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$1,349,900

Beds
5
Baths
3.5
sq ft
3,316

290 Patti Ln, Dripping Springs, TX 78620

290 Patti Ln

Dripping Springs, TX 78620

  • 154 days on market
    • Price drop $100,000↓
This description paints a vivid picture of an idyllic retreat nestled in the heart of Texas Hill Country. With its 11 acres of land, the property offers ample space for exploration and the opportunity to craft a lifestyle uniquely tailored to your desires. The presence of a dry weather creek adds a touch of natural charm, enhancing the allure of the landscape throughout the year. The Mediterranean-style architecture of the home, adorned with large arched view windows, seamlessly integrates with the surrounding countryside, providing panoramic views from the balcony. While the structure itself possesses a timeless charm, the prospect of infusing modern design elements promises to elevate its appeal even further, creating a space that harmonizes tradition with contemporary living. The secondary building adds versatility to the property, this 1,444 sqft space is finished out and perfect for the in-laws or for rental income. The land is rolling hill country with a dry weather creek that creates a waterfall at a grotto just off the main drive. Situated just moments away from Fitzhugh Rd and Dripping Springs amenities, residents can enjoy the convenience of nearby attractions while still relishing in the tranquility and seclusion offered by the expansive grounds. Moreover, the property's proximity to acclaimed breweries, distilleries, and al fresco dining spots enhances its appeal, offering a myriad of leisure options within reach. With convenient access to various nearby destinations including SW & Central Austin, Bee Caves, Lakeway, Dripping Springs, and Wimberley, this location serves as an ideal retreat for those seeking both convenience and natural beauty in equal measure. To access disclosures and other details about this property, go to: https://wkf.ms/3WGxQ1c

Details

Property type

Single Family Residence

Est. home value

$1,427,872

Lot size

11.0 acres

Price per sq ft

$408

Year built

2005

Annual property taxes

$13,500

HOA

No

Price History

08/14/2024
Austin

Austin #7177941

Price change
$1,349,900
-6.9%
06/21/2024
Austin

Austin #7177941

Price change
$1,449,900
-3.33%
05/03/2024
Austin

Austin #7177941

Listed
$1,499,900

Schools & Community

Elementary school: 

Dripping Springs

Middle school: 

Dripping Springs Middle

High school: 

Dripping Springs

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

State Bank

Loan start date

September 2004

Original loan amount

$255,900

Est. remaining balance

Not provided

Interest rate

6.08%

Loan type

Building or Construction Loan, 1 year

Seller

Tobin A Ricks and Lisa K Ricks

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: Active

Tomo last checked: 10/05/2024 at 12:00 AM

Listing updated: 09/02/2024 at 7:59 AM

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

MLS: Austin #7177941

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