Check Availability
Hays 78620
290 Patti LN
$1,499,900
House - For Sale

290 Patti LN

Dripping Springs, TX 78620
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3316 Sqft
$8,490
Estimated Monthly
2.86%
Cap Rate

About This Property

This description paints a vivid picture of an idyllic retreat nestled in the heart of Texas Hill Country. With its 11 acres of land, the property offers ample space for exploration and the opportunity to craft a lifestyle uniquely tailored to your desires. The presence of a dry weather creek adds a touch of natural charm, enhancing the allure of the landscape throughout the year. The Mediterranean-style architecture of the home, adorned with large arched view windows, seamlessly integrates with the surrounding countryside, providing panoramic views from the balcony. While the structure itself possesses a timeless charm, the prospect of infusing modern design elements promises to elevate its appeal even further, creating a space that harmonizes tradition with contemporary living. The secondary building adds versatility to the property, this 1,444 sqft space is finished out and perfect for the in-laws or for rental income. The land is rolling hill country with a dry weather creek that creates a waterfall at a grotto just off the main drive. Situated just moments away from Fitzhugh Rd and Dripping Springs amenities, residents can enjoy the convenience of nearby attractions while still relishing in the tranquility and seclusion offered by the expansive grounds. Moreover, the property's proximity to acclaimed breweries, distilleries, and al fresco dining spots enhances its appeal, offering a myriad of leisure options within reach. With convenient access to various nearby destinations including SW & Central Austin, Bee Caves, Lakeway, Dripping Springs, and Wimberley, this location serves as an ideal retreat for those seeking both convenience and natural beauty in equal measure. To access disclosures and other details about this property, go to:  https://wkf.ms/3WGxQ1c
Unit Size
3,316Ft²
Days on Market
43 days
Land Size
11.00 acres
Price per sqft
$452
Property Type
House
Property Taxes
$1,125
HOA Dues
-
Year Built
2005

Listed By

Ross Speed
Compass RE Texas, LLC
Last updated: 2 months ago (Unlock MLS #ACT7177941)

Price History

Date / Event Date Event Price
May 3, 2024 Listed by Compass RE Texas, LLC $1,499,900
Listed by Compass RE Texas, LLC

Property Highlights

Air Conditioning
Fireplace
With View
Parking Details
Total Number of Parking: 8
Parking Features: Driveway
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 3

Interior Information

Interior Features: Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Laminate Counters, Double Vanity, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting
Appliances: Cooktop, Dishwasher, Free-Standing Refrigerator, Stainless Steel Appliance(s)
Flooring Type: Carpet, Laminate, Tile
Cooling: Central Air
Heating: Central
Living Area: 3316

Fireplace Information

Fireplace Features: Family Room
Fireplaces: 1

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Square Area: 1,444
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 479,160
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,116
  • Gross Building Area: 3,116
  • Building Area: 3,116
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,116
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PATRICIA FALLS
  • Land Acres: 11
  • Legal Description 1: PATRICIA FALLS, LOT 2, ACRES 11.00

Ownership

  • Current Owner : RICKS LISA K
  • Current Owner 2: RICKS TOBIN A
  • Previous Owner : SANDERS FRED & TRACY FAMILY TRUST
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Dripping Springs Independent School District
  • School Tax School District: RSP,SDS
  • Census Tract: 010809

Geography

  • Parcel: R113784
  • Lot: 2
  • Municipality: UNINCORPORATED AREA
  • Latitude: 30.2545
  • Longitude: -98.0434

    Address

  • Full Address: 290 Patti Ln
  • Address - House Number: 290
  • Address - Street Name: Patti
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Dripping Springs
  • Carrier Code: R002
  • 4-Digit Zip Code: 5209
  • Zip Code: 78620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,354
  • Tax Rate Code Area: CAD,ENR,FN

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,221,327
  • High Value: 1,450,959
  • Low Value: 991,696

    Market Valuation

  • Market Total Value: $1,606,990
  • Market Land Value: $830,720
  • Market Improvement Value: $776,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $884,356
  • Assessed Land Value: $830,720
  • Assessed Improvements Value: $776,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Mar 26, 2003
  • Current Sale Transaction ID: 11553682570
  • Current Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
5 Beds
4 Baths
3,672 ft²
$340/ft²
$1,250,000 Nov 30, 2023
-
$1,360/mo
House
4 Beds
3 Baths
2,818 ft²
$496/ft²
$1,399,000 Mar 28, 2024
-
$1,764/mo
House
4 Beds
4 Baths
2,950 ft²
$593/ft²
$1,750,000 Mar 9, 2024
-
$898/mo
Commercial
Loft
-
-
$1,795,000 Mar 11, 2023
-
$896/mo

About Hays


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Nearby Rentals



Frequently Asked Questions

When was property at 290 Patti Lane built and last sold?
The property at 290 Patti Lane was built in 2005 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 290 Patti Lane is $1,514,899.
What are some comparable homes to 290 Patti Lane?
Homes that are comparable to 290 Patti Lane include a house property at 12303 Triple Creek Circle, 11155 Bonham Ranch Road, 31858 Ranch Road 12.

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