418 Cattle Trail DR, Dripping Springs TX 78620

After reviewing 7 recent transactions in 78620, I estimate this property's value at $5,330,681. A competitive list price for this home right now would fall in the $5,224,000 to $5,437,000 range. Relative to what's currently available in 78620, this home would be no active comparable homes on the market. This home's larger footprint (4,470 sqft vs the comp average) plays a role in how the market prices it. The larger lot (21.30 acres versus the area average of 0.59) contributes to the valuation. Prices in 78620 have fallen 5.4% over the last 6 months. A similar home at 1225 Grassy Field RD, Austin TX 78737 carries an adjusted comparable value of $1,204,299, providing a strong data point. With 7 comparable sales in 78620, 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