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$798,000

Beds
4
Baths
2.0
sq ft
2,715

790 Lost Valley Rd, Dripping Springs, TX 78620

790 Lost Valley Rd

Dripping Springs, TX 78620

  • 211 days on market
    • Price drop $1,000↓
Sitting on 5 acres, this beautifully updated 4-bedroom, 2-bathroom home merges classic designs with modern comforts. The living room features a vaulted ceiling adorned with a wood beam, adding a touch of architectural elegance and openness to the space. An office/playroom extension contributes additional square footage, offering versatile space for work, play, or relaxation. Anderson windows installed throughout the home ensure energy efficiency and provide ample natural light, enhancing the beauty of the interior spaces. The attention to detail continues with custom cabinetry in the kitchen, pantry and master bathroom, showcasing exquisite craftsmanship and providing ample storage solutions. Just steps away from the main house, a 587 sqft detached entertaining area, complete with a wet bar, provides an ideal space for hosting gatherings or enjoying leisure activities. Outdoor living is redefined here, with an above-ground pool complemented by a full deck and pergola. This outdoor oasis is equipped with electrical setup, perfect for entertaining or enjoying serene evenings. To top it all off, the backyard overlooks the stunning limestone-bottom Sycamore Creek. The home is nestled within a lush, manicured landscape, featuring towering trees and a lawn adorned with Zoysia grass, maintained effortlessly with a full sprinkler system. The entirety of the yard is secured by a tastefully designed wrought iron fence, offering both privacy and security. This property combines the charm of the Texas Hill Country with luxurious living, making it a must-see for those seeking comfort, elegance, and a touch of nature.

Details

Property type

Single Family Residence

Est. home value

$1,205,748

Lot size

5.0 acres

Price per sq ft

$294

Year built

1997

Annual property taxes

$10,938

HOA

No

Price History

09/13/2024
Austin

Austin #5093937

Price change
$798,000
-0.13%
07/08/2024
Austin

Austin #5093937

Price change
$799,000
-8.69%
05/22/2024
Austin

Austin #5093937

Price change
$875,000
-7.85%

Schools & Community

Elementary school: 

Walnut 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

$324,976
Asking price
$798,000
Closing costs (~8% of asking)
-$63,840
Est. remaining loan balance
-$409,184
Cash to seller
$324,976

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

October 2020

Original loan amount

$448,000

Est. remaining balance

$409,184

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Timothy L Hamm and Kenna A Hamm

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 8:10 PM

Listing updated: 09/13/2024 at 11:07 AM

Listed by: Ashley Tullis, Keller Williams Realty Phone #: (512) 448-4111

MLS: Austin #5093937

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