810 Kothmann RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | N/A

Ed's Opinion of Value

$718,059 Ed's Estimate: $967,925 $1,100,000
Lowest Comp Recommended List: $1,024,000 to $1,087,000 Highest Comp
My analysis of 7 comparable properties puts this home's estimated value at $967,925. Based on how the local market is moving, a list price between $1,024,000 and $1,087,000 would position this home well. This would position the home competitively among 2 active listings in 78620. The smaller floor plan (204 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (30.68 acres versus the area average of 1.45) contributes to the valuation. The comp data here (7 sales in 78620) 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
5 Beds
5 Baths 5 Full
3,095 Sq Ft
30.679 Acres
2022 Built
4 Garage

About This Property

Madrona Ranch exhibits 3 ten acre tracts of unrestricted, ag exempt, rolling hill country land with a modern farmhouse and three casitas situated on top of a hill. Enjoy sprawling hill country views and sunsets from each casita and home. The entire property is fully fenced with an electric gate and half a mile paved driveway. Seller financing is available. There's a wet weather creek, rainwater collection (& working well) and a 1,500SF workshop with two automatic roll up bays with water, electricity and a 30/50AMP RV hookup. The main home is 1,524+/-SF with two bedrooms & two full bathrooms with an open floor plan, high end finishes, a commercial grade kitchen, SS Wolf & Frigidaire appliances, marble countertops & a wood burning fire place. The 3 casitas are currently being rented out on airb&b for $9,000-$12,000/month. The main home is expected to bring in an additional $5-$6,000/month str as well as the work shop for $2,000-$2,500/month. The casitas feature high end finishes as well and each have a full kitchen and either a private balcony or private front porch. The Carmen & The Susie are 525SF+\- & 586SF+\- and feature one bedroom with a full bath, walk in shower, walk in closet, & stainless appliances and quarts countertops. The Avita is a 450SF+\- studio with a bedroom open to the living room and kitchen, with a full bath, walk in closet and shower. All improvements have 50 year metal roofs, vertical siding, energy efficient windows, & rainwater collection. Owned water purifier and a separate water storage tank located in the well house. This property has endless opportunities, make it a business retreat, tiny home compound or add a chapel and turn it into a one of a kind wedding venue. The property is scattered with live oaks and beautiful Madrone trees that are native to Texas, with views that you simply won't find anywhere else!

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Vaulted Ceiling(s)
  • Chandelier
  • Quartz Counters
  • Stone Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Entrance Foyer
  • High Speed Internet
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Thermostat
  • Stackable W/D Connections
  • Walk-In Closet(s)

Location

Schools

Property Details

Property Type Residential
Flooring Concrete, Tile
Cooling Central Air
Heating Central, Wood Stove
Exterior Balcony, Exterior Steps, Gutters Full, Private Entrance, RV Hookup, Satellite Dish Leased
County Hays
MLS # 8042060

Parking

Garage 4 spaces

Listing History

MLS# 8042060 73 days
Jul 1, 2023 Off Market
Feb 16, 2023 Listed $3,500,000

Frequently Asked Questions About 810 Kothmann RD, Dripping Springs TX 78620

When was 810 Kothmann RD, Dripping Springs TX 78620 built?

810 Kothmann RD, Dripping Springs TX 78620 was built in 2022.

How much does 810 Kothmann RD, Dripping Springs TX 78620 cost?

810 Kothmann RD, Dripping Springs TX 78620 is currently off market.

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