7400 McGregor LN, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Hurlbut Ranch West

Ed's Opinion of Value

$485,455 Ed's Estimate: $1,565,914 $5,279,409
Lowest Comp Recommended List: $1,535,000 to $1,597,000 Highest Comp

Listing History

$5,095,000 List Price
$1,418,869 Comp Value
1 Price Reductions

This property was listed at $5,095,000 and withdrawn after 195 days on market. The price was reduced from $5,250,000 to $5,095,000. This listing activity factors into the valuation.

The comparable sales data (5 recent transactions in HURLBUT RANCH WEST) supports an estimated value of $1,565,914. The data suggests a list price between $1,535,000 and $1,597,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 0 active listings in HURLBUT RANCH WEST. The 5,526 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2016 (8 years newer than comps) is factored into the value estimate. This estimate draws on 5 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
0 Beds
0 Baths
8,956 Sq Ft
13 Acres
2016 Built

About This Property

Established short term rental property in the Texas Hill Country with amazing cash flow. Due to the property being UNRESTRICTED, business options here could range from wellness centers, spas, mental health centers, rehabilitation facility, you name it! In addition, with 11 custom built homes, massive covered porches and 13 acres, friends and family can easily be together or find that necessary quiet time to recharge. The quintessential hill country views will impress one and all, and the big king beds, designer baths and spacious Casitas will provide luxurious comfort! Amenities include a Swimming Pool + Hot Tub, Hiking Trails, Volleyball, a HUGE fire-pit and Pavilion. The Retreat is one of the many buildings on the property that includes an indoor meeting space with AV. Luxurious, yet laid back, specialty lodging for couples, solo travelers, friends and families. Corporate meetings, retreats and celebrations - get out and get away. Family reunions, wedding groups, weekend celebrations - gather at The Casitas. This is a one-of-a- kind property and these amazing pictures truly do not even do it justice!

Location

Property Details

Property Type Commercial Sale
Flooring Concrete
Stories 1
Cooling Central Air, Electric, Multi Units
Heating Central, Electric
County Hays
MLS # 7008695

Listing History

MLS# 7008695 195 days (428 CDOM)
Jul 24, 2024 Off Market
Jan 11, 2024 Listed $5,250,000

Frequently Asked Questions About 7400 McGregor LN, Dripping Springs TX 78620

When was 7400 McGregor LN, Dripping Springs TX 78620 built?

7400 McGregor LN, Dripping Springs TX 78620 was built in 2016.

How much does 7400 McGregor LN, Dripping Springs TX 78620 cost?

7400 McGregor LN, Dripping Springs TX 78620 is currently off market.

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