501 Thomassen Ranch RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Thomassen Ranch

Off Market

Exterior view of 501 Thomassen Ranch RD, Dripping Springs TX 78620

Additional photos available to registered users

Ed's Opinion of Value

$858,269 Ed's Estimate: $1,246,085 $5,500,000

Lowest Comp Recommended List: $1,090,000 to $1,100,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $1,246,085. For a well positioned listing in THOMASSEN RANCH, I'd target the $1,090,000 to $1,100,000 range. Among the similar homes currently available in THOMASSEN RANCH, this price point stands out as competitive. Being 249 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. The active market in THOMASSEN RANCH includes 6 comparable homes priced from $899,000 to $5,500,000. Recent trends in 78620 show home values have fallen 5.4% since 6 months ago. The most comparable recent sale is 309 Hacienda PL, Dripping Springs TX 78620, with an adjusted value of $1,549,331; with a smaller floor plan. 7 comparable transactions in THOMASSEN RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78620 Market Trends

$615,000 Median Sold Price ▼ 5.4% 6mo

$248/sqft Median $/SqFt ▼ 1.2% 6mo

67 days Avg Days on Market 2 days slower

253 homes Active Inventory 5.7 mo supply

97.8% Sale-to-List Ratio

267 Sales (6 months)

Recently Sold Comparables

$1,549,331 adjusted 309 Hacienda PL, Dripping Springs TX 78620 4bd / 4.0ba • 3,675 sqft • 3.2 mi Sold 2 months ago

$1,144,243 adjusted 144 Prairie Clover DR, Dripping Springs TX 78620 4bd / 4.0ba • 3,733 sqft • 3 mi Sold 5 months ago

$1,088,651 adjusted 138 Yellow Bell RUN, Dripping Springs TX 78620 5bd / 4.0ba • 3,855 sqft • 2.9 mi Sold 6 days ago

$858,269 adjusted 110 Topaz CIR, Dripping Springs TX 78620 4bd / 5.0ba • 3,364 sqft • 3.3 mi Sold 2 months ago

$1,243,652 adjusted 715 Yellow Bell RUN, Dripping Springs TX 78620 4bd / 4.0ba • 3,643 sqft • 2.5 mi Sold 10 months ago

Currently on Market

$5,500,000 3340 Martin RD, Dripping Springs TX 78620 4bd / 5.0ba • 3,656 sqft • 1 mi 19 days on market

$2,885,500 TBD Mesa Alta LN, Dripping Springs TX 78620 4bd / 4.0ba • 3,916 sqft • 1.3 mi 37 days on market

$1,899,000 260 Corte Del Cedro DR, Dripping Springs TX 78620 6bd / 5.0ba • 4,033 sqft • 0.8 mi 243 days on market

4 Beds

5 Baths 4 Full, 1 Half

3,850 Sq Ft

5.1 Acres

2017 Built

3 Garage

About This Property

Vacant home turn-key ready to move in! This beautiful home was designed by Architect Curt Raymond of Design Visions of Austin. AG Exempt! The gorgeous property is situated on 5.1 acres and features exquisite details with views for miles. The modern home has a private master wing with private access to the pool & hot tub, a separate office, 2 separate walk-in master closets with built-in shelving and drawers, plus an amazing private patio. The home also boasts a large game room, separate dining area, open floor plan, large kitchen island, and each guest bedroom has an in-suite full bath. Aside from the priceless views, the home has a gated entry and the entire property is 100% fenced, has a 26,000 gallon rainwater system that services the home, plus a water well just for the irrigation, 1200 sq ft barn, outdoor kitchen, and a pool/spa that is simply breathtaking. This home has light restrictions, no HOA, and simply screams peace and tranquility. The list goes on and on. Full set of house plans available by request.

Property Highlights

Pool Heated, In Ground, Infinity, Pool/Spa Combo, Private

Features

Bar
High Ceilings
Vaulted Ceiling(s)
French Doors
Open Floorplan
Pantry
Primary Bedroom on Main
Walk-In Closet(s)

Location

Map loading...

Schools

School District Dripping Springs ISD

Elementary Walnut Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Residential

Flooring Concrete

Cooling Central Air

Heating Central

Exterior Barbecue, Gutters Full, Outdoor Grill, Private Yard

County Hays

MLS # 5880598

Garage 3 spaces

Listing History

MLS# 5880598 41 days

Sep 3, 2021	Off Market
Jul 16, 2021	Price Change	$1,999,999
Jun 21, 2021	Listed	$2,495,000

MLS# 4463212 51 days (262 CDOM)

Sep 9, 2019	Off Market
Jul 20, 2019	Listed		$1,224,999

MLS# 8391975 50 days

Mar 30, 2019	Off Market
Feb 8, 2019	Listed		$1,499,950

MLS# 8136087 211 days

Jul 19, 2019	Off Market
Dec 11, 2018	Listed		$1,695,000

MLS# 8821995 12 days

Apr 16, 2015	Off Market
Mar 14, 2015	Listed		$150,000

Frequently Asked Questions About 501 Thomassen Ranch RD, Dripping Springs TX 78620

When was 501 Thomassen Ranch RD, Dripping Springs TX 78620 built?

501 Thomassen Ranch RD, Dripping Springs TX 78620 was built in 2017.

How much does 501 Thomassen Ranch RD, Dripping Springs TX 78620 cost?

501 Thomassen Ranch RD, Dripping Springs TX 78620 sold on September 3, 2021. Contact us for sale price details.

Similar Properties

$1,849,000 8609 Bellancia DR, Austin TX 78738 4 bd | 5 ba

$1,900,000 100 Dario DR, Dripping Springs TX 78620 4 bd | 5 ba

$1,999,999 20516 Queen Bee LN, Spicewood TX 78669 4 bd | 5 ba

$1,749,000 743 Drifting Wind RUN, Dripping Springs TX 78620 4 bd | 5 ba

Browse More Properties

4-Bedroom Homes in Dripping Springs Homes over $1M in Dripping Springs All Homes for Sale in Dripping Springs Homes in 78620 Homes in Hays County Homes in Dripping Springs ISD All 4-Bedroom Homes Homes for Rent Land for Sale

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

Your Name *

Email Address *

Phone Number *

Message *

Are you currently working with an agent? *

I'd like to schedule a tour

I am pre-qualified for financing

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.