480 S Oak Forest DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 | River Oaks Ranch

Ed's Opinion of Value

$393,750 Ed's Estimate: $707,985 $857,980
Lowest Comp Recommended List: $454,000 to $464,000 Highest Comp
The comparable sales data (7 recent transactions in RIVER OAKS RANCH) supports an estimated value of $707,985. The data suggests a list price between $454,000 and $464,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in RIVER OAKS RANCH, this home would be the 4th most expensive of 7 comparable homes on the market. Lot size matters here: 27.86 acres versus 3.20 for the typical comp. Buyers in RIVER OAKS RANCH have 7 comparable options right now, with asking prices between $393,750 and $1,200,000. Prices in 78620 have fallen 3.9% over the last 6 months. A similar home at 251 Oak Grove DR, Dripping Springs TX 78620 carries an adjusted comparable value of $857,980, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in RIVER OAKS RANCH. 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
Baths
2,170 Sq Ft
27.86 Acres
1994 Built

About This Property

The 480 is a turnkey equestrian property located just a short drive from Dripping Springs, TX. This 28 acre property boasts a beautiful custom brick home that has 3 suites and recently been renovated. Outside you will find a beautiful pool overlooking the Dripping Springs area.There are 2 first class horse barns with a total of 18 stalls, 18 large turnouts, and a 200x125 covered riding arena. There are multiple riding trails throughout the property that weave in and out of mature live oak trees.

Location

Schools

Property Details

Property Type Farm
County Hays
MLS # 3528576

Listing History

MLS# 3528576 51 days (201 CDOM)
Sep 1, 2022 Off Market
May 24, 2022 Listed $3,900,000

Frequently Asked Questions About 480 S Oak Forest DR, Dripping Springs TX 78620

When was 480 S Oak Forest DR, Dripping Springs TX 78620 built?

480 S Oak Forest DR, Dripping Springs TX 78620 was built in 1994.

How much does 480 S Oak Forest DR, Dripping Springs TX 78620 cost?

480 S Oak Forest DR, Dripping Springs TX 78620 sold on September 1, 2022. Contact us for sale price details.

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