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$1,995,000

Beds
5
Baths
5.5
sq ft
4,155

1906 Prochnow Rd, Dripping Springs, TX 78620

1906 Prochnow Rd

Dripping Springs, TX 78620

  • Pending
This one-of-a-kind estate allows for unique opportunities to have the ultimate live/work experience, have your mortgage paid for you while you live in total privacy or to have your dream homestead. The unrestricted 11.626 acre property boasts multiple newer construction buildings which allows you to have unlimited flexibility. As you enter the gated & fenced property you will find two warehouses totaling 6,000 sq ft as well as a 600 sq ft 2 bed 1 bath apartment w/ all amenities and a 600 sq ft office w/ full bath. You could move/start your business here or lease this out to cover your mortgage. The main shop has a full bath, HVAC & a breakroom/kitchen as well as 16x16 roll up doors for easy access. Going further down the drive you will find a second gate leading you to a custom-built home & garage/gym/flex space. The 1907 sq ft main house was built in 2020 and is full of light. The home has 3 beds and 2.5 baths and is completely private. There are no visible neighbors and backs to a ravine and large ranches to ensure future privacy. The owners are builders/designers, and you will see the detailed touches throughout. Ample windows bring in tons of natural light. Features include: natural stone tile in showers, walk in pantry, laundry w/ storage, soaking & jetted tubs and other high-end finishes. There is a large (900 sq ft) covered patio complete with a built-in grill, custom concrete dining table, outdoor shower, 1/2 bath, & multiple lounging areas. Continuing there is a separate garage/gym/flex space. The 548 sq ft gym includes a hot tub/swim spa, barrel sauna & outdoor shower. The 1200 sq ft oversized 3 car garage also has HVAC. The 500 sq ft flex space has a kitchen and full bath which is perfect for a studio apartment, man cave, or the ultimate game/media room. Ag. exemption was in place for previous years and for 2024 will be under wildlife exemption to keep taxes low. The alpacas and mini-cows also come with the property to keep the rural charm.

Details

Property type

Single Family Residence

Lot size

11.626 acres

Price per sq ft

$481

Year built

2020

Annual property taxes

$4,548.18

HOA

No

Price History

09/07/2024
Austin

Austin #2604439

Pending
$1,995,000
04/19/2024
Austin

Austin #2604439

Listed
$1,995,000

Schools & Community

Elementary school: 

Walnut Springs

Middle school: 

Dripping Springs Middle

High school: 

Dripping Springs

Community features: 

None

High school district: 

Dripping Springs ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Southstar Bank Ssb

Loan start date

February 2022

Original loan amount

$467,000

Est. remaining balance

Not provided

Interest rate

4.34%

Loan type

New Conventional, 30 year

Seller

Marianne Worlow

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 10/05/2024 at 8:35 PM

Listing updated: 10/05/2024 at 11:07 AM

Listed by: John Prell, Creekview Realty Phone #: (214) 696-4663

MLS: Austin #2604439

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