388 Milkwood Terrace, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Heritage | Built by Tri Pointe Homes

Off Market

Exterior view of 388 Milkwood Terrace, Dripping Springs TX 78620

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Ed's Opinion of Value

$387,990 Ed's Estimate: $431,205 $464,137

Lowest Comp Recommended List: $418,000 to $444,000 Highest Comp

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $431,205. I'd recommend coming to market at $418,000 to $444,000 to strike the right balance between value and market velocity. In the current HERITAGE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Right now, 7 similar properties are competing for buyers in HERITAGE, listed between $379,990 and $449,042. The trend in HERITAGE shows prices have risen 2.4% in the past 6 months. 139 Great Sequoia Lane, Dripping Springs TX 78620 nearby adjusts to $417,983; a strong comparable. 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

HERITAGE Market Trends

$469,990 Median Sold Price ▲ 2.4% 6mo

$217/sqft Median $/SqFt ▲ 6.4% 6mo

72 days Avg Days on Market 31 days slower

36 homes Active Inventory 7 mo supply

96.5% Sale-to-List Ratio

31 Sales (6 months)

Recently Sold Comparables

$417,983 adjusted 139 Great Sequoia Lane, Dripping Springs TX 78620 3bd / 3.0ba • 1,951 sqft • 0.1 mi Sold 12 days ago

$464,137 adjusted 342 Heritage Forest Parkway, Dripping Springs TX 78620 4bd / 3.0ba • 2,002 sqft • 0.2 mi Sold 1 months ago

$431,182 adjusted 1023 North Roger Hanks Parkway, Dripping Springs TX 78620 3bd / 2.0ba • 1,903 sqft • 0.2 mi Sold 1 months ago

$446,750 adjusted 565 Darley Oak DR, Dripping Springs TX 78620 3bd / 2.0ba • 1,903 sqft • 0.2 mi Sold 1 months ago

$412,200 adjusted 1145 North Roger Hanks Parkway, Dripping Springs TX 78620 4bd / 3.0ba • 1,963 sqft • 0.1 mi Sold 10 months ago

Currently on Market

$387,990 162 Heritage Forest PKWY, Dripping Springs TX 78620 3bd / 3.0ba • 1,950 sqft • 0.1 mi 20 days on market

$387,990 501 Bishop Wood RD, Dripping Springs TX 78620 3bd / 3.0ba • 1,950 sqft • 0.3 mi 36 days on market

$387,990 150 Big Banyan DR, Dripping Springs TX 78620 3bd / 3.0ba • 1,950 sqft • 0.2 mi 67 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,951 Sq Ft

0.136 Acres

2025 Built

2 Garage

About This Property

While the primary suite lives like a private oasis on the main level, two secondary bedrooms and a loft are upstairs. This cozy two-story was designed to make a huge impact. From the vaulted space and modern staircase in the foyer, the layout feels bright, spacious and welcoming. A state-of-the-art kitchen features an oversized island and walk-in pantry. A covered patio makes the backyard a natural extension of your living space.

Features

Breakfast Bar
Ceiling Fan(s)
High Ceilings
Quartz Counters
Double Vanity
Electric Dryer Hookup
Entrance Foyer
High Speed Internet
Kitchen Island
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Home
Smart Thermostat
Walk-In Closet(s)
Washer Hookup
WaterSense Fixture(s)

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 Central Air

Heating Central, Natural Gas

Exterior Gutters Partial

County Hays

MLS # 6364489

Garage 2 spaces

HOA & Community

HOA Fee $600 /Annually

HOA Includes Common Area Maintenance

Listing History

MLS# 6364489 13 days

Nov 6, 2025	Off Market
Oct 9, 2025	Listed		$444,965

Frequently Asked Questions About 388 Milkwood Terrace, Dripping Springs TX 78620

When was 388 Milkwood Terrace, Dripping Springs TX 78620 built?

388 Milkwood Terrace, Dripping Springs TX 78620 was built in 2025.

How much does 388 Milkwood Terrace, Dripping Springs TX 78620 cost?

388 Milkwood Terrace, Dripping Springs TX 78620 sold on November 6, 2025. Contact us for sale price details.

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