721 Madrone Ranch TRL, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Madrone Ranch & Ii-b

Ed's Opinion of Value

$602,680 Ed's Estimate: $825,721 $1,454,198
Lowest Comp Recommended List: $792,000 to $1,047,000 Highest Comp
After reviewing 7 recent transactions in MADRONE RANCH & II-B, I estimate this property's value at $825,721. A competitive list price for this home right now would fall in the $792,000 to $1,047,000 range. This would position the home competitively among 2 active listings in MADRONE RANCH & II-B. At 5 years older than typical comps, the 1997 build date influences the valuation. The larger lot (10.00 acres versus the area average of 3.96) contributes to the valuation. Right now, 2 similar properties are competing for buyers in MADRONE RANCH & II-B, listed between $1,000,000 and $1,200,000. Prices in 78620 have fallen 6.5% over the last 6 months. A similar home at 2801 Martin RD, Dripping Springs TX 78620 carries an adjusted comparable value of $1,454,198, providing a strong data point. The comp data here (7 sales in MADRONE RANCH & II-B) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
4 Beds
3 Baths 2 Full, 1 Half
2,547 Sq Ft
10 Acres
1997 Built
2 Garage

About This Property

A private entrance takes you to this sprawling custom ranch style home sitting on 10(+/-) treed acres with breathtaking views & sunsets. This well maintained home has many upgrades/updates (see list). You will enter through a Brazilian Mahogany front door and see that it has an open concept floorpan with soaring cathedral cedar ceilings in the Great Room and Family Room. There is a multitude of casement windows throughout the home, & a beautiful floor to ceiling custom Texas limestone fireplace. French & sliding doors take you out to the spacious back patios, a great spot to relax or for entertaining friends and family. The spacious kitchen with 'Texas Pearl' granite counter tops, pull out shelving for your pots and pans, corner cabinet with Lazy Susan shelf system, ample workspace & storage, reverse osmosis, stainless steel Whirlpool built-in appliances huge island bar, & more. Huge Primary Bedroom with vaulted cedar ceilings and large walk-in closet, and sitting area. The Primary Bath has a double vanity, large walk in shower, and heated/jetted spa tub. Each of the bedrooms have distant views and customized ceiling designs. There is a large walk-in shower in the Guest Bath. Landscape is mostly native, drought tolerant, and deer resistant plants with butterfly gardens, and fruit & nut trees: Plum, fig, keifer pear, granny smith apple, peach, apricot, and pecan trees. Property perimeter is fenced with equine fencing... Bring your horses! For the gardener, there is a fenced garden area with raised beds (organic garden practices in fruit & vegetable garden beds), cedar greenhouse, & a shade house. Plenty of room to add a pool, guest house, tennis courts, barn, etc. Showings by appointment only. FEMA flood zone - unknown

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Cathedral Ceiling(s)
  • Vaulted Ceiling(s)
  • Double Vanity
  • Electric Dryer Hookup
  • French Doors
  • Multiple Living Areas
  • Natural Woodwork
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Washer Hookup
  • Granite Counters

Location

Schools

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air, Electric, Heat Pump, Multi Units
Heating Central, Electric, Heat Pump
Exterior Exterior Steps, Garden, Gutters Partial, Lighting, Outdoor Grill, Private Entrance, Private Yard
County Hays
MLS # 8127009
Garage 2 spaces

HOA & Community

HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $7,094 (2019)

Listing History

MLS# 8127009 49 days
Dec 4, 2020 Off Market
Oct 25, 2020 Pending
Oct 7, 2020 Price Change $1,125,000
Sep 6, 2020 Listed $1,150,000

Frequently Asked Questions About 721 Madrone Ranch TRL, Dripping Springs TX 78620

When was 721 Madrone Ranch TRL, Dripping Springs TX 78620 built?

721 Madrone Ranch TRL, Dripping Springs TX 78620 was built in 1997.

How much does 721 Madrone Ranch TRL, Dripping Springs TX 78620 cost?

721 Madrone Ranch TRL, Dripping Springs TX 78620 sold on December 4, 2020. Contact us for sale price details.

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