NOT LISTED FOR SALE

325 Madera Way Dripping Springs, TX 78620

Estimated Value: $1,385,000 - $1,666,024

5 Beds
3.5 Baths
4,353 Sq Ft
$350/Sq Ft Est. Value

Last Sold November 03, 2020

Current estimated payment $10,513/month

5 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Home fronts a pond
  • Dripping Springs Middle School Rated A
  • Fishing
  • Gated Community

About This Home

As of November 2020

Come home to a dream! Rare opportunity to own over 4 acres in a gated Dripping Springs neighborhood. This property is situated at the end of the street and offers a main house (approx 4,353 sq ft) as well as a cabin (approx 672 sq ft) that overlook a serene fishing pond. Both the interior and exterior of the main property have been beautifully remodeled and updated with quality finishes that are absolutely GORGEOUS.

The open concept floor plan of the main home features 5 bedrooms, 4 baths, study/den, game room and screened-in porch. The Chef’s dream kitchen boasts custom cabinetry, premier appliances, wine fridge, large working center island, and the most beautiful stone, custom range hood.??The luxurious primary suite with adjacent sitting area showcases the sophistication of the home with an ensuite fireplace that sets the tone for rest and relaxation. The primary bath is exquisite and completely redone with custom closets to appeal to the most discerning buyers.

Extraordinary outdoor entertaining space with an oversized covered patio off the main level and serene in-ground pool with views of the fishing pond. There is also a detached cabin on property with pond views that offers endless possibilities for conversion to a yoga studio, guest house, office, or she-shed. There is also an established garden on-site complete with raised beds for your fruits and vegetables to be harvested. In the backyard, you'll enjoy 3 pecan, 2 peach and 1 fig tree that are all 20+ year old mature trees.

This home has everything you can imagine with regards to access to an excellent school district, lifestyle and indoor/outdoor entertaining at its finest. To live here is to relax, escape and breathe in the calm tranquility of country life yet only 35 minutes from Downtown Austin. Welcome home.

Last Agent to Sell the Property

Pavla Guggenheim

The Virtual Realty Group License #0601202 Listed on: 09/18/2020

Last Buyer's Agent

Roxanne Kahn

AustinRealEstate.com License #0587027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,635

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 4.39 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • West Facing Home
  • Gated Home
  • Back Yard Fenced
  • Native Plants
  • Level Lot
  • Sprinkler System
  • Mature Trees
  • Property is in excellent condition

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Side Facing Garage
  • Garage Door Opener
  • Additional Parking

Property Views

  • Pond
  • Hills

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 4,353 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bookcases
  • Bar Fridge
  • Recessed Lighting
  • Window Treatments
  • Bay Window
  • Display Windows
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Multiple Living Areas

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Pool

  • In Ground Pool
  • Outdoor Pool
  • Waterfall Pool Feature

Outdoor Features

  • Covered Patio or Porch
  • Waterfall on Lot
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Propane
  • Well
  • Water Purifier is Owned
  • Septic Tank
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 112495000A013004
  • Tax Block A

Community Details

Overview

  • Association fees include common area maintenance
  • Dos Lagos Association
  • Dos Lagos Sub Subdivision

Recreation

  • Fishing

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,635

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1996
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: W on 290 from Downtown Austin. L on Dos Lagos Dr, Right onto Madera Way - home is on the left.
  • Disclosures: Seller Disclosure
  • Fencing: Back Yard, Gate, Partial
  • Fireplaces: 2
  • Garage Spaces: 2
  • Green Energy Efficient: Appliances, Thermostat
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 4353
  • Other Structures: Guest House
  • Special Listing Conditions: Standard
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 13019.00
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Homestead
  • Unit Style: 1st Floor Entry
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bookcases, French Doors, High Speed Internet, Interior Steps, Kitchen Island, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, See Remarks, Quartz Counters
  • View: Hill Country, Pond
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Bedroom, Living Room
  • Accessibility Features: None
  • Appliances: Bar Fridge, Dishwasher, Disposal, Gas Range, Gas Oven, Free-Standing Gas Range, RNGHD, Stainless Steel Appliance(s), Water Purifier Owned, Wine Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Updated/Remodeled, Excellent
  • Security Features: Fire Alarm, Smoke Detector(s), See Remarks
  • Window Features: Bay Window(s), Display Window(s), Window Treatments, See Remarks
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Room,Lower Level
  • Num Dining: 1
  • Num Living: 3
  • Num Other Level Beds: 3

