495 Mt Gainor RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | A0222 Benjamin F Hanna Survey

Off Market

Exterior view of 495 Mt Gainor RD, Dripping Springs TX 78620

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Ed's Opinion of Value

$527,500 Ed's Estimate: $661,619 $952,802

Lowest Comp Recommended List: $502,000 to $512,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $661,619. To generate strong buyer interest while maximizing value, I'd price this between $502,000 and $512,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in A0222 BENJAMIN F HANNA SURVEY. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. The 1989 construction puts this home 26 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in A0222 BENJAMIN F HANNA SURVEY (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 5% in the past 6 months. 339 Climbing Rock LOOP, Dripping Springs TX 78620 nearby adjusts to $567,627; with no pool. 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

78620 Market Trends

$615,000 Median Sold Price ▼ 5% 6mo

$248/sqft Median $/SqFt ▼ 0.6% 6mo

67 days Avg Days on Market 2 days slower

253 homes Active Inventory 5.7 mo supply

97.7% Sale-to-List Ratio

265 Sales (6 months)

Recently Sold Comparables

$567,627 adjusted 339 Climbing Rock LOOP, Dripping Springs TX 78620 3bd / 2.0ba • 2,242 sqft • 1.1 mi Sold 1 months ago

$822,339 adjusted 164 Lone Wolf CT, Dripping Springs TX 78620 3bd / 2.0ba • 2,303 sqft • 1.8 mi Sold 7 months ago

$952,802 adjusted 120 Oak Springs DR, Dripping Springs TX 78620 4bd / 2.0ba • 2,145 sqft • 2.8 mi Sold 2 months ago

$529,789 adjusted 279 Fish Trap RD, Dripping Springs TX 78620 2bd / 2.0ba • 1,909 sqft • 1.1 mi Sold 29 days ago

$549,475 adjusted 170 Pink Granite BLVD, Dripping Springs TX 78620 3bd / 2.0ba • 2,298 sqft • 1.4 mi Sold 2 months ago

Currently on Market

$600,000 191 Bonnie DR, Dripping Springs TX 78620 3bd / 2.0ba • 2,159 sqft • 1.4 mi 4 days on market

$527,500 146 Red Granite DR, Dripping Springs TX 78620 3bd / 3.0ba • 2,146 sqft • 1.3 mi 1 days on market

$675,000 509 Meadow Oaks DR, Dripping Springs TX 78620 3bd / 3.0ba • 2,342 sqft • 2 mi 1 days on market

2 Beds

2 Baths 2 Full

2,208 Sq Ft

30 Acres

1989 Built

2 Garage

About This Property

495 Mt. Gainor Rd. - charming 2-bedroom ranch home on stunning 30.00 acre tract on the banks of and bluffs above historic Onion Creek and less than 3 miles to downtown Dripping Springs. With very light and easy restrictions, incredibly low taxes (wildlife tax exemption in place) and no HOA, panoramic Hill Country and pastoral views, private Onion Creek access (via a shared Mesa Del Arroyo owner creekside pavilion) as well as 4250 linear feet of creek access, individual gated entrance and paved driveway to home overlooking the creek, gorgeous pastures and hills. There's an incredible variety of trees, plants, wildlife and wide open spaces under big Texas skies and with lots of elbow room to enjoy. Extremely convenient to nearby vineyards, dining, retail, grocery, entertainment, schools, churches and nature parks and preserve. Sought - after Dripping Springs ISD and abundant opportunities to enjoy the good life in the heart of the Central Texas Hill Country. Inquire with Listing Agent for more info or to schedule a private tour.

Property Highlights

Pool Gunite, In Ground, Outdoor Pool

Features

Breakfast Bar
Beamed Ceilings
Quartz Counters
Electric Dryer Hookup
French Doors
High Speed Internet
Interior Steps
Kitchen Island
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)

Location

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Schools

School District Dripping Springs ISD

Elementary Walnut Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior Garden, See Remarks

County Hays

MLS # 7109205

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $259 (2022)

Listing History

MLS# 7109205

Sep 18, 2023	Off Market
Sep 18, 2023	Listed		$3,100,000

Frequently Asked Questions About 495 Mt Gainor RD, Dripping Springs TX 78620

When was 495 Mt Gainor RD, Dripping Springs TX 78620 built?

495 Mt Gainor RD, Dripping Springs TX 78620 was built in 1989.

How much does 495 Mt Gainor RD, Dripping Springs TX 78620 cost?

495 Mt Gainor RD, Dripping Springs TX 78620 sold on September 18, 2023. Contact us for sale price details.

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