,122 sqft • 2.1 mi 1 days on market

$1,349,999 1501 Trebled Waters Trl, Driftwood TX 78619 6bd / 6.0ba • 4,396 sqft • 1.5 mi 26 days on market

4 Beds

5 Baths 4 Full, 1 Half

4,789 Sq Ft

7.79 Acres

2008 Built

About This Property

A 7.79 ac luxurious, artistic, Texas Hill Country estate that was created by Artisans and Master Craftsman from Texas, New Mexico and Germany. Abundant mature, native Live Oaks surround the home, the over-sized Porte Cochere and covered walkways. Features include Venetian plaster walls & ceilings, solid knotty alder doors & cabinets, gourmet kitchen w/ Viking range, stainless appliances, gorgeous expanses of travertine tile, tile mosaics, inlays, hardwood and slate flooring, 4 fireplaces, an amazing custom library, a stunning Primary Suite, large shaded Trex deck, hot tub, climate controlled dog kennel, well house, propane building and much more! The property is also UNRESTRICTED, AG EXEMPT and in Dripping Springs ETJ.
Possible uses include: Luxury Estate, Venue, Event Center, Rehab, Rental
Front half of home was used for short term rentals while the homeowner occupied the back half. The front half of home is completely furnished to fully function for short term rental use. Furnishing can be purchased separately.

Features

Built-in Features
Ceiling Fan(s)
Cathedral Ceiling(s)
Vaulted Ceiling(s)
Double Vanity
Entrance Foyer
In-Law Floorplan
Interior Steps
Kitchen Island
Multiple Living Areas
Natural Woodwork
Pantry
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)
Wired for Sound
Granite Counters
Stone Counters

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 Slate, Stone, Tile, Wood

Cooling Central Air

Heating Central, Solar

Exterior Gutters Partial, Kennel, Private Yard

County Hays

MLS # 9045692

Tax Information

Annual Taxes (MLS) $12,118 (2019)

Listing History

MLS# 9045692 125 days

Feb 4, 2021	Off Market
Dec 15, 2020	Price Change	$1,299,000
Sep 1, 2020	Listed	$1,395,000

Frequently Asked Questions About 24151 Ranch Road 12, Dripping Springs TX 78620

When was 24151 Ranch Road 12, Dripping Springs TX 78620 built?

24151 Ranch Road 12, Dripping Springs TX 78620 was built in 2008.

How much does 24151 Ranch Road 12, Dripping Springs TX 78620 cost?

24151 Ranch Road 12, Dripping Springs TX 78620 sold on February 4, 2021. Contact us for sale price details.

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