651 Martin RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | none

Off Market

Exterior view of 651 Martin RD, Dripping Springs TX 78620

Additional photos available to registered users

Ed's Opinion of Value

$804,045 Ed's Estimate: $1,100,475 $1,860,518

Lowest Comp Recommended List: $1,078,000 to $1,122,000 Highest Comp

Listing History

$824,900 List Price

$1,111,957 Comp Value

1 Price Reductions

This property was listed at $824,900 and withdrawn after 184 days on market. The price was reduced from $899,900 to $824,900. This listing activity factors into the valuation.

Based on 7 closed sales in 78620, the data points to a value around $1,100,475 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,078,000 to $1,122,000. This would position the home competitively among 0 active listings in 78620. Being 1,428 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1999 (6 years older than comps) is factored into the value estimate. This estimate draws on 7 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

78620 Market Trends

$614,000 Median Sold Price ▼ 6.2% 6mo

$247/sqft Median $/SqFt ▼ 1.4% 6mo

66 days Avg Days on Market 1 days slower

256 homes Active Inventory 6 mo supply

97.2% Sale-to-List Ratio

256 Sales (6 months)

Recently Sold Comparables

$924,375 adjusted 650 Angel Fire DR, Dripping Springs TX 78620 4bd / 3.0ba • 2,010 sqft • 3.5 mi Sold 2 months ago

$1,860,518 adjusted 8151 W Fitzhugh RD, Dripping Springs TX 78620 7bd / 5.0ba • 4,279 sqft • 4.9 mi Sold 7 months ago

$1,109,789 adjusted 700 Longview CIR, Dripping Springs TX 78620 4bd / 3.0ba • 3,074 sqft • 3.1 mi Sold 11 months ago

$839,115 adjusted 807 Meadow Oaks DR, Dripping Springs TX 78620 3bd / 3.0ba • 2,351 sqft • 4.4 mi Sold 6 months ago

$804,045 adjusted 400 Meadow Oaks DR, Dripping Springs TX 78620 3bd / 3.0ba • 2,006 sqft • 4.3 mi Sold 8 months ago

5 Beds

5 Baths 4 Full, 1 Half

3,994 Sq Ft

20 Acres

1999 Built

2 Garage

About This Property

Restrictions: Yes

Features

High Ceilings
Interior Steps
Multiple Dining Areas
Multiple Living Areas
Primary Bedroom on Main

Location

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Schools

School District Dripping Springs ISD

Elementary Dripping Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Farm

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior None

County Hays

MLS # 7325447

Garage 2 spaces

Listing History

MLS# 4722580 8 days

Sep 29, 2011	Off Market
Aug 23, 2011	Listed		$1,800

MLS# 7325447 184 days (331 CDOM)

Oct 2, 2012	Price Change	$824,900
Mar 21, 2012	Off Market
Sep 19, 2011	Listed	$899,900

MLS# 5484879 48 days

Aug 2, 2011	Off Market
Jun 15, 2011	Listed		$809,100

Frequently Asked Questions About 651 Martin RD, Dripping Springs TX 78620

When was 651 Martin RD, Dripping Springs TX 78620 built?

651 Martin RD, Dripping Springs TX 78620 was built in 1999.

How much does 651 Martin RD, Dripping Springs TX 78620 cost?

651 Martin RD, Dripping Springs TX 78620 is currently off market.

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