401 Ellis RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Edward Brown Survey

Ed's Opinion of Value

$360,950 Ed's Estimate: $460,195 $649,000
Lowest Comp Recommended List: $446,000 to $474,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $460,195. Pricing this home between $446,000 and $474,000 would put it in the competitive sweet spot for EDWARD BROWN SURVEY. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in EDWARD BROWN SURVEY's current inventory. At 33 years older than typical comps, the 1978 build date influences the valuation. The larger lot (2.51 acres versus the area average of 0.85) contributes to the valuation. Current inventory shows 7 comparable homes in EDWARD BROWN SURVEY; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 6.3% over the last half year. The closest comparable sale, 300 Oak Springs DR, Dripping Springs TX 78620 at an adjusted $515,977, is a strong comparable. The comp data here (7 sales in EDWARD BROWN SURVEY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
4 Beds
3 Baths 2 Full, 1 Half
1,862 Sq Ft
2.513 Acres
1978 Built
1 Garage

About This Property

Classic Texas Country Cottage in Dripping Springs on 2.5 acres surrounded by beautiful trees and backs to ranch land. This well maintained 4 bedroom, 2.5 bath home sits tucked off a main road allowing for the convenience of quick zips into town while not sacrificing privacy. The updated kitchen boasts quartz countertops, stainless appliances and freshly painted cabinets. Enjoy your meals or a cold ice tea on the adorable screened in breezeway adjacent to the kitchen. The main level also features a living area with wood burning fireplace and longleaf pine floors and the primary bedroom with completely remodeled en suite. There is one more bedroom/office on the main level and the cutest hidden half bath tucked under the stairs. Follow the narrow staircase to two upper bedrooms and fully updated bath. Dormers look out over the land where you can keep an eye on your chickens in their coop or gaze at the stars in the dark sky. The land features a workshop for all your projects, dog run and vegetable garden. There is also a tree filled pasture for keeping farm animals, nature trail or hammock land. Top rated Dripping Springs Schools, Low tax rate and no HOA make this an ideal property!

Features

  • Cedar Closet(s)
  • Quartz Counters
  • Electric Dryer Hookup
  • Primary Bedroom on Main

Location

Schools

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central, Fireplace(s)
Exterior Dog Run, Garden, Gray Water System, Private Yard
County Hays
MLS # 8336995
Garage 1 spaces

HOA & Community

HOA Fee $247 /Annually
HOA Includes Trash, See Remarks

Tax Information

Annual Taxes (MLS) $5,971 (2021)

Listing History

MLS# 8336995 28 days
Jul 5, 2023 Off Market
May 18, 2023 Listed $699,000

Frequently Asked Questions About 401 Ellis RD, Dripping Springs TX 78620

When was 401 Ellis RD, Dripping Springs TX 78620 built?

401 Ellis RD, Dripping Springs TX 78620 was built in 1978.

How much does 401 Ellis RD, Dripping Springs TX 78620 cost?

401 Ellis RD, Dripping Springs TX 78620 sold on July 5, 2023. Contact us for sale price details.

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