850 Drifting Wind RUN, Dripping Springs TX 78620

Dripping Springs, TX 78620 | The Preserve Phase Two

Ed's Opinion of Value

$1,061,703 Ed's Estimate: $1,535,491 $2,349,900
Lowest Comp Recommended List: $1,214,000 to $1,224,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,535,491. I'd recommend coming to market at $1,214,000 to $1,224,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78620, this price point lands at the most expensive of 7 comparable homes on the market. At 105 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2007, this home is 6 years older than the average comp, which is reflected in the adjustments. The active market in 78620 includes 7 comparable homes priced from $1,149,900 to $2,349,900. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 201 N Canyonwood DR, Dripping Springs TX 78620 nearby adjusts to $2,225,335; with a larger floor plan and a pool. Based on 7 relevant data points in 78620, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
6 Beds
6 Baths
5,085 Sq Ft
4.19 Acres
2007 Built

About This Property

Large lot with plenty of trees and privacy. Only a few lots left in this prestigious, gated subdivision of custom homes with excellent restrictions, city water, underground utilities, and almost built out. Wet weather creek runs along back of lot.Restrictions: Yes

Location

Schools

Property Details

Property Type Residential Lease
Heating None
Exterior None
County Hays
MLS # 5911666

HOA & Community

HOA Fee $250 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 5911666 3 days
Apr 29, 2019 Off Market
Apr 19, 2019 Listed $3,500

Frequently Asked Questions About 850 Drifting Wind RUN, Dripping Springs TX 78620

When was 850 Drifting Wind RUN, Dripping Springs TX 78620 built?

850 Drifting Wind RUN, Dripping Springs TX 78620 was built in 2007.

How much does 850 Drifting Wind RUN, Dripping Springs TX 78620 cost?

850 Drifting Wind RUN, Dripping Springs TX 78620 sold on April 29, 2019. Contact us for sale price details.

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