485 Cypress Springs DR, Dripping Springs TX 78619

Dripping Springs, TX 78619 | Howard Ranch | Built by Flatcreek

Ed's Opinion of Value

$967,770 Ed's Estimate: $1,145,760 $1,275,495
Lowest Comp Recommended List: $1,123,000 to $1,169,000 Highest Comp
The comparable sales data (3 recent transactions in HOWARD RANCH) supports an estimated value of $1,145,760. The data suggests a list price between $1,123,000 and $1,169,000 would attract qualified buyers without leaving money on the table. This home's position in the current HOWARD RANCH market: the most expensive of 2 comparable homes on the market among comparable properties. The smaller floor plan (408 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 1.25 acres versus 0.98 for the typical comp. Right now, 2 similar properties are competing for buyers in HOWARD RANCH, listed between $967,770 and $1,209,000. Prices in HOWARD RANCH have risen 0.7% over the last 6 months. A similar home at 196 Cypress Springs DR, Driftwood TX 78619 carries an adjusted comparable value of $1,275,495, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in HOWARD 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
4 Beds
4 Baths
2,780 Sq Ft
1.25 Acres

Location

Property Details

Property Type Residential
County Hays
MLS # 3063037

Listing History

MLS# 3063037
Nov 9, 2018 Off Market
Oct 9, 2018 Listed $635,000

Frequently Asked Questions About 485 Cypress Springs DR, Dripping Springs TX 78619

How much does 485 Cypress Springs DR, Dripping Springs TX 78619 cost?

485 Cypress Springs DR, Dripping Springs TX 78619 sold on November 9, 2018. Contact us for sale price details.

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