25203 Ranch Road 12, Dripping Springs TX 78620

Off Market

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Ed's Opinion of Value

$371,267 Ed's Estimate: $404,302 $475,000

Lowest Comp Recommended List: $424,000 to $440,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $404,302. I'd recommend coming to market at $424,000 to $440,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78620, this price point stands out as competitive. The pool is a standout feature, with 7 of 7 comparable homes not offering one. Built in 1930, this home is 91 years older than the average comp, which is reflected in the adjustments. The active market in 78620 includes 4 comparable homes priced from $379,900 to $475,000. The trend in 78620 shows prices have fallen 5.5% in the past 6 months. 775 Sue Peaks LOOP, Dripping Springs TX 78620 nearby adjusts to $423,659; with no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78620 Market Trends

$614,000 Median Sold Price ▼ 5.5% 6mo

$248/sqft Median $/SqFt ▼ 1.4% 6mo

67 days Avg Days on Market 2 days slower

254 homes Active Inventory 5.6 mo supply

97.8% Sale-to-List Ratio

270 Sales (6 months)

Recently Sold Comparables

$423,659 adjusted 775 Sue Peaks LOOP, Dripping Springs TX 78620 3bd / 2.0ba • 1,509 sqft • 3.3 mi Sold 5 days ago

$371,267 adjusted 381 Darley Oak DR, Dripping Springs TX 78620 3bd / 2.0ba • 1,483 sqft • 3.1 mi Sold 16 days ago

$419,382 adjusted 250 Ranier WAY, Dripping Springs TX 78620 3bd / 2.0ba • 1,466 sqft • 2.7 mi Sold 2 months ago

$397,693 adjusted 600 Grand Prairie CIR, Dripping Springs TX 78620 4bd / 2.0ba • 1,535 sqft • 2.9 mi Sold 23 days ago

$397,748 adjusted 478 El Capitan LOOP, Dripping Springs TX 78620 3bd / 2.0ba • 1,509 sqft • 3.3 mi Sold 2 months ago

Currently on Market

$400,000 500 Grand Prairie CIR, Dripping Springs TX 78620 3bd / 2.0ba • 1,431 sqft • 2.8 mi 129 days on market

$475,000 27306 RR 12, Dripping Springs TX 78620 2bd / 2.0ba • 1,645 sqft • 2 mi 70 days on market

$406,630 179 Montoro ST, Dripping Springs TX 78620 3bd / 2.0ba • 1,463 sqft • 2.5 mi 1 days on market

2 Beds

1 Baths 2 Full, 2 Half

1,500 Sq Ft

0.5 Acres

1930 Built

5 Garage

About This Property

Spectacular country retreat located only 3 minutes from Dripping Springs and HEB/Home Depot. Many fantastic improvements make for a spectacular ranch close to town. 4,000 ft. main house - 4 bedrooms, 4 bathrooms with a spectacular kitchen, beautiful stonework, lovely tropical hot tub. 3 very nice guest cottages all with beautiful settings. Recently converted pavilion into spectacular office facility, approx. 2400 sf. with separate access. Multiple barns, recently built 50x80 metal barn for storage.Guest Accommodations: Yes Restrictions: Unknown Sprinkler Sys:Yes

Property Highlights

Pool None

Features

Multiple Dining Areas
Multiple Living Areas
Primary Bedroom on Main

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 Lease

Flooring Carpet, Tile

Cooling Central Air

Heating Electric

Exterior No Exterior Steps

County Hays

MLS # 3972754

Garage 5 spaces

Listing History

MLS# 3972754 1 days

Oct 7, 2016	Off Market
Oct 6, 2016	Listed		$1,500

MLS# 6286286 365 days (1092 CDOM)

Nov 20, 2015	Off Market
Nov 20, 2014	Listed		$4,400,000

MLS# 9983868 365 days (727 CDOM)

Nov 6, 2014	Off Market
Nov 6, 2013	Listed		$3,900,000

MLS# 6206333 183 days (362 CDOM)

Oct 15, 2013	Off Market
Apr 15, 2013	Listed		$3,500,000

MLS# 3526348 179 days

Feb 15, 2013	Off Market
Aug 20, 2012	Listed		$3,500,000

MLS# 3452244 1 days

Sep 14, 2005	Off Market
Sep 13, 2005	Listed		$5,000,000

Frequently Asked Questions About 25203 Ranch Road 12, Dripping Springs TX 78620

When was 25203 Ranch Road 12, Dripping Springs TX 78620 built?

25203 Ranch Road 12, Dripping Springs TX 78620 was built in 1930.

How much does 25203 Ranch Road 12, Dripping Springs TX 78620 cost?

25203 Ranch Road 12, Dripping Springs TX 78620 sold on October 7, 2016. Contact us for sale price details.

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