440 Leaning Oak TRL, Dripping Springs TX 78620

Dripping Springs, TX 78620 | None

Ed's Opinion of Value

$585,000 Ed's Estimate: $936,639 $7,000,000
Lowest Comp Recommended List: $918,000 to $955,000 Highest Comp

Listing History

$1,025,000 List Price
$932,957 Comp Value
1 Price Reductions

This property was listed at $1,025,000 and withdrawn after 80 days on market. The price was reduced from $1,049,000 to $1,025,000. This listing activity factors into the valuation.

The comparable sales data (7 recent transactions in 78620) supports an estimated value of $936,639. The data suggests a list price between $918,000 and $955,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 2 comparable homes on the market in 78620's current inventory. At 212 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1996 (11 years older than comps) is factored into the value estimate. The strength of this estimate comes from 7 directly comparable sales in 78620. 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
0 Beds
0 Baths
2,419 Sq Ft
10.05 Acres
1996 Built

About This Property

This beautiful ten-acre property is centrally located in the Hill Country, just off U.S. Hwy 290, approximately eight miles west of Dripping Springs and 32 miles from downtown Austin. The land has been cleared of cedar, and the oak trees have recently been trimmed in all four of the separately fenced pastures. It is conveniently located near many local attractions, such as the wine country in and around the Fredericksburg area (45 minutes), as well as Lakeway and Bee Cave (35 minutes), which include attractions such as the Highland Lakes, Reimers Ranch and Hamilton Pool Preserve. The Perdenales Falls Park is also just minutes away from the property. It is thirty minutes from the artisanal community of Wimberley. Finally, San Antonio and its metropolitan area is just an hour away via Highway 281.

This home, custom-built in 1996, features three bedrooms and two full bathrooms in the main house, as well as an additional studio, kitchenette, and full bath in the guest house. The main house features a large native stone fireplace that can utilize both propane and the abundant supply of oak firewood from the acreage. The custom storage is stained to match the feel of the property's surrounding country. The home, especially in the kitchen and the built-in bookshelves in the living room, provides considerable storage space along with the large bedroom closets. The large primary bedroom has a full bath with separate his and her closets and vanities. It also boasts a sunroom with breathtaking views just off the primary bedroom. A large two-car garage is near both the main and guest houses. Much of the value of this property is in the beautifully cleared and unrestricted 10 acres. The home has experienced a considerable number of recent upgrades and repairs and is move-in ready. Though, it is also a great opportunity for one to put their own mark on the existing home or by building a new homesite on the property.

Location

Schools

Property Details

Property Type Farm
Cooling Central Air
County Hays
MLS # 5109041

Tax Information

Annual Taxes (MLS) $7,498 (2023)

Listing History

MLS# 5109041 80 days (196 CDOM)
May 5, 2025 Off Market
Mar 21, 2025 Price Change $1,025,000
Feb 14, 2025 Listed $1,049,000

Frequently Asked Questions About 440 Leaning Oak TRL, Dripping Springs TX 78620

When was 440 Leaning Oak TRL, Dripping Springs TX 78620 built?

440 Leaning Oak TRL, Dripping Springs TX 78620 was built in 1996.

How much does 440 Leaning Oak TRL, Dripping Springs TX 78620 cost?

440 Leaning Oak TRL, Dripping Springs TX 78620 is currently off market.

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