586 Cattle Trail DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,489,604. I'd recommend coming to market at $1,253,000 to $1,263,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in DRIPPING SPGS RANCH, this price positions the property as the most expensive of 2 comparable homes on the market. This home's larger footprint (392 sqft vs the comp average) plays a role in how the market prices it. The 21.07 acre lot (larger than the 3.80 acre average) is reflected in the estimate. 2 similar homes are currently available in DRIPPING SPGS RANCH, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 5.7% in the past 6 months. 551 Pemberton WAY, Austin TX 78737 nearby adjusts to $1,672,057; a strong comparable. 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