Seller's Agent in 2024
Mauricio MacGregor
Compass RE Texas, LLC
(512) 956-6396
2 in this area
36 Total Sales
2501 Martin Rd Dripping Springs, TX 78620
Henly NeighborhoodEstimated Value: $488,000 - $688,000
3
Beds
2
Baths
1,507
Sq Ft
$372/Sq Ft
Est. Value
Highlights
- Barn
- Panoramic View
- Mature Trees
- Dripping Springs Middle School Rated A
- 3.6 Acre Lot
- Vaulted Ceiling
About This Home
As of April 2024This property is a lovely piece of real estate, boasting 3.6 acres of unrestricted land with amazing trees that are sure to take your breath away. With a little clearing, the potential of this property becomes even more apparent. The house is being sold AS-IS and is in need of some TLC, but the bones of the structure are strong and with some love and attention, this could be a truly remarkable home.
The house is three sides of native stone construction, which not only looks beautiful but also provides excellent insulation. Inside, the vaulted ceilings give the space an airy and spacious feel, while the wood-burning stove adds a cozy touch. The property also includes a water well with a 3 phase filter system, as well as a septic system.
The brand new metal building on a concrete slab has electric power, is well insulated and sheet rocked, and provides ample space for hobbies and storage, while the high-fenced garden ensures that your produce is safe from hungry wildlife.
Overall, this property has lots of potential for those willing to put in some work and see the possibilities. With its stunning views, native stone construction, and ample land, this could be the perfect place to create your dream home or convert it into an income-producing property.
Last Agent to Sell the Property
Compass RE Texas, LLC Brokerage Phone: (512) 575-3644 License #0602597 Listed on: 07/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,508
Year Built
- Built in 1981
Lot Details
- 3.6 Acre Lot
- South Facing Home
- Fenced
- Lot Has A Rolling Slope
- Mature Trees
- Wooded Lot
- Many Trees
- Private Yard
- Property is in below average condition
Parking
- 10 Parking Spaces
Property Views
- Panoramic
- Creek or Stream
- Hills
- Seasonal
Home Design
- Pillar, Post or Pier Foundation
- Metal Roof
- Masonry Siding
- Stone Siding
Interior Spaces
- 1,507 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Vaulted Ceiling
- Wood Burning Fireplace
- Wood Frame Window
- Linoleum Flooring
- Free-Standing Range
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Separate Outdoor Workshop
- Outdoor Storage
Schools
- Walnut Springs Elementary School
- Dripping Springs Middle School
- Dripping Springs High School
Farming
- Barn
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
- Heating Available
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Pioneer Ranch Sec 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 1164950000013024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2023
Closed on
Apr 17, 2024
Sold by
Reeder John W and Reeder Rena L
Bought by
Gonzalez Grabiel
Seller's Agent
Mauricio MacGregor
Compass RE Texas, LLC
Buyer's Agent
Joshua Payer
Keller Williams - Lake Travis
List Price
$490,000
Views
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.69%
Original Mortgage
$276,000
Interest Rate
6.88%
Mortgage Type
Construction
Purchase Details
Listed on
Jul 29, 2019
Closed on
Sep 12, 2019
Sold by
Mcdonald Anne
Bought by
Reeder John W and Reeder Rena L
Seller's Agent
Letisha Scharff
WoW Properties
Buyer's Agent
Mauricio MacGregor
Compass RE Texas, LLC
List Price
$280,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$252,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 1993
Sold by
Bindeman Steven T and Bindeman Dana W
Bought by
Mcdonald Anne
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gonzalez Grabiel | -- | Independence Title | |
| Reeder John W | -- | Texas National Title | |
| Mcdonald Anne | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Grabiel | $301,000 | |
| Closed | Gonzalez Grabiel | $276,000 | |
| Previous Owner | Reeder John W | $252,000 | |
| Previous Owner | Mcdonad Anne | $168,000 | |
| Previous Owner | Mcdonald Phillip | $114,500 | |
| Previous Owner | Mcdonald Phillip | $116,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2024 04/18/24 | Sold | -- | -- | -- |
| 10/12/2023 10/12/23 | Price Changed | $465,000 | -5.1% | $309 / Sq Ft |
| 07/27/2023 07/27/23 | For Sale | $490,000 | +75.0% | $325 / Sq Ft |
| 09/12/2019 09/12/19 | Sold | -- | -- | -- |
| 07/29/2019 07/29/19 | Pending | -- | -- | -- |
| 07/29/2019 07/29/19 | For Sale | $280,000 | -- | $186 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $3,461 | $531,780 | $417,030 | $114,750 |
| 2024 | $3,461 | $293,159 | $417,030 | $169,560 |
| 2023 | $4,024 | $266,508 | $417,030 | $125,964 |
| 2022 | $4,132 | $242,280 | $72,410 | $169,870 |
| 2021 | $4,228 | $226,000 | $72,410 | $153,590 |
| 2020 | $4,737 | $272,180 | $126,730 | $145,450 |
| 2019 | $3,482 | $168,860 | $48,280 | $120,580 |
| 2018 | $3,366 | $162,300 | $48,280 | $114,020 |
| 2017 | $3,329 | $159,310 | $48,280 | $111,030 |
| 2016 | $3,192 | $152,750 | $48,280 | $104,470 |
| 2015 | $2,337 | $147,380 | $48,280 | $99,100 |
Source: Public Records
Agents Affiliated with this Home
-
Mauricio MacGregor
-
Joshua Payer
Buyer's Agent in 2024
Joshua Payer
Keller Williams - Lake Travis
(267) 222-0484
3 in this area
31 Total Sales
-
Letisha Scharff
Seller's Agent in 2019
Letisha Scharff
WoW Properties
(512) 789-5715
15 in this area
50 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8206984
APN: R38135
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