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315 Summit Drive

315 Summit Drive, Dripping Springs, TX 78620
315 Summit Drive has been categorized by the local assessors in Dripping Springs, TX as a type of property. The building has a total of 100 stories. In addition, 315 Summit Drive has 1,104 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,968 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $323,200 in Nov 16, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $395,974 in taxes each year. 315 Summit Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $235,444. If we break it down further, the land itself was valued at $70,800. Improvements to the property, however, were assessed at a total of $261,530. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210827
08/27/2021
3 Bed
1 Bath
1104 ft²
$339,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1104 ft²
-
-
Loretta Thomason
Keller Williams - Austin SW


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,968
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,104
  • Gross Building Area: 900
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S5730 - NORTH FORTY SEC 2
  • Land Acres: 0000000274
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: NORTH FORTY #2 LOT 25 BLK A GEO#90403095

Neighborhood

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

Geography

  • Parcel: R36469
  • Municipality: CITY OF DRIPPINGS SPRINGS
  • Latitude: 30.2034
  • Longitude: -98.0837

    Address

  • Full Address: 315 Summit Dr
  • Address - House Number: 315
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dripping Springs
  • Carrier Code: H012
  • 4-Digit Zip Code: 3816
  • Zip Code: 78620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,974
  • Tax Rate Code Area: CAD,CDS,EN

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 398,687
  • High Value: 490,071
  • Low Value: 307,303

    Market Valuation

  • Market Total Value: $332,330
  • Market Land Value: $70,800
  • Market Improvement Value: $261,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,444
  • Assessed Land Value: $70,800
  • Assessed Improvements Value: $261,530

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8690
  • Previous Sale Recording Date: Nov 23, 2021
  • Previous Sale Contract Date: Nov 16, 2021
  • Previous Sale Amount: $323,200
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Dripping Springs



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Frequently Asked Questions

What neighborhood is 315 Summit Drive located in?
The 315 Summit Drive is a house located in the neighborhood of Dripping Springs-Wimberley in Dripping Springs, Dripping Springs.
What is the average sales price for listings in 315 Summit Drive?
The average sales price for units in 315 Summit Drive is $0 currently.