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$651,368Estimated home value

Beds
3
Baths
2.0
sq ft
1,665

1970 Spring Valley Dr, Dripping Springs, TX 78620

1970 Spring Valley Dr

Dripping Springs, TX 78620

  • Off market
    • Price drop $40,676↓
Welcome to your own private oasis at 1970 Spring Valley Drive in Dripping Springs, TX! Nestled on a sprawling 1.75-acre lot, this custom-built 3-bedroom, 2-bathroom home offers a picturesque, park-like setting that's sure to captivate your heart. As you step inside, you'll be greeted by a well-maintained main house featuring an open concept living and dining area with high ceilings, creating an inviting and airy atmosphere. Natural light floods the space, creating a warm and welcoming ambiance. The kitchen is equipped with modern appliances, ample counter space, and a convenient breakfast bar, perfect for enjoying casual meals or entertaining guests. The primary bedroom is spacious and boasts an en-suite bathroom with a walk-in shower, providing a peaceful retreat at the end of the day. The two additional bedrooms share a second full bathroom, offering comfort and convenience for family and guests. Step outside onto the back porch and immerse yourself in the tranquil serenity of the surrounding nature. With a large yard, fenced-in garden, drip-irrigated fruit and shade trees, and a chicken coop, this property is a nature lover's dream. The expansive outdoor space is ideal for outdoor entertaining, gardening, and wildlife viewing, creating endless opportunities for relaxation and enjoyment. For those with hobbies or storage needs, the detached garage and woodshop provide ample space for all your endeavors. Conveniently located near local restaurants, shops, and attractions, including the renowned Hamilton Pool Preserve and the award-winning wineries of the Texas Hill Country, this home offers the perfect blend of seclusion and accessibility. This property has been a success (grossing up to $10k per month) and an incredible opportunity for those seeking a beautiful home on a spacious and private lot in one of Texas' most desirable communities.

Details

Property type

Single Family Residence

Est. home value

$651,368

Lot size

1.75 acres

Price per sq ft

$390

Year built

2013

Annual property taxes

$6,842.61

HOA

Yes

Price History

10/01/2024
Austin

Austin #6048611

Removed
09/17/2024
Austin

Austin #6048611

Pending
$649,000
09/11/2024
Austin

Austin #6048611

Price change
$649,000
-5.9%

Schools & Community

Elementary school: 

Dripping Springs

Middle school: 

Dripping Springs Middle

High school: 

Dripping Springs

Community features: 

None

High school district: 

Dripping Springs ISD

Negotiation Insights

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

Seller could get up to

$39,623
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$557,457
Cash to seller
$39,623

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2023

Original loan amount

$562,500

Est. remaining balance

$557,457

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Brandie Lynne Clevenger and Brian Kevin Spain

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 8:15 PM

Listing updated: 09/20/2024 at 4:52 PM

Listed by: Jenny Cureton, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #6048611

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