Seller's Agent in 2022
Amanda Beck
United Real Estate Austin
(512) 539-9736
1 in this area
7 Total Sales
Estimated Value: $2,359,514
4
Beds
4
Baths
2,385
Sq Ft
$989/Sq Ft
Est. Value
Highlights
- In Ground Pool
- View of Trees or Woods
- Open Floorplan
- Dripping Springs Middle School Rated A
- 7.59 Acre Lot
- Corner Lot
About This Home
As of March 2022Rare Find! Your compound awaits in Dripping Springs! Option to maintain the STR business, Liney Moon, or not and use the property for personal use. The main house has 4 bedrooms and 4 full bathrooms with a total of 2,385 sf. Amenities include a fenced, Barton Springs-esque swimming pool, enormous outdoor patio with sliding doors that open to the main living space, a "chapel on the hill" with limestone blocks for seating, three tiny houses affectionately referred to as 'The Triplets', each with a full bathroom and kitchen, and finally TEN cabins, each like a hotel room, for a total of 14 units on the grounds. The cabins are set in a horseshoe shape around a common grill space. The cabins could be separated from the rest of the property with a gate or sold off and redeveloped with a market or any business. Land is unrestricted. There's room to build or enjoy it just as it is! Found at the corner of West Fitzhugh and McGregor Road with two entrance gates and a privacy metal fence. Great location for fun! Jester King, Treaty Oak Distilling, Texas Hill Country Olive Co. and others are found on McGregor Road with Dreamland (mini-golf/concert venue/sport-court) around the corner on 290! Dripping Springs is host to established community, happy visitors, and savvy Texas business owners. It is THE spot for growth in Central Texas. Scroll photos for an aerial view and interior shots of the triplets and cabins! See floor plan and video in links!
BOM - No issues were identified before the seller was notified that the buyer was not a fit. The property is extremely clean and well cared for.
Schedule your showing!
Last Agent to Sell the Property
United Real Estate Austin License #0638734 Listed on: 09/08/2021
Property Details
Property Type
- Other
Est. Annual Taxes
- $40,979
Year Built
- Built in 2017
Lot Details
- 7.59 Acre Lot
- Lot Dimensions are 314x776
- Northwest Facing Home
- Security Fence
- Gated Home
- Native Plants
- Corner Lot
- Sprinkler System
- Many Trees
Home Design
- Slab Foundation
- Spray Foam Insulation
- Metal Roof
- Wood Siding
- Concrete Siding
- Metal Siding
Interior Spaces
- 2,385 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Aluminum Window Frames
- Living Room with Fireplace
- Views of Woods
- Home Security System
Kitchen
- Oven
- Cooktop
- Dishwasher
- Kitchen Island
- Quartz Countertops
Flooring
- Concrete
- Vinyl
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 4 Full Bathrooms
- Soaking Tub
Laundry
- Laundry on main level
- Washer and Dryer
Parking
- 10 Parking Spaces
- Gravel Driveway
Accessible Home Design
- Accessible Full Bathroom
- Accessible Approach with Ramp
Eco-Friendly Details
- Sustainability products and practices used to construct the property include renewable materials
- Energy-Efficient Windows
Pool
- In Ground Pool
- Outdoor Pool
- Fence Around Pool
Outdoor Features
- Covered Patio or Porch
- Outdoor Grill
Schools
- Walnut Springs Elementary School
- Dripping Springs Middle School
- Dripping Springs High School
Utilities
- Central Heating and Cooling System
- Ductless Heating Or Cooling System
- Propane
- Well
- Septic Tank
- High Speed Internet
Community Details
- No Home Owners Association
- Madrone Ranch Sec Ii A & Ii B Subdivision
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 115097002A011004
- 2% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2021
Closed on
Mar 22, 2022
Sold by
5401 W Fitzhugh Llc
Bought by
Tlm Dripping Springs Lp
Seller's Agent
Amanda Beck
United Real Estate Austin
Buyer's Agent
Sean Canahuate
Keller Williams Realty
List Price
$2,720,000
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
-3.02%
Original Mortgage
$1,904,000
Outstanding Balance
$1,330,632
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$1,028,882
Purchase Details
Closed on
Jan 2, 2020
Sold by
The Liney Moon Llc
Bought by
5401 W Fitzhugh Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 8, 2015
Sold by
Bradford Caroline E and Bradford Stephen W
Bought by
Liney Moon Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2014
Sold by
4B Ventures Llc
Bought by
Liney Moon Llc
Purchase Details
Closed on
Aug 9, 2014
Sold by
Bandali Mohamed
Bought by
Liney Moon Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tlm Dripping Springs Lp | -- | Texas National Title | |
| 5401 W Fitzhugh Llc | -- | Texas National Title | |
| Liney Moon Llc | -- | -- | |
| The Liney Moon Llc | -- | None Available | |
| Liney Moon Llc | -- | -- | |
| Bradford Caroline | -- | None Available | |
| Liney Moon Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tlm Dripping Springs Lp | $1,904,000 | |
| Previous Owner | 5401 W Fitzhugh Llc | $1,800,000 | |
| Previous Owner | Liney Moon Llc | $650,000 | |
| Previous Owner | Bradford Caroline | $365,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2022 03/22/22 | Sold | -- | -- | -- |
| 01/31/2022 01/31/22 | Pending | -- | -- | -- |
| 01/25/2022 01/25/22 | For Sale | $2,720,000 | 0.0% | $1,140 / Sq Ft |
| 01/20/2022 01/20/22 | Pending | -- | -- | -- |
| 01/13/2022 01/13/22 | For Sale | $2,720,000 | 0.0% | $1,140 / Sq Ft |
| 10/22/2021 10/22/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $2,720,000 | -- | $1,140 / 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 |
|---|---|---|---|---|
| 2024 | $40,979 | $2,620,000 | $654,270 | $1,965,730 |
| 2023 | $39,536 | $2,618,217 | $654,270 | $1,963,947 |
| 2022 | $44,656 | $2,618,217 | $377,040 | $2,241,177 |
| 2021 | $27,589 | $1,474,635 | $160,050 | $1,314,585 |
| 2020 | $27,341 | $1,461,369 | $139,340 | $1,322,029 |
| 2019 | $22,352 | $1,083,879 | $116,740 | $967,139 |
| 2018 | $17,093 | $824,290 | $113,880 | $710,410 |
| 2017 | $15,265 | $730,570 | $188,180 | $542,390 |
| 2016 | $15,265 | $730,570 | $188,180 | $542,390 |
| 2015 | $2,048 | $131,160 | $131,160 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Beck
-
Sean Canahuate
S
Buyer's Agent in 2022
Sean Canahuate
Keller Williams Realty
(703) 656-6239
1 in this area
3 Total Sales
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1196095
APN: R71220
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