655 Panorama DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Hill Creek West

Ed's Opinion of Value

$151,252 Ed's Estimate: $392,028 $444,474
Lowest Comp Recommended List: $444,000 to $498,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $392,028. I'd recommend coming to market at $444,000 to $498,000 to strike the right balance between value and market velocity. Among the similar homes currently available in HILL CREEK WEST, this price point stands out as competitive. The 1,478 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1979, this home is 16 years older than the average comp, which is reflected in the adjustments. The trend in 78620 shows prices have fallen 4.8% in the past 6 months. 820 Panorama DR, Dripping Springs TX 78620 nearby adjusts to $390,430; 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
0 Beds
0 Baths 2 Half
350 Sq Ft
0.647 Acres
1979 Built
4 Garage

About This Property

Unique opportunity for commercial or residential use in sought after location! Stone block and metal roofed building features 4 garage bays, one with an overhead door opening to back yard and two with high doors and ceilings as well as a finished office/meeting space with a small bathroom - this building was once a volunteer fire station and community meeting hall but is well suited for a variety of uses. The lot is 0.647 acres with some wonderful oaks in front and back. A new septic and electric panel installed in 2019 but the building could use additional repair and finishing work. Not many opportunities like this, truly a hard to find diamond in the rough.

Location

Schools

Property Details

Property Type Commercial Sale
Flooring Laminate
Cooling Central Air, Wall/Window Unit(s)
Heating Electric
County Hays
MLS # 2152544
Garage 4 spaces

Listing History

MLS# 2152544 25 days
Apr 11, 2022 Off Market
Mar 9, 2022 Listed $335,000

Frequently Asked Questions About 655 Panorama DR, Dripping Springs TX 78620

When was 655 Panorama DR, Dripping Springs TX 78620 built?

655 Panorama DR, Dripping Springs TX 78620 was built in 1979.

How much does 655 Panorama DR, Dripping Springs TX 78620 cost?

655 Panorama DR, Dripping Springs TX 78620 sold on April 11, 2022. Contact us for sale price details.

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