328 Milkwood TER, Dripping Springs TX 78620

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

Off Market

Exterior view of 328 Milkwood TER, Dripping Springs TX 78620

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Ed's Opinion of Value

$462,157 Ed's Estimate: $483,306 $499,990

Lowest Comp Recommended List: $507,000 to $565,000 Highest Comp

My analysis of 7 comparable properties puts this home's estimated value at $483,306. Based on how the local market is moving, a list price between $507,000 and $565,000 would position this home well. This home's position in the current HERITAGE market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. With 7 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 209 Grayson Elm PASS, Dripping Springs TX 78620 at an adjusted value of $478,790, a strong comparable. With 7 comparable sales in HERITAGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, 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

$478,790 adjusted 209 Grayson Elm PASS, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.3 mi Sold 3 months ago

$480,245 adjusted 536 Darley Oak DR, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.2 mi Sold 3 months ago

$488,972 adjusted 241 Grayson Elm PASS, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.3 mi Sold 3 months ago

$469,245 adjusted 151 Great Sequoia LN, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.1 mi Sold 7 months ago

$462,157 adjusted 1113 N Roger Hanks PKWY, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.2 mi Sold 6 months ago

Currently 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

$499,990 185 Grayson Elm PASS, Dripping Springs TX 78620 5bd / 4.0ba • 2,716 sqft • 0.3 mi 39 days on market

5 Beds

4 Baths 4 Full

2,718 Sq Ft

0.135 Acres

2025 Built

2 Garage

About This Property

This stunning 5 bed/ 4 bath home is a must see! The first floor features 2 bedrooms and 2 bathrooms on the main floor, and 3 bedrooms with 2 bathrooms upstairs.
As you step inside, you are greeted by a spacious 2-story layout that exudes comfort and airiness. The heart of this home is the beautifully designed kitchen, a true chef's delight. With ample counter space, sleek cabinetry, and modern appliances, this kitchen is perfect for culinary adventures or casual dining.
The open floorplan seamlessly connects the kitchen to the living area, creating an ideal space for entertaining guests or relaxing with family. Abundant natural light floods the home, adding warmth and charm to every corner.
Some upgrades in this home include luxury vinyl plank flooring, painted cabinets, quartz countertops, tile, and more. Great open plan with a large back patio. All doors have been upgraded to 8ft. This home is walkable to the neighborhood pocket park and the coming soon pool! Contact us today to learn more about the Balitmore plan!

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
Walk-In Closet(s)
Wired for Data

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, Vinyl

Cooling Ceiling Fan(s), Central Air, 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 # 2546965

Parking

Garage 2 spaces

HOA & Community

HOA Fee $600 /Annually

HOA Includes Maintenance Grounds

Listing History

MLS# 2546965 - Updated Mar 29, 2026 54 days

Jul 23, 2025	Off Market
May 28, 2025	Price Change	$474,990
May 14, 2025	Listed	$479,990

Frequently Asked Questions About 328 Milkwood TER, Dripping Springs TX 78620

When was 328 Milkwood TER, Dripping Springs TX 78620 built?

328 Milkwood TER, Dripping Springs TX 78620 was built in 2025.

How much does 328 Milkwood TER, Dripping Springs TX 78620 cost?

328 Milkwood TER, Dripping Springs TX 78620 sold on July 23, 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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