When was property at 497 Cortaro Drive built and last sold?

The property at 497 Cortaro Drive was built in 2022 and last sold on Mar 21, 2024 for $814,625.

How much is this home worth?

The estimated value of the home located at 497 Cortaro Drive is $0.

What are some comparable homes to 497 Cortaro Drive?

There are currently no comparable homes to 497 Cortaro Drive.

Dripping Springs

78620

497 Cortaro DR

$899,000

● House - Off Market

497 Cortaro DR

Dripping Springs, TX 78620

5 Beds

5 Baths, 1 Half Bath

4,295 Ft²

$6,241

Est. Monthly

$60

HOA / Fees

3.92%

Cap Rate

About This Property

Welcome to your dream home in the highly sought-after Cortaro neighborhood. With expansive hill country views, this exquisite .75 acre property features 5 bedrooms, 4.5 bathrooms, a 3-car garage, an oversized bonus game room, and multiple living spaces. The spacious primary bedroom suite on the main floor offers ample storage, double vanity, a walk-in closet, natural light, and a luxurious stand-alone tub. The covered patio, equipped with a built-in kitchen, is perfect for outdoor entertaining while enjoying the .75-acre lot. Enjoy movie nights in the media room and work efficiently in the dedicated office space with hill country views. With its own full bath and walk-in closet, the first-floor guest suite simplifies hosting. Located near Dripping Springs Elementary and minutes from downtown, this home is a rare find in a coveted neighborhood. Experience luxury living at its finest-floorplans attached.

Unit Size

4,295 Ft²

Days on Market

Land Size

0.75 acres

Price per sqft

$209

Property Type

House

Property Taxes

$1,767

HOA Dues

$60

Year Built

2022

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Unlock MLS #ACT4989185)

Price History

Date / Event	Date	Event
Feb 19, 2024	In contract	-
In contract
Feb 15, 2024	Listed by Compass RE Texas, LLC	$899,000
Listed by Compass RE Texas, LLC

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2022

Effective Year Built: 2022
Bedroom Count: 5
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 11
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 16
Floor Count: 200
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 781
Parking Space Count: 3
Patio Type: 0
Porch Type: 6
Pool Type: 0

Dimensions

Lot Size Square Feet: 32,670

Lot Size Frontage Feet: 0
Total Building Area: 4,290
Gross Building Area: 5,071
Building Area: 4,290
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 4,290
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CORTARO SUBDIVISION
Land Acres: 0000000750
Standard Land Use Code: 1001
County Land Use Code: A1
Legal Description 1: CORTARO SUBDIVISION, LOT 16, ACRES 0.75

Neighborhood

School District Name: Hays Consolidated Independent School District

School Tax School District: GHA,RSP,SDS
Census Tract: 010817

Geography

Parcel: R173904

Lot: 16
Municipality: CITY OF DRIPPINGS SPRINGS
Latitude: 30.2112
Longitude: -98.0938

Address

Full Address: 497 Cortaro Dr

Address - House Number: 497
Address - Street Name: Cortaro
Address - Suffix Type: Dr
State: TX
City Name: Dripping Springs
Carrier Code: H004
4-Digit Zip Code: 2592
Zip Code: 78620

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,729,079
Tax Rate Code Area: CAD,CDS,EN

Appraisal Valuation

Standard Deviation: 0.1906

Valuation Date: Mar 27, 2024
Confidence Score: