248 Big Banyan DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Heritage | Built by M/I Homes

Off Market

Exterior view of 248 Big Banyan DR, Dripping Springs TX 78620

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Ed's Opinion of Value

$474,990 Ed's Estimate: $523,196 $609,990

Lowest Comp Recommended List: $533,000 to $581,000 Highest Comp

Taking into account 7 nearby comparable sales, this property's estimated value comes to $523,196. If we were to list this property today, I'd recommend a list price in the $533,000 to $581,000 range. Buyers shopping in HERITAGE right now would see this as a well positioned option among 6 comparable homes. With 6 similar homes currently listed in HERITAGE (a buyer's market), competition is a factor to consider. The 6 month price trend in HERITAGE: risen 9.6%. The best comp here is 536 Darley Oak DR, Dripping Springs TX 78620 at an adjusted value of $512,135, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in HERITAGE. 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

HERITAGE Market Trends

$479,990 Median Sold Price ▲ 9.6% 6mo

$195/sqft Median $/SqFt ▼ 8.7% 6mo

43 days Avg Days on Market 6 days faster

40 homes Active Inventory 12.6 mo supply

96.7% Sale-to-List Ratio

19 Sales (6 months)

Recently Sold Comparables

$512,135 adjusted 536 Darley Oak DR, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.3 mi Sold 3 months ago

$512,022 adjusted 151 Great Sequoia LN, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.4 mi Sold 7 months ago

$517,506 adjusted 209 Grayson Elm PASS, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.3 mi Sold 3 months ago

$507,395 adjusted 328 Milkwood TER, Dripping Springs TX 78620 5bd / 4.0ba • 2,718 sqft • 0.5 mi Sold 8 months ago

$528,088 adjusted 241 Grayson Elm PASS, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.3 mi Sold 3 months ago

Currently on Market

$609,990 348 Big Banyan DR, Dripping Springs TX 78620 5bd / 5.0ba • 2,874 sqft • 0.4 mi 1 days on market

$484,990 178 Grayson Elm PASS, Dripping Springs TX 78620 5bd / 4.0ba • 2,718 sqft • 0.3 mi 27 days on market

$474,990 564 Darley Oak DR, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.3 mi 34 days on market

5 Beds

5 Baths 4 Full, 1 Half

2,874 Sq Ft

0.1557 Acres

2025 Built

2 Garage

About This Property

The Paramount is an awesome 1.5 story plan with 5 bedrooms/4.5 bathrooms and huge gameroom. 4/3 downstairs, up is a gameroom and 1/2 bath and another private suite. Light natural wood like flooring through out the main areas. Gourmet kitchen with built in appliances, white cabinets, white quartz countertop, and matte black fixtures. Great flow to this plan! Open, but with its designated spaces. Huge master with bay window and onsuite with oversized shower.
This home is just across the street from one of our pocket parks. Low traffic interior street. Facing west. You will have evening shade in the backyard!

Features

Breakfast Bar
Ceiling Fan(s)
High Ceilings
Double Vanity
Electric Dryer Hookup
High Speed Internet
Interior Steps
Kitchen Island
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Home
Smart Thermostat
Walk-In Closet(s)
Wired for Data
Wired for Sound

Location

Map loading...

Schools

School District Dripping Springs ISD

Elementary Walnut Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Residential

Flooring Carpet, Tile, Vinyl

Cooling Ceiling Fan(s), Central Air, Dual, Electric, ENERGY STAR Qualified Equipment, Zoned

Heating Central, ENERGY STAR Qualified Equipment, Natural Gas, Zoned

Exterior Gutters Partial, Lighting, No Exterior Steps, Pest Tubes in Walls, Private Yard

County Hays

MLS # 1277722

Parking

Garage 2 spaces

HOA & Community

HOA Fee $600 /Annually

HOA Includes Maintenance Grounds

Listing History

MLS# 1277722 - Updated Mar 29, 2026 38 days

Aug 21, 2025	Off Market
Jul 8, 2025	Price Change	$579,990
Jun 6, 2025	Listed	$584,990

Frequently Asked Questions About 248 Big Banyan DR, Dripping Springs TX 78620

When was 248 Big Banyan DR, Dripping Springs TX 78620 built?

248 Big Banyan DR, Dripping Springs TX 78620 was built in 2025.

How much does 248 Big Banyan DR, Dripping Springs TX 78620 cost?

248 Big Banyan DR, Dripping Springs TX 78620 sold on August 21, 2025. Contact us for sale price details.

Similar Properties

$474,990 564 Darley Oak DR, Dripping Springs TX 78620 5 bd | 4 ba

$484,990 178 Grayson Elm PASS, Dripping Springs TX 78620 5 bd | 4 ba

$499,990 185 Grayson Elm PASS, Dripping Springs TX 78620 5 bd | 4 ba

$477,000 264 Denali WAY, Dripping Springs TX 78620 4 bd | 4 ba

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