261 Kings Pine DR, Dripping Springs TX 78620

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

Off Market

Exterior view of 261 Kings Pine DR, Dripping Springs TX 78620

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Ed's Opinion of Value

$379,080 Ed's Estimate: $414,156 $469,990

Lowest Comp Recommended List: $441,000 to $447,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $414,156. To generate strong buyer interest while maximizing value, I'd price this between $441,000 and $447,000. With 7 comparable homes on the market in HERITAGE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in HERITAGE; a balanced market based on recent absorption. The trend in HERITAGE shows prices have risen 0.4% in the past 6 months. 342 Bishop Wood RD, Dripping Springs TX 78620 nearby adjusts to $469,959; a strong comparable. The 7 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

HERITAGE Market Trends

$471,950 Median Sold Price ▲ 0.4% 6mo

$214/sqft Median $/SqFt ▲ 8.6% 6mo

93 days Avg Days on Market 52 days slower

25 homes Active Inventory 3.7 mo supply

96.4% Sale-to-List Ratio

41 Sales (6 months)

Recently Sold Comparables

$469,959 adjusted 342 Bishop Wood RD, Dripping Springs TX 78620 4bd / 2.0ba • 1,903 sqft • 0.3 mi Sold 3 months ago

$447,300 adjusted 1242 N Roger Hanks PKWY, Dripping Springs TX 78620 4bd / 2.0ba • 1,903 sqft • 0.1 mi Sold 11 months ago

$392,604 adjusted 578 Darley Oak DR, Dripping Springs TX 78620 4bd / 3.0ba • 1,963 sqft • 0.3 mi Sold 28 days ago

$412,171 adjusted 1023 North Roger Hanks Parkway, Dripping Springs TX 78620 3bd / 2.0ba • 1,903 sqft • 0.2 mi Sold 3 months ago

$379,080 adjusted 186 Grayson Elm PASS, Dripping Springs TX 78620 4bd / 3.0ba • 1,963 sqft • 0.3 mi Sold 2 days ago

Currently on Market

$449,990 174 Norway Spruce ST, Dripping Springs TX 78620 4bd / 2.0ba • 1,903 sqft • 0.4 mi 140 days on market

$469,990 140 Norway Spruce ST, Dripping Springs TX 78620 4bd / 2.0ba • 1,903 sqft • 0.4 mi 76 days on market

$449,042 162 Grayson Elm Pass, Dripping Springs TX 78620 3bd / 3.0ba • 1,931 sqft • 0.3 mi 34 days on market

4 Beds

2 Baths 2 Full

1,903 Sq Ft

0.1123 Acres

2023 Built

2 Garage

About This Property

This home is the same floorplan as our model in Heritage. We have it set up as a 4/2 with 1902sqft. This plan has an awesome flow to it. It is open but still has its designated spaces and super cozy. Gorgeous wood like tile has been set throughout all of the main areas. Kitchen is modern with white cabinets, white verigated quartz countertops and zero line appliances. The patio has been extended and the Bay Window has been added in the primary bedroom along with the large walkin shower. The great room is complete with the fireplace. From the master bedroom and living room you have views of the heavily treed back yard. Feel like your living in a tree house!! All doors have been upgraded to 8ft, larger baseboards, rocker switches, hardware on all cabinetry and the master shower is mud set with tile.

Features

Breakfast Bar
High Ceilings
Double Vanity
Electric Dryer Hookup
High Speed Internet
Kitchen Island
No Interior Steps
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Thermostat
Walk-In Closet(s)
Wired for Data
Wired for Sound

Location

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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

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

Heating Central, ENERGY STAR Qualified Equipment, Fireplace(s), Natural Gas, Zoned

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

County Hays

MLS # 1863333

Garage 2 spaces

HOA & Community

HOA Fee $500 /Annually

HOA Includes Common Area Maintenance

Listing History

MLS# 1863333 13 days

Aug 29, 2023	Off Market
Jun 20, 2023	Listed		$459,800

Frequently Asked Questions About 261 Kings Pine DR, Dripping Springs TX 78620

When was 261 Kings Pine DR, Dripping Springs TX 78620 built?

261 Kings Pine DR, Dripping Springs TX 78620 was built in 2023.

How much does 261 Kings Pine DR, Dripping Springs TX 78620 cost?

261 Kings Pine DR, Dripping Springs TX 78620 sold on August 29, 2023. Contact us for sale price details.

Similar Properties

$422,990 238 Sue Peaks LOOP, Dripping Springs TX 78620 4 bd | 2 ba

$410,000 162 El Capitan LOOP, Dripping Springs TX 78620 4 bd | 2 ba

$414,990 156 Heritage Forest PKWY, Dripping Springs TX 78620 4 bd | 3 ba

$414,990 579 Bishop Wood RD, Dripping Springs TX 78620 4 bd | 3 ba

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