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Gutters Partial, Lighting, See Remarks
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Covered, Front Porch, Screened, See Remarks
  • Pool Features: In Ground, Outdoor Pool, Private, Waterfall
  • Private Pool: Yes
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Additional Parking, Attached, Garage Door Opener, Garage Faces Side, Oversized
  • Total Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected, High Speed Internet, Phone Available, Propane, Sewer Available, Water Connected
  • Heating: See Remarks
  • Water Source: Well
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 55

Association/Amenities

  • Association Name: Dos Lagos
  • Association: Yes
  • Community Features: Common Grounds, Fishing, Gated, High Speed Internet

Schools

  • Elementary School: Walnut Springs
  • High School: Dripping Springs
  • Middle/Junior School: Dripping Springs Middle
  • Junior High Dist: Dripping Springs ISD

Lot Info

  • Lot Features: Cul-De-Sac, Level, Native Plants, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Views, Waterfall
  • Parcel Number: 112495000A013004
  • Lot Size Acres: 4.39
  • Lot Size Sq Ft: 191228.4
  • Subdivision Name: Dos Lagos Sub
  • Special Assessment: No

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Block: A
  • Tax Year: 2019
  • Tax Annual Amount: 12635.16
  • Tax Map Number: 13
  • Tax Filled Sqft Total: 5025
  • Tax Rate: 1.96050000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 3, 2020
Sold by
Goodnight Katie Ann and Parton Luke Timothy
Bought by
Silva Joseph Francis and Saari Christina
Seller's Agent
Pavla Guggenheim
The Virtual Realty Group
Buyer's Agent
Roxanne Kahn
AustinRealEstate.com
List Price
$989,000
Current Estimated Value
$1,610,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$865,956
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Apr 5, 2019
Sold by
Goodnight Patti Louise
Bought by
Goodnight Katie Ann and Parton Luke Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,700
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2015
Closed on
Feb 22, 2016
Sold by
Swedberg Edwin C and Swedberg Donnadee T
Bought by
Goodnight Katie Ann and Parton Luke Timothy
Seller's Agent
Mark Clausen
Compass RE Texas, LLC
Buyer's Agent
Pavla Guggenheim
The Virtual Realty Group
List Price
$639,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$417,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2009
Sold by
Robinson Randall H and Robinson Andrea H
Bought by
Swedberg Edwin C and Swedberg Donnadee T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.84%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 2005
Sold by
Robinson Partners Ltd
Bought by
Robinson Randall H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,000
Interest Rate
5.76%
Mortgage Type
Seller Take Back
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
Silva Joseph Francis -- Independence Title
Goodnight Katie Ann -- Independence Title Co
Goodnight Katie Ann -- Corridor Title
Swedberg Edwin C -- First American Title
Goodnight Katie Ann -- --
Robinson Randall H -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Joseph Francis $874,631
Closed Silva Joseph Francis $865,956
Previous Owner Parton Luke Timothy $135,500
Previous Owner Parton Luke Timothy $550,700
Previous Owner Goodnight Katie Ann $417,000
Previous Owner Swedberg Edwin C $405,975
Previous Owner Goodnight Katie Ann $417,000
Previous Owner Robinson Randall H $431,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold -- -- --
09/23/2020 09/23/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $989,000 +54.8% $227 / Sq Ft
02/24/2016 02/24/16 Sold -- -- --
01/12/2016 01/12/16 Pending -- -- --
12/03/2015 12/03/15 Price Changed $639,000 0.0% $147 / Sq Ft
12/03/2015 12/03/15 For Sale $639,000 +2.2% $147 / Sq Ft
12/02/2015 12/02/15 Off Market -- -- --
12/02/2015 12/02/15 For Sale $625,000 -- $144 / 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 $19,661 $1,330,775 $0 $0
2023 $18,268 $1,209,795 $0 $0
2022 $18,758 $1,099,814 $0 $0
2021 $18,221 $973,940 $256,500 $717,440
2020 $13,301 $730,466 $0 $0
2019 $13,694 $664,060 $136,520 $527,540
2018 $13,168 $634,990 $136,520 $498,470
2017 $12,992 $621,770 $136,520 $485,250
2016 $11,899 $569,484 $122,860 $498,370
2015 $9,430 $495,460 $122,860 $372,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5912107

Unlock MLS (Austin Board of REALTORS®)

APN: R117353