576 Chama TRCE, Dripping Springs TX 78620

Off Market

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Ed's Opinion of Value

$530,713 Ed's Estimate: $681,216 $967,770

Lowest Comp Recommended List: $661,000 to $702,000 Highest Comp

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $681,216. Pricing this home between $661,000 and $702,000 would put it in the competitive sweet spot for CHAMA. This home's position in the current CHAMA market: below the only comparable home currently on the market among comparable properties. The larger lot (2.00 acres versus the area average of 1.36) contributes to the valuation. With 1 similar homes currently listed in CHAMA (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 8.3% over the last half year. The closest comparable sale, 642 Chama TRCE, Dripping Springs TX 78620 at an adjusted $772,672, is with a larger floor plan. With 7 comparable sales in CHAMA, 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

$589,998 Median Sold Price ▼ 8.3% 6mo

$241/sqft Median $/SqFt ▼ 3.8% 6mo

66 days Avg Days on Market 5 days faster

244 homes Active Inventory 4.7 mo supply

97.7% Sale-to-List Ratio

314 Sales (6 months)

Recently Sold Comparables

$772,672 adjusted 642 Chama TRCE, Dripping Springs TX 78620 3bd / 3.0ba • 2,800 sqft • 0.1 mi Sold 7 months ago

$729,354 adjusted 432 Chama TRCE, Dripping Springs TX 78620 4bd / 2.0ba • 2,219 sqft • 0.2 mi Sold 4 months ago

$723,085 adjusted 211 E Creek DR, Dripping Springs TX 78620 4bd / 3.0ba • 2,426 sqft • 1.4 mi Sold 8 months ago

$733,176 adjusted 812 Post Oak DR, Dripping Springs TX 78620 4bd / 3.0ba • 2,574 sqft • 2 mi Sold 6 months ago

$530,713 adjusted 169 Grayson Elm Pass, Dripping Springs TX 78620 4bd / 3.0ba • 2,589 sqft • 3.9 mi Sold 7 days ago

Currently on Market

$967,770 221 Charro Vista DR, Driftwood TX 78619 4bd / 3.0ba • 2,507 sqft • 2.4 mi 1 days on market

4 Beds

3 Baths 2 Full, 1 Half

2,576 Sq Ft

2 Acres

2008 Built

2 Garage

About This Property

Located in small secluded gated, well sought after community Chama Trace. Imagine the possibilities, located on 2 acres, this home has many upgrades and designer touches. All rooms are on the main level, included bonus/game room upstairs. Master bedroom retreat features a large walk in shower, jetted tub, french doors the lead to the private backyard. kitchen is perfect for entertaining, double oven, stainless steel appliances, granite counter tops, lots of counter space and storage, opens to living room. Living room features, can lighting, custom stone fireplace, unique beamed ceilings, and lots of unique touches. Tile through out first floor, granite in all bathrooms, Jack and jill restroom. Horses, chickens and 4H projects welcome!

Features

Beamed Ceilings
Crown Molding
French Doors
In-Law Floorplan
Kitchen Island
Primary Bedroom on Main

Location

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Schools

School District Dripping Springs ISD

Elementary Walnut Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air, Electric

Heating Central, Propane

Exterior Gutters Partial, Private Entrance, Private Yard

County Hays

MLS # 9537568

Garage 2 spaces

HOA & Community

HOA Fee $315 /Annually

HOA Includes Maintenance Grounds

Listing History

MLS# 9537568 25 days (24 CDOM)

Jul 28, 2021	Off Market
May 27, 2021	Price Change	$835,000
May 8, 2021	Listed	$849,900

Frequently Asked Questions About 576 Chama TRCE, Dripping Springs TX 78620

When was 576 Chama TRCE, Dripping Springs TX 78620 built?

576 Chama TRCE, Dripping Springs TX 78620 was built in 2008.

How much does 576 Chama TRCE, Dripping Springs TX 78620 cost?

576 Chama TRCE, Dripping Springs TX 78620 sold on July 28, 2021. Contact us for sale price details.

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