122 S Rainbow Ranch RD, Wimberley TX 78676

Off Market

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Ed's Opinion of Value

$632,954 Ed's Estimate: $790,865 $2,349,000

Lowest Comp Recommended List: $775,000 to $807,000 Highest Comp

The market data from 7 similar recent sales in RAINBOW RANCH points to a value of approximately $790,865. To sell within a reasonable timeframe at fair market value, the $775,000 to $807,000 range is where I'd position this. Among the similar homes currently available in RAINBOW RANCH, this price point stands out as competitive. At 653 sqft larger than the typical comp, the size difference factors into the valuation. At 9.29 acres, the lot is larger than the 2.45 acre comp average, which factors into pricing. The active market in RAINBOW RANCH includes 2 comparable homes priced from $1,079,000 to $2,349,000. In 78676, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 760 Skyline Ridge Lookout, Wimberley TX 78676, adjusting to $632,954; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78676 Market Trends

$500,000 Median Sold Price ▼ 15.3% 6mo

$274/sqft Median $/SqFt ▲ 0.7% 6mo

83 days Avg Days on Market 20 days faster

195 homes Active Inventory 10.5 mo supply

97.2% Sale-to-List Ratio

111 Sales (6 months)

Recently Sold Comparables

$632,954 adjusted 760 Skyline Ridge Lookout, Wimberley TX 78676 4bd / 3.0ba • 3,100 sqft • 2.3 mi Sold 6 months ago

$725,622 adjusted 217 Augusta DR, Wimberley TX 78676 4bd / 3.0ba • 3,526 sqft • 3.9 mi Sold 1 months ago

$1,097,160 adjusted 328 Barberry PARK, Driftwood TX 78619 4bd / 4.0ba • 3,162 sqft • 4.1 mi Sold 3 months ago

$841,050 adjusted 700 S Rainbow Ranch RD, Wimberley TX 78676 2bd / 1.0ba • 1,536 sqft • 0.5 mi Sold 1 months ago

$805,407 adjusted 45 Saddle Rock RDG, Wimberley TX 78676 3bd / 3.0ba • 2,816 sqft • 4.8 mi Sold 11 months ago

Currently on Market

$2,349,000 100 Rainbows End, Wimberley TX 78676 4bd / 4.0ba • 3,380 sqft • 0.9 mi 112 days on market

$1,079,000 250 BROWN SADDLE CV, Driftwood TX 78619 3bd / 3.0ba • 2,944 sqft • 1.8 mi 166 days on market

4 Beds

3 Baths 3 Full

3,227 Sq Ft

9.29 Acres

2002 Built

2 Garage

About This Property

Beautiful custom Hill Country style home on 9+ acres in Wimberley. This home is loaded with extras with 4 bedrooms, 3 baths, Home Theater room, home office and large open living/dining. When you walk in the front door you are greeted with 14 foot ceilings and a floor to ceiling fireplace. Flanking the fireplace are French doors leading to the covered back porch with its own fireplace and ample dining area. The isolated Master suite has back porch access, a fireplace and large Master Bath with a walk in shower, garden tub and spacious closet. You will be surprised at the size of the secondary bedrooms. Two of the 3 have walk in closets and the largest has a dedicated bathroom and back porch access. The fenced back yard has a firepit and a deck with a hot tub. This property is heavily treed and private. Located a short drive from the Rainbow Ranch entrance this property has easy access to Austin, Dripping Springs and the Wimberley Valley.

Features

Bar
Bookcases
Built-in Features
High Ceilings
Multiple Living Areas
No Interior Steps
Recessed Lighting
Soaking Tub
Walk-In Closet(s)
Washer Hookup
Wet Bar
Quartz Counters

Location

Map loading...

Schools

School District Wimberley ISD

Elementary Jacobs Well

Middle School Danforth

High School Wimberley

Property Details

Property Type Residential

Flooring Carpet, Vinyl

Cooling Central Air, Electric

Heating Central, Electric

Exterior Private Yard

County Hays

MLS # 6828422

Garage 2 spaces

HOA & Community

HOA Fee $315 /Annually

HOA Includes Common Area Maintenance

Listing History

MLS# 6828422 3 days

Dec 18, 2020	Off Market
Nov 25, 2020	Pending
Nov 21, 2020	Listed	$699,000

Frequently Asked Questions About 122 S Rainbow Ranch RD, Wimberley TX 78676

When was 122 S Rainbow Ranch RD, Wimberley TX 78676 built?

122 S Rainbow Ranch RD, Wimberley TX 78676 was built in 2002.

How much does 122 S Rainbow Ranch RD, Wimberley TX 78676 cost?

122 S Rainbow Ranch RD, Wimberley TX 78676 sold on December 18, 2020. Contact us for sale price details.

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