307 Cathedral Mountain DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Big Sky Ranch | Built by Meritage Homes

Off Market

Exterior view of 307 Cathedral Mountain DR, Dripping Springs TX 78620

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Ed's Opinion of Value

$538,380 Ed's Estimate: $581,324 $698,900

Lowest Comp Recommended List: $627,000 to $655,000 Highest Comp

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $581,324. I'd recommend coming to market at $627,000 to $655,000 to strike the right balance between value and market velocity. In the current BIG SKY RANCH market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. This home's larger footprint (273 sqft vs the comp average) plays a role in how the market prices it. The 0.18 acre lot (larger than the 0.14 acre average) is reflected in the estimate. 3 similar homes are currently available in BIG SKY RANCH, creating a buyer's market for this price range. The trend in BIG SKY RANCH shows prices have fallen 20.4% in the past 6 months. 406 Sue Peaks LOOP, Dripping Springs TX 78620 nearby adjusts to $538,380; a strong comparable. Based on 4 relevant data points in BIG SKY RANCH, 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

BIG SKY RANCH Market Trends

$430,000 Median Sold Price ▼ 20.4% 6mo

$210/sqft Median $/SqFt ▲ 31.3% 6mo

67 days Avg Days on Market 37 days slower

10 homes Active Inventory 4 mo supply

97.3% Sale-to-List Ratio

15 Sales (6 months)

Recently Sold Comparables

$538,380 adjusted 406 Sue Peaks LOOP, Dripping Springs TX 78620 5bd / 4.0ba • 3,355 sqft • 0.2 mi Sold 6 months ago

$592,133 adjusted 251 Cathedral Mountain DR, Dripping Springs TX 78620 5bd / 4.0ba • 3,269 sqft • 0.1 mi Sold 1 months ago

$605,808 adjusted 489 El Capitan LOOP, Dripping Springs TX 78620 5bd / 3.0ba • 2,852 sqft • 0.2 mi Sold 4 months ago

$627,107 adjusted 462 El Capitan LOOP, Dripping Springs TX 78620 5bd / 3.0ba • 2,852 sqft • 0.2 mi Sold 3 months ago

Currently on Market

$654,990 214 Cathedral Mountain DR, Dripping Springs TX 78620 5bd / 4.0ba • 3,355 sqft • 0.1 mi 19 days on market

$619,990 238 Cathedral Mountain DR, Dripping Springs TX 78620 5bd / 4.0ba • 3,355 sqft • 0.1 mi 90 days on market

$698,900 235 Senna DR, Dripping Springs TX 78620 4bd / 4.0ba • 3,701 sqft • 1.3 mi 28 days on market

5 Beds

4 Baths 4 Full

3,355 Sq Ft

0.18 Acres

2024 Built

3 Garage

About This Property

Brand new, energy-efficient home available by May 2024! Unwind in the Revere's primary suite or private study, while the kids enjoy the media and extended game rooms upstairs. Linen cabinets with white granite countertops, brown-grey EVP flooring with multi-tone carpet in our Elemental package. Starting in the mid $400s, the Executive Collection in Big Sky Ranch is located in the heart of Dripping Springs and offers eight single and two-story floorplans ranging from 1,893 - 3,355 sq. ft. Look forward to 48 acres of parkland, a 3.1-acre amenity center with a pool, splash pad and playground, plus trails with connectivity to Founders Memorial Park. Kids will love the award-winning Dripping Spring ISD. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Features

Breakfast Bar
Ceiling Fan(s)
High Ceilings
Double Vanity
Electric Dryer Hookup
Kitchen Island
Low Flow Plumbing Fixtures
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Thermostat
Soaking Tub
Walk-In Closet(s)
Washer Hookup

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 Carpet, Vinyl

Cooling Central Air, Electric, ENERGY STAR Qualified Equipment, Zoned

Heating ENERGY STAR Qualified Equipment, Heat Pump

Exterior Gutters Full, Lighting, Pest Tubes in Walls, Private Yard

County Hays

MLS # 8610004

Parking

Garage 3 spaces

HOA & Community

HOA Fee $45 /Monthly

HOA Includes Common Area Maintenance, Maintenance Grounds

Listing History

MLS# 8610004 18 days

Jun 28, 2024	Off Market
May 3, 2024	Listed		$629,990

Frequently Asked Questions About 307 Cathedral Mountain DR, Dripping Springs TX 78620

When was 307 Cathedral Mountain DR, Dripping Springs TX 78620 built?

307 Cathedral Mountain DR, Dripping Springs TX 78620 was built in 2024.

How much does 307 Cathedral Mountain DR, Dripping Springs TX 78620 cost?

307 Cathedral Mountain DR, Dripping Springs TX 78620 sold on June 28, 2024. Contact us for sale price details.

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