500 Shelton Ranch RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Hanna - Hanna Hill Subd-hanna

Off Market

Exterior view of 500 Shelton Ranch RD, Dripping Springs TX 78620

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Ed's Opinion of Value

$295,916 Ed's Estimate: $462,402 $654,213

Lowest Comp Recommended List: $453,000 to $472,000 Highest Comp

Listing History

$899,900 List Price

$444,173 Comp Value

1 Price Reductions

This property was listed at $899,900 and expired after 238 days on market. The price was reduced from $975,000 to $899,900. This listing activity factors into the valuation.

My analysis of 7 comparable properties puts this home's estimated value at $462,402. Based on how the local market is moving, a list price between $453,000 and $472,000 would position this home well. This home's position in the current HANNA - HANNA HILL SUBD-HANNA market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being 182 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 22 years older than typical comps, the 1978 build date influences the valuation. With 7 comparable sales in HANNA - HANNA HILL SUBD-HANNA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78620 Market Trends

$613,000 Median Sold Price ▼ 5.7% 6mo

$247/sqft Median $/SqFt ▼ 1.6% 6mo

67 days Avg Days on Market 2 days slower

254 homes Active Inventory 5.7 mo supply

97.8% Sale-to-List Ratio

269 Sales (6 months)

Recently Sold Comparables

$477,289 adjusted 500 Shelton Ranch RD, Dripping Springs TX 78620 1bd / 1.0ba • 1,352 sqft • 0 mi Sold 5 months ago

$469,024 adjusted 360 Little Barton DR, Dripping Springs TX 78620 4bd / 2.0ba • 1,400 sqft • 1.3 mi Sold 10 months ago

$445,974 adjusted 251 Barton Meadow DR, Dripping Springs TX 78620 3bd / 2.0ba • 1,438 sqft • 1.1 mi Sold 7 months ago

$654,213 adjusted 251 Oak Grove DR, Dripping Springs TX 78620 3bd / 2.0ba • 2,160 sqft • 1.3 mi Sold 2 months ago

$295,916 adjusted 381 Darley Oak DR, Dripping Springs TX 78620 3bd / 2.0ba • 1,483 sqft • 1.9 mi Sold 15 days ago

Currently on Market

$560,000 2591 Spring Valley DR, Dripping Springs TX 78620 3bd / 1.0ba • 1,444 sqft • 1.1 mi 16 days on market

$400,000 500 Grand Prairie CIR, Dripping Springs TX 78620 3bd / 2.0ba • 1,431 sqft • 2.3 mi 129 days on market

$495,000 450 and 500 Springlake DR, Dripping Springs TX 78620 2bd / 2.0ba • 1,420 sqft • 1.6 mi 114 days on market

1 Beds

1 Baths 1 Full

1,352 Sq Ft

9.994 Acres

1978 Built

About This Property

Snuggled on a Hillside! Two legal lots each 4.8+ acres for a combined total of 9.99 acres with small rock house which would make a great getaway retreat or future guest house. Amazing hill country views on a private hill top with endless opportunities off a paved county road accessible by each lot. There is also a flat higher hill top build site near the small house for future larger custom home if desired. This property has some nice oaks and is gently sloped on both sides with eastern side sloping to a wet weather creek. The location is highly desirable being only minutes from downtown Dripping Springs and in highly rated Dripping Springs ISD. Well is in need of repairs, see attached estimate for details. Very few properties come available in this area, so don't wait around this is a must see.

Features

Ceiling Fan(s)
Beamed Ceilings
Laminate Counters
Eat-in Kitchen
Primary Bedroom on Main
Washer Hookup

Location

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Schools

School District Dripping Springs ISD

Elementary Dripping Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Residential

Flooring Laminate, Tile

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Electric

Exterior Exterior Steps

County Hays

MLS # 1092392

Listing History

MLS# 1092392 238 days

May 29, 2025	Off Market
May 13, 2025	Price Change	$899,900
Oct 3, 2024	Listed	$1,200,000

Frequently Asked Questions About 500 Shelton Ranch RD, Dripping Springs TX 78620

When was 500 Shelton Ranch RD, Dripping Springs TX 78620 built?

500 Shelton Ranch RD, Dripping Springs TX 78620 was built in 1978.

How much does 500 Shelton Ranch RD, Dripping Springs TX 78620 cost?

500 Shelton Ranch RD, Dripping Springs TX 78620 is currently off market.

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