550 Loop 165, Dripping Springs TX 78620

Dripping Springs, TX 78620 | none

Ed's Opinion of Value

$610,980 Ed's Estimate: $1,243,027 $2,950,000
Lowest Comp Recommended List: $808,000 to $818,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,243,027. I'd recommend coming to market at $808,000 to $818,000 to strike the right balance between value and market velocity. In the current 78620 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 664 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2002, this home is 7 years older than the average comp, which is reflected in the adjustments. There are currently 3 similar homes on the market in 78620, ranging from $839,500 to $2,950,000. The trend in 78620 shows prices have fallen 5.5% in the past 6 months. 1276 CANYON CROSSING VW, Dripping Springs TX 78620 nearby adjusts to $1,931,980; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 3 Full
3,442 Sq Ft
10.01 Acres
2002 Built
2 Garage

About This Property

Stunning home on over ten acres of serene land just outside of the town of Dripping Springs. It's a perfect place to call home for those who want peace and serenity but still be close in. The home has been completely remodeled over the last couple of years. --inside and out. Move right in. The kitchen is beautiful w/leather finish granite countertops, new sink, new electric range-top, glass subway tile backsplash to the ceiling, tile floors -the works. The living room has a pitched ceiling with wood beams and opens to the kitchen on one side and faces a gorgeous rock wall and fireplace w/mantel on the other. The open floor plan offers 3 full bedrooms, a second story game room, dining room, breakfast room, separate study and a sun room. And, you can enjoy looking at the stars from the hot tub on the back deck that's covered by the 50'x10' pergola. Or, meditate next to the coy pond. The roof is a 25 gauge standing seam metal roof and the area around the house is fenced to be able to enjoy the wildlife with them coming inside. The front and back yard professionally landscaped. Although the home was originally built in 2002 -- it feels like a new home. See attachment that includes all of the upgrades and improvements. Current Ag Exemption. May transfer if qualify.

Features

  • 2 Primary Suites
  • Ceiling Fan(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Granite Counters
  • Eat-in Kitchen
  • Entrance Foyer
  • In-Law Floorplan
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central, Fireplace(s), Zoned
Exterior Private Yard
County Hays
MLS # 7601380
Garage 2 spaces

Listing History

MLS# 7601380 21 days
Oct 22, 2021 Off Market
Aug 20, 2021 Listed $999,950

Frequently Asked Questions About 550 Loop 165, Dripping Springs TX 78620

When was 550 Loop 165, Dripping Springs TX 78620 built?

550 Loop 165, Dripping Springs TX 78620 was built in 2002.

How much does 550 Loop 165, Dripping Springs TX 78620 cost?

550 Loop 165, Dripping Springs TX 78620 sold on October 22, 2021. Contact us for sale price details.

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