NOT LISTED FOR SALE

147 Iron Rail Rd Dripping Springs, TX 78620

Estimated Value: $368,000 - $410,000

3 Beds
2.5 Baths
1,992 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 24, 2023

Current estimated payment $2,727/month

73 Days on Market

Highlights

  • Open Floorplan
  • Granite Countertops
  • Stainless Steel Appliances
  • Dripping Springs Middle School Rated A
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of October 2023

INCREDIBLE OPPORTUNITY! INVESTORS WELCOME! SELLER CREDIT OF $7,500 for Buyer to use towards 2/1 interest rate buy-down, closing costs or price reduction, plus all carpets replaced 8/2023 in this charming 2-story bungalow-style home in the desirable Texas Heritage Village community in Dripping Springs. No wait time to build, this well-maintained home boasts a comfortable layout with three bedrooms, two and a half baths, loft/game room, and two car rear-entry garage. The home features an open floor plan with the living, dining and kitchen on the main level and all bedrooms plus a spacious loft on the second level, perfect for privacy, play, and relaxation with the family. The beautiful white kitchen is adorned with a large center island with bar seating, upgraded granite countertops, gas cooking, walk-in pantry, and stainless steel appliances. The desk nook and drop zone off the kitchen provide spaces for work or study and will help you stay organized with built-in storage. All appliances are included, adding convenience to your move. Enjoy the tranquility of the covered front porch and side porch, ideal for sipping your morning coffee or enjoying evening conversations. The large primary suite offers a double vanity, walk-in shower, and abundant storage. The secondary bedrooms share a bathroom complete with a double vanity to accommodate busy schedules. Embrace the modern lifestyle with smart features that provide convenience and efficiency throughout the home, including Ring systems, Ecobee thermostat, and more. With excellent walkability, you'll have easy access to the vibrant Mercer Street District; Founders Memorial Park featuring a community pool, playscape, sport fields and the weekly DS Farmers Market; and a variety of local dining and shopping options. Located in the excellent Dripping Springs ISD, this delightful home is sure to please and offers the perfect combination of comfort, style, and convenience in a highly sought-after location.

Last Agent to Sell the Property

Audra Burtch

Compass RE Texas, LLC License #0612035 Listed on: 07/13/2023

Compass RE Texas, LLC

Last Buyer's Agent

Ben Baronet

Compass RE Texas, LLC License #0550524

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,816

Year Built

  • Built in 2018

Lot Details

  • 3,528 Sq Ft Lot
  • North Facing Home
  • Landscaped
  • Interior Lot
  • Sprinklers Throughout Yard
  • Dense Growth Of Small Trees

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stone Siding
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Drapes & Rods
  • Blinds

Kitchen

  • Breakfast Bar
  • Free-Standing Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Prewired Security
  • Smart Home
  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch

Schools

  • Dripping Springs Elementary School
  • Dripping Springs Middle School
  • Dripping Springs High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 12 / C
  • Assessor Parcel Number 118691000C012004
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance
  • $75 HOA Transfer Fee
  • Texas Heritage Village HOA
  • Built by Meritage Homes
  • Texas Heritage Village Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Common Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,816

Year Built

Built in 2018

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Restrictions: Deed Restrictions
  • Year Built: 2018
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: From Hwy 290 in Dripping Springs, turn North on Rob Shelton Blvd (next to RBFCU). Turn Left on Diamond Point Dr, into Texas Heritage Village neighborhood. Turn Right on Spanish Star Tril. Turn Left on Iron Rail Rd. The home will be on the Left. Park on the Right side of the street.
  • Disclosures: Other Disclosures, Seller Disclosure, Seller Provided Survey Available
  • Estimated Taxes: 7497.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: Insulation, Thermostat, Windows
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 1992.00
  • Other Contingency Types: Inspection, Financing, Appraisal
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Counter-Granite, Counter-Stone, Double Vanity, Electric Dryer Hookup, Gas Dryer Hookup, Kitchen Island, Open Floorplan, Pantry, Smart Home, Smart Thermostat, Walk-In Closet(s)
  • Laundry Location: Laundry Room, Upper Level
  • View: None
  • Flooring: Carpet, Tile, Vinyl
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 3
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Free-Standing Gas Oven, Stainless Steel Appliance(s), Water Heater-Gas
  • Property Condition: Resale
  • Security Features: Carbon Monoxide Detector(s), Prewired, Smoke Detector(s)
  • Spa Features: None
  • Window Features: Blinds, Drapes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: See Remarks
  • Roof: Composition, Shingle
  • Builder Name: Meritage Homes
  • Foundation: Slab
  • Patio And Porch Features: Covered, Front Porch, Side Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Attached, Driveway, Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet-Fiber, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Central, Electric, Heat Pump
  • Water Source: Public
  • Cooling: Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance
  • Association Fee Frequency: Monthly
  • Association Fee: 65.00

