465 Martin RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | William H Haggard Survey

Ed's Opinion of Value

$734,160 Ed's Estimate: $1,245,654 $5,500,000
Lowest Comp Recommended List: $1,700,000 to $2,415,000 Highest Comp
Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,245,654. If we were to list this property today, I'd recommend a list price in the $1,700,000 to $2,415,000 range. Buyers shopping in 78620 right now would see this as a well positioned option among 4 comparable homes. Being 220 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 4 of the comps had one. There are currently 4 similar homes on the market in 78620, ranging from $1,150,000 to $5,500,000. The 6 month price trend in 78620: fallen 6.6%. The best comp here is 309 Hacienda PL, Dripping Springs TX 78620 at an adjusted value of $1,497,525, with a smaller floor plan. 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
4 Beds
5 Baths 4 Full, 1 Half
4,236 Sq Ft
15.023 Acres
1998 Built
2 Garage

About This Property

15 UNRESTRICTED acres of panoramic views & oaks surround this large family home. Gorgeous pool w/spa & waterfall, updated windows, water heaters, pool pump, etc. Large flex room upstairs has its own full bath. The area around the home is fully fenced & 14 acres are ag exempt. Mostly oak wood floors w/tile in wet areas. Kitchen opens to living room with granite breakfast bar, double ovens, reverse osmosis filter & maple cabinets. Large closets! 8K gal rainwater system & well. Short term rental opportunity!Guest Accommodations: Yes Restrictions: Yes

Property Highlights

Pool In Ground, Pool/Spa Combo, Waterfall

Features

  • Bookcases
  • Breakfast Bar
  • High Ceilings
  • Multiple Dining Areas
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior None
County Hays
MLS # 8035681
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $10,454 (2018)

Listing History

MLS# 8035681 133 days
Aug 14, 2019 Off Market
May 31, 2019 Pending
Apr 12, 2019 Price Change $899,000
Jan 18, 2019 Listed $949,000

Frequently Asked Questions About 465 Martin RD, Dripping Springs TX 78620

When was 465 Martin RD, Dripping Springs TX 78620 built?

465 Martin RD, Dripping Springs TX 78620 was built in 1998.

How much does 465 Martin RD, Dripping Springs TX 78620 cost?

465 Martin RD, Dripping Springs TX 78620 sold on August 14, 2019. Contact us for sale price details.

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