4946 Ranch Road 165, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $739,865. To generate strong buyer interest while maximizing value, I'd price this between $825,000 and $853,000. With 0 comparable homes on the market in 78620, this price positions the property as no active comparable homes on the market. At 5.00 acres, the lot is smaller than the 13.04 acre comp average, which factors into pricing. The trend in 78620 shows prices have fallen 5.7% in the past 6 months. 1231 Montell Rd RD, Wimberley TX 78676 nearby adjusts to $825,412; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group