508 Shadywood LN, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Hidden Spgs Ranch

Ed's Opinion of Value

$735,000 Ed's Estimate: $878,825 $987,723
Lowest Comp Recommended List: $895,000 to $913,000 Highest Comp
Based on 3 closed sales in HIDDEN SPGS RANCH, the data points to a value around $878,825 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $895,000 to $913,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in HIDDEN SPGS RANCH's current inventory. The 130 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.28 acres versus 1.10 for the typical comp. Current inventory shows 3 comparable homes in HIDDEN SPGS RANCH; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 6.3% over the last half year. The closest comparable sale, 547 Broken Lance DR, Dripping Springs TX 78620 at an adjusted $798,059, 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
4 Beds
3 Baths
3,459 Sq Ft
1.28 Acres
2007 Built

About This Property

Restrictions: Yes

Location

Schools

School District Dripping Springs ISD

Property Details

Property Type Residential
Heating None
Exterior None
County Hays
MLS # 8242404

HOA & Community

HOA Fee $480 /Annually
HOA Includes Common Area Maintenance, Insurance, See Remarks

Listing History

MLS# 8242404 3 days
Jun 22, 2022 Off Market
May 13, 2022 Listed $1,100,000

Frequently Asked Questions About 508 Shadywood LN, Dripping Springs TX 78620

When was 508 Shadywood LN, Dripping Springs TX 78620 built?

508 Shadywood LN, Dripping Springs TX 78620 was built in 2007.

How much does 508 Shadywood LN, Dripping Springs TX 78620 cost?

508 Shadywood LN, Dripping Springs TX 78620 sold on June 22, 2022. Contact us for sale price details.

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