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$1,424,900

Beds
5
Baths
3.0
sq ft
3,067

593 Crosswater Ln, Dripping Springs, TX 78620

593 Crosswater Ln

Dripping Springs, TX 78620

  • 9 days on market
    • Price drop $25,100↓
Seller is relocating out of state due to job and open to negotiations.Custom home in one of the most sought after neighborhoods in Dripping Springs. Nestled within the Hill Country's serene greenbelt, this home boasts amazing views from floor to ceiling windows throughout the house. The clay breezeblock accents and Moroccan Zellige tiled fountain add a touch of artistry to the home's exterior. Vaulted ceilings soar above custom organic linen window treatments, creating an airy, light-filled ambiance. Two living areas invite relaxation, one warmed by a floor-to-ceiling fireplace ready for cozy evenings. The chef's kitchen boasts a quartzite island and Italian Ilve gas range. Step out onto the elevated, screened terrace and take in the backyard oasis. Custom raised cedar beds, an arbor and gated area is any gardener’s delight. Property offers direct access to the greenbelt through a gate. Thoughtful touches abound, from the laundry room’s custom copper laundry accessories to the designer fixtures and tile. From the EV charging station in the 3 garage garage to the whole house water purification and smart thermostats-This is more than a home; it's a lifestyle designed to harmonize with the Hill Country's natural rhythms.

Details

Property type

Single Family Residence

Est. home value

$813,350

Lot size

0.257 acres

Price per sq ft

$465

Year built

2020

Annual property taxes

$18,959.13

Monthly HOA fee

$125

Price History

07/02/2024
Austin

Austin #5538228

Price change
$1,424,900
-1.73%
06/26/2024
Austin

Austin #5538228

Listed
$1,450,000

Schools & Community

Elementary school: 

Cypress Springs

Middle school: 

Dripping Springs Middle

High school: 

Dripping Springs

Community features: 

Clubhouse, Fishing, Fitness Center, Park, Playground, Pool, Restaurant

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

$708,077
Asking price
$1,424,900
Closing costs (~8% of asking)
-$113,992
Est. remaining loan balance
-$602,831
Cash to seller
$708,077

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

Seller’s Loan History

Lender

Synergy Mortgage Llc

Loan start date

July 2022

Original loan amount

$620,000

Est. remaining balance

$602,831

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Jake Sloan and Ryann Sloan

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: 07/04/2024 at 10:45 PM

Listing updated: 07/03/2024 at 8:08 AM

Listed by: John Squires, Keller Williams Realty Phone #: (512) 448-4111

MLS: Austin #5538228

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