404 Milkwood Terrace, Dripping Springs TX 78620

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

Off Market

Exterior view of 404 Milkwood Terrace, Dripping Springs TX 78620

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Ed's Opinion of Value

$375,960 Ed's Estimate: $381,488 $450,000

Lowest Comp Recommended List: $374,000 to $389,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $381,488. For a well positioned listing in HERITAGE, I'd target the $374,000 to $389,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in HERITAGE. The active market in HERITAGE includes 7 comparable homes priced from $339,935 to $450,000. Recent trends in HERITAGE show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 170 Grayson Elm Pass, Dripping Springs TX 78620, with an adjusted value of $400,136; a strong comparable. 7 comparable transactions in HERITAGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

HERITAGE Market Trends

$439,995 Median Sold Price ▼ 8.3% 6mo

$204/sqft Median $/SqFt ▲ 2.8% 6mo

105 days Avg Days on Market 54 days slower

18 homes Active Inventory 1.9 mo supply

97.2% Sale-to-List Ratio

58 Sales (6 months)

Recently Sold Comparables

$400,136 adjusted 170 Grayson Elm Pass, Dripping Springs TX 78620 3bd / 2.0ba • 1,603 sqft • 0.3 mi Sold 5 months ago

$388,180 adjusted 116 Norway Spruce ST, Dripping Springs TX 78620 3bd / 2.0ba • 1,739 sqft • 0.2 mi Sold 1 months ago

$375,960 adjusted 226 Grayson Elm PASS, Dripping Springs TX 78620 3bd / 2.0ba • 1,718 sqft • 0.3 mi Sold 5 months ago

$378,301 adjusted 194 Grayson Elm PASS, Dripping Springs TX 78620 3bd / 2.0ba • 1,485 sqft • 0.3 mi Sold 4 months ago

$385,970 adjusted 247 Grayson Elm PASS, Dripping Springs TX 78620 3bd / 2.0ba • 1,718 sqft • 0.3 mi Sold 7 months ago

Currently on Market

$399,996 225 Grayson Elm Pass, Dripping Springs TX 78620 3bd / 2.0ba • 1,603 sqft • 0.3 mi 23 days on market

$419,990 192 Bishop Wood RD, Dripping Springs TX 78620 3bd / 2.0ba • 1,739 sqft • 0.4 mi 51 days on market

$450,000 119 Cotton Tree TER, Dripping Springs TX 78620 3bd / 2.0ba • 1,690 sqft • 0.3 mi 26 days on market

3 Beds

2 Baths 2 Full

1,603 Sq Ft

0.129 Acres

2025 Built

2 Garage

About This Property

This home feels naturally spacious with windows throughout the great room and casual dining, bringing in lots of natural light. The layout is seamless, too. The kitchen is centered in the heart of the home, making it the perfect place to welcome guests or keep an eye on the kids while prepping dinner. A covered patio adds outdoor living space. Plus, the primary suite is at the rear of the home for privacy, while two additional bedrooms share a bath conveniently close to the laundry room.

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 # 1876648

Garage 2 spaces

HOA & Community

HOA Fee $600 /Annually

HOA Includes Common Area Maintenance

Listing History

MLS# 1876648 14 days

Dec 5, 2025	Off Market
Oct 23, 2025	Listed		$415,126

Frequently Asked Questions About 404 Milkwood Terrace, Dripping Springs TX 78620

When was 404 Milkwood Terrace, Dripping Springs TX 78620 built?

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

How much does 404 Milkwood Terrace, Dripping Springs TX 78620 cost?

404 Milkwood Terrace, Dripping Springs TX 78620 sold on December 5, 2025. Contact us for sale price details.

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