503 Oak Crest DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Sunset Canyon | Built by Dale Green

Ed's Opinion of Value

$1,172,700 Ed's Estimate: $1,397,990 $2,195,000
Lowest Comp Recommended List: $806,000 to $816,000 Highest Comp
Based on 3 closed sales in SUNSET CANYON, the data points to a value around $1,397,990 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $806,000 to $816,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in SUNSET CANYON's current inventory. This home's larger footprint (471 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.52 acres versus 1.59 for the typical comp. Current inventory shows 7 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. Market data shows SUNSET CANYON prices fallen 5.2% over the last half year. The closest comparable sale, 507 Terrace Canyon DR, Dripping Springs TX 78620 at an adjusted $1,391,700, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
5 Beds
4 Baths 4 Full
4,330 Sq Ft
1.519 Acres
2021 Built
3 Garage

About This Property

AGENTS, DO NOT SEND YOUR CLIENTS TO VIEW THIS HOME WITHOUT YOU. THIS IS AN ACTIVE CONSTRUCTION SITE. PLEASE TEXT ME PRIOR TO SHOWING YOUR CLIENTS. BUILDER IS ON SITE MOST OF THE TIME. Thank you! You will find this one of a kind custom home in the neighborhood of Sunset Canyon in Dripping Springs. A Dale Green original custom that is built with pride and detail that your buyers will notice more and more as the building process continues. The home located on this hill country homesite is estimated to be completed in January. The builder has selected to build this home with high end features such as 2X6 framing, spray foam insulation, two 17 seer TRANE® HVAC units, Thermador® appliance package, 54" built-in refrigerator/freezer, wine refrigerator, full PREP kitchen with a sink and an extra dishwasher within an oversized pantry, and also an oversized laundry room/mud room with a sink, hardwood floors throughout, and tile in wet areas, no carpet, black framed interior and exterior windows, and custom 10 foot wide steel front door, pre-wired for an electric car charger, pre-wired for a security system with cameras, down stairs and upstairs washer/dryer hookups, and room for a pool, just to name a few... The builder carefully planned this specific floor plan to be able to keep all the Oak Trees on the lot. This location has the best of so many things...you can be apart of the small town charm of Dripping Springs, one of the best independent school districts in the state (DSISD), only 10 minutes to the new Belterra Village Shopping Center, more commercial projects are being built right now, restaurants, stores, businesses, and still only 30 minutes from Downtown Austin!

Features

  • Ceiling Fan(s)
  • Kitchen Island
  • Multiple Dining Areas
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Thermostat
  • Storage
  • Walk-In Closet(s)

Location

Schools

Property Details

Property Type Residential
Flooring No Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Private Yard
County Hays
MLS # 5230181
Garage 3 spaces

HOA & Community

HOA Fee $35 /Annually

Listing History

MLS# 5230181 49 days (48 CDOM)
Apr 11, 2022 Off Market
Sep 28, 2021 Listed $1,950,000

Frequently Asked Questions About 503 Oak Crest DR, Dripping Springs TX 78620

When was 503 Oak Crest DR, Dripping Springs TX 78620 built?

503 Oak Crest DR, Dripping Springs TX 78620 was built in 2021.

How much does 503 Oak Crest DR, Dripping Springs TX 78620 cost?

503 Oak Crest DR, Dripping Springs TX 78620 sold on April 11, 2022. Contact us for sale price details.

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