Association/Amenities

  • Management Company: PMI Property Mgmt
  • Association Name: Texas Heritage Village HOA
  • Requirement: Mandatory
  • Association Transfer Fee: 75
  • Association: Yes
  • Community Features: Common Grounds, Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Dripping Springs ISD
  • School District: Dripping Springs ISD
  • Elementary School: Dripping Springs
  • Middle School: Dripping Springs Middle
  • High School: Dripping Springs
  • Elementary School: Dripping Springs
  • High School: Dripping Springs
  • Middle/Junior School: Dripping Springs Middle

Lot Info

  • Lot Features: Interior Lot, Landscaped, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinkler - In Front, Sprinkler - Side Yard, Trees-Small (Under 20 Ft)
  • Special Assessment: No
  • Parcel Number: 118691000C012004
  • Lot Size Acres: 0.0810
  • Lot Size Sq Ft: 3528.36
  • Subdivision Name: Texas Heritage Village

Building Info

  • Construction Materials: HardiPlank Type, Stone, Stucco
  • New Construction: No

Tax Info

  • Tax Block: C
  • Tax Filled Sqft Total: 2568
  • Tax Lot: 12
  • Tax Rate: 1.88340000000000
  • Tax Year: 2022
  • Tax Annual Amount: 6815.61
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Oct 23, 2023
Sold by
Ramirez Samuel and Ramirez Lindsey
Bought by
Petruska Mark
Seller's Agent
Audra Burtch
Compass RE Texas, LLC
Buyer's Agent
Ben Baronet
Compass RE Texas, LLC
List Price
$400,000
Views
73
Current Estimated Value
$389,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
Original Mortgage
$184,000
Outstanding Balance
$181,374
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$213,387

Purchase Details

Listed on
Nov 28, 2017
Closed on
Mar 20, 2018
Sold by
Meritage Homes Of Texas Llc
Bought by
Ramirez Samuel and Ramirez Lindsey
Seller's Agent
Patrick Mcgrath
Meritage Homes Realty
Buyer's Agent
Audra Burtch
Compass RE Texas, LLC
List Price
$280,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$267,023
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Petruska Mark -- Independence Title
Ramirez Samuel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petruska Mark $50,000
Open Petruska Mark $184,000
Previous Owner Ramirez Samuel $259,157
Previous Owner Ramirez Samuel $267,023
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold -- -- --
09/24/2023 09/24/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $384,000 -2.5% $193 / Sq Ft
09/06/2023 09/06/23 Price Changed $394,000 -0.1% $198 / Sq Ft
09/04/2023 09/04/23 Price Changed $394,500 -0.1% $198 / Sq Ft
08/24/2023 08/24/23 Price Changed $394,750 -0.1% $198 / Sq Ft
07/30/2023 07/30/23 Price Changed $395,000 -1.3% $198 / Sq Ft
07/27/2023 07/27/23 For Sale $400,000 0.0% $201 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $400,000 +42.6% $201 / Sq Ft
03/20/2018 03/20/18 Sold -- -- --
11/28/2017 11/28/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $280,477 -- $149 / 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
2024 $6,356 $430,070 $99,120 $330,950
2023 $6,695 $398,066 $99,120 $353,810
2022 $6,816 $361,878 $84,000 $389,030
2021 $6,780 $328,980 $62,500 $266,480
2020 $6,010 $308,836 $62,500 $261,430
2019 $6,323 $280,760 $50,000 $230,760
2018 $4,908 $216,800 $37,500 $179,300
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: 9419597

Unlock MLS (Austin Board of REALTORS®)

APN: R150546