tomo logo

$999,000

Beds
4
Baths
3.5
sq ft
3,077

508 Cypress Springs Dr, Driftwood, TX 78619

508 Cypress Springs Dr

Driftwood, TX 78619

  • 59 days on market
Welcome to your dream sanctuary at 508 Cypress Springs in beautiful Howard Ranch! This exquisite 4-bedroom, 3.5-bathroom residence boasts 3,077 square feet of elegant living space nestled on an expansive 1 acre lot. Bask in the beauty of the outdoors with a wrap-around porch that beckons for morning coffees or evening sunsets. Step inside to discover a cozy interior adorned with sophisticated finishes and thoughtful touches. The spacious living area invites you to unwind by the fireplace, perfect for those cherished moments of relaxation. Culinary enthusiasts will delight in the gourmet kitchen, complete with stainless steel appliances, a double oven, a 48-inch gas range and ample counter space for all your culinary adventures. Wood floors flow throughout, adding to the home's warm and welcoming vibe. The primary suite, located on the main level, is a true retreat. It features a spacious sitting area surrounded by windows, a luxurious bathroom with custom tile, a soaking tub, a double walk-in shower, and a generous walk-in closet. Upstairs, you'll find two additional bedrooms, a full bath, and a versatile loft area perfect for studying, gaming, or relaxing. The oversized garage includes a separate guest apartment above, complete with a full bedroom, bathroom, and a massive living room currently set up as a living area and office – ideal for guests, a home office, or an ultimate hangout spot. The lush and fully fenced backyard offers a private outdoor space ideal for entertaining or simply soaking up the Texas sunshine. This Driftwood gem combines elegance with cozy charm, making it the ultimate retreat.

Details

Property type

Single Family Residence

Est. home value

$1,144,226

Lot size

1.022 acres

Price per sq ft

$325

Year built

2019

Annual property taxes

$12,684.72

Monthly HOA fee

$133.75

Price History

09/04/2024
Austin

Austin #8958494

Listed
$999,000

Schools & Community

Elementary school: 

Walnut Springs

Middle school: 

Dripping Springs Middle

High school: 

Dripping Springs

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

$493,916
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$425,164
Cash to seller
$493,916

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

Seller’s Loan History

Lender

Sirva Mortgage Inc

Loan start date

June 2020

Original loan amount

$467,992

Est. remaining balance

$425,164

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

Dan Crain and Allison Crain

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?

Similar Homes Nearby

Price drop
Austin
$1,000,000
4 bd
|
3.5 ba
|
3,663 sq ft
|
House

1958 Flint Rock Loop, Driftwood, TX 78619

Price drop
Austin
$999,000
4 bd
|
3.5 ba
|
3,675 sq ft
|
House

759 Bridge Water Loop, Dripping Springs, TX 78620

Price drop
Austin
$1,025,000
4 bd
|
3.5 ba
|
3,297 sq ft
|
House

470 Hawthorne Loop, Driftwood, TX 78619

Status: Active

Tomo last checked: 11/03/2024 at 7:10 AM

Listing updated: 10/26/2024 at 5:02 PM

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

MLS: Austin #8958494

Austin logo

Recently listed in Driftwood

$970,000|5 bd|4.0 ba|House
$985,000|3 bd|2.5 ba|House
$2,295,000|5 bd|4.0 ba|House
$1,299,900|4 bd|3.0 ba|House
$1,199,900|5 bd|5.0 ba|House
$1,475,000|4 bd|3.5 ba|House
$2,100,000|3 bd|3.0 ba|House
$2,100,000|4 bd|4.0 ba|House
$1,265,000|4 bd|3.5 ba|House