420 Mystic Overlook, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $816,963. If we were to list this property today, I'd recommend a list price in the $530,000 to $540,000 range. This home's position in the current MYSTIC CREEK market: the most expensive of 2 comparable homes on the market among comparable properties. The smaller floor plan (1,175 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 7 minus 3 of the comps had one. With 2 similar homes currently listed in MYSTIC CREEK (a buyer's market), competition is a factor to consider. The 6 month price trend in 78620: fallen 5.5%. The best comp here is 301 Mystic Overlook DR, Dripping Springs TX 78620 at an adjusted value of $702,810, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MYSTIC CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group