NOT LISTED FOR SALE

121 Iron Rail Rd Dripping Springs, TX 78620

Estimated Value: $376,578 - $431,000

3 Beds
2.5 Baths
1,942 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 25, 2018

Current estimated payment $2,570/month

5 Days on Market

Highlights

  • High Ceiling
  • Porch
  • Walk-In Closet
  • Dripping Springs Middle School Rated A
  • Attached Garage
  • Tile Flooring

About This Home

As of May 2018

Brand NEW energy-efficient home ready @ April 2018! The Sussex boasts a Master Bedroom tucked away downstairs in the back of the home for extra privacy. An extra wide garage for storage. Texas Heritage Village is in the award-winning Dripping Springs ISD & backs to Founders Memorial Park with pool, playgrounds, walking trails, plus more. Known for our energy efficient features, our homes help you live a healthier and quieter lifestyle while saving you thousands of dollars on utility bills.

Last Agent to Sell the Property

Patrick Mcgrath

Meritage Homes Realty License #0434432 Listed on: 03/06/2018

Last Buyer's Agent

Non Member

Non Member License #785011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 2018

Lot Details

  • 3,528

HOA Fees

  • $45 Monthly HOA Fees

Home Design

  • House
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,942 Sq Ft Home
  • High Ceiling
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Parking

  • Attached Garage
  • Alley Access
  • Rear-Facing Garage
  • Garage Door Opener

Utilities

  • Heat Pump System
  • Sewer in Street

Additional Features

  • Porch
  • Lot Dimensions are 35x100

Community Details

  • Built by Meritage Homes

Listing and Financial Details

  • Assessor Parcel Number 118691000C016004
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,194

Year Built

Built in 2018

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: House
  • Guest Accommodations: No
  • Restrictions: No
  • Total Sq Ft: 1942
  • Steps: See Agent
  • Stories: 2
  • Year Built Exception: Under Construction
  • Year Built: 2018
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Close Price By Sq Ft: 154.21
  • Ratio Current Price By Sq Ft: 154.21
  • Ratio List Price By Sq Ft: 154.21
  • Special Features: NewHome
  • Year Built: 2018

Interior Features

  • Disability Features: No
  • Master Description: Double Vanity, Full Bath, See Agent, Walk-In Closet
  • Kitchen: Breakfast Bar, Center Island, Granite/Marble Counters, Open To Family Room, Walk-In Pantry
  • Main Level Bedrooms: 1
  • Interior Amenities: Ceiling-High, Smoke Detector, Walk-In Closet
  • Dining Description: Breakfast Area, Kit/Din Combo
  • Laundry Facilities: Dryer Connection - Electric, Dryer Connection - Gas, Utility Room, Washer Connections
  • Sprinkler System: Yes
  • Flooring: Carpet, See Agent, Tile - Hard
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Kitchen Appliances: Dishwasher, Disposal, Energy Star Appliances, Exhaust Fan Vented, Microwave Oven, Range-Free Standing, Water Heater Gas
  • Master Main: No
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 2
  • Region: Dripping Springs/Wimberley

Exterior Features

  • Fence: See Agent
  • Pool on Property: No
  • Trees: Sparse
  • Waterfront: No
  • Exterior Features: Porch-Open, Sidewalk
  • Roof: Composition Shingle
  • Construction: Frame, Frame/Stone, Hardiplank Type, Stone Veneer, Stucco
  • Builder Name: Meritage Homes
  • Water Access: No
  • Foundation: Slab

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Attached, Door Opener, Entry-Rear

Utilities

  • Cooling: Central Air
  • Sewer: City At Street
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Electric, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Includes: See Agent
  • Association Fee Frequency: Monthly
  • Association Fee: 45
  • Hoa Management Co: Goodwin
  • Hoa Name: Texas Heritage Vill.
  • H O A Requirement: Mandatory

Schools

  • School District: Dripping Springs ISD
  • School District: Dripping Springs ISD
  • Elementary A: Dripping Springs
  • Intermediary: No
  • Middle Intermediate School: Dripping Springs Middle
  • High School: Dripping Springs

Lot Info

  • Fire Prevention: Automatic, Front Yard, In-Ground
  • Lot Features: Alley Access
  • Lot Size: 35x100
  • Parcel Number: 118691000C016004

Tax Info

  • Tax Rate: 2.26000000000000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
May 10, 2018
Sold by
Meritage Homes Of Texas Llc
Bought by
Thomas Karen
Seller's Agent
Patrick Mcgrath
Meritage Homes Realty
Buyer's Agent
Non Member
Non Member
List Price
$299,480
Current Estimated Value
$399,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$199,480
Outstanding Balance
$172,127
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$227,018
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thomas Karen -- Austin Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Karen $199,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold -- -- --
03/11/2018 03/11/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $299,480 -- $154 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,194 $391,549 $88,500 $303,049
2024 $4,194 $436,940 $99,120 $337,820
2023 $6,808 $404,781 $99,120 $404,790
2022 $6,931 $367,983 $84,000 $413,330
2021 $6,894 $334,530 $62,500 $272,030
2020 $6,487 $332,020 $62,500 $269,520
2019 $6,897 $306,230 $50,000 $256,230
2018 $849 $37,500 $37,500 $0
2017 $1,130 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2912422

Unlock MLS (Austin Board of REALTORS®)

APN: R150550