1201 S Rainbow Ranch RD, Wimberley TX 78676

Wimberley, TX 78676 | Rainbow Ranch | Built by Timber Homes

Off Market

Gorgeous single story custom home that sits on 11+ acres in Rainbow Ranch.

Additional photos available to registered users

Ed's Opinion of Value

$697,065 Ed's Estimate: $891,273 $1,562,254

Lowest Comp Recommended List: $873,000 to $909,000 Highest Comp

Based on 7 closed sales in RAINBOW RANCH, the data points to a value around $891,273 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $873,000 to $909,000. Relative to what's currently available in RAINBOW RANCH, this home would be the most expensive of 2 comparable homes on the market. Being built in 2014 (19 years newer than comps) is factored into the value estimate. Lot size matters here: 11.34 acres versus 2.51 for the typical comp. Current inventory shows 2 comparable homes in RAINBOW RANCH; a buyer's market based on recent absorption. Market data shows 78676 prices fallen 11% over the last half year. The closest comparable sale, 744 Canna Lily CIR, Driftwood TX 78619 at an adjusted $823,527, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RAINBOW RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78676 Market Trends

$516,000 Median Sold Price ▼ 11% 6mo

$274/sqft Median $/SqFt ▲ 0.7% 6mo

84 days Avg Days on Market 19 days faster

196 homes Active Inventory 10.8 mo supply

97.3% Sale-to-List Ratio

109 Sales (6 months)

Recently Sold Comparables

$823,527 adjusted 744 Canna Lily CIR, Driftwood TX 78619 3bd / 3.0ba • 2,565 sqft • 4.1 mi Sold 4 months ago

$827,240 adjusted 21 Champions CIR, Wimberley TX 78676 4bd / 3.0ba • 2,590 sqft • 4.5 mi Sold 10 months ago

$697,065 adjusted 50 Palmer LN, Wimberley TX 78676 4bd / 3.0ba • 2,405 sqft • 4.8 mi Sold 1 months ago

$1,562,254 adjusted 505 Deer Lake RD, Wimberley TX 78676 4bd / 4.0ba • 2,567 sqft • 3.6 mi Sold 1 months ago

$864,113 adjusted 615 Mountain Crest DR, Wimberley TX 78676 3bd / 2.0ba • 2,356 sqft • 4.3 mi Sold 4 months ago

Currently on Market

$874,700 401 N RAINBOW RANCH RD, Wimberley TX 78676 4bd / 3.0ba • 2,314 sqft • 0.8 mi 6 days on market

$800,000 801 Rainbows End RD, Wimberley TX 78676 3bd / 2.0ba • 2,292 sqft • 0.4 mi 1 days on market

4 Beds

3 Baths 2 Full, 1 Half

2,525 Sq Ft

11.337 Acres

2014 Built

2 Garage

About This Property

Gorgeous single story custom home situated on 11+ acres in Rainbow Ranch. This 2,525 sqft home built by Timber Homes features 4 bedrooms with an office and game room. Stylish country kitchen offers KitchenAid Pro appliances and butcher block countertops. Private master with luxurious attached bathroom.Lovely neutral palette and high-end fixtures throughout. Enjoy the quiet lifestyle on covered front and back porches. Barely lived in, Home built in 2014. Seller is a builder and can make changes per requestFEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
High Ceilings
Multiple Living Areas
No Interior Steps
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)

Location

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Schools

School District Wimberley ISD

Elementary Jacobs Well

Middle School Danforth

High School Wimberley

Property Details

Property Type Residential

Flooring Carpet, Concrete

Cooling Central Air

Heating Central

Exterior None

County Hays

MLS # 6927428

Garage 2 spaces

Listing History

MLS# 6927428 54 days

Apr 30, 2015	Off Market
Mar 29, 2015	Pending
Mar 16, 2015	Price Change	$499,000
Feb 3, 2015	Listed	$540,000

Frequently Asked Questions About 1201 S Rainbow Ranch RD, Wimberley TX 78676

When was 1201 S Rainbow Ranch RD, Wimberley TX 78676 built?

1201 S Rainbow Ranch RD, Wimberley TX 78676 was built in 2014.

How much does 1201 S Rainbow Ranch RD, Wimberley TX 78676 cost?

1201 S Rainbow Ranch RD, Wimberley TX 78676 sold on April 30, 2015. Contact us for sale price details.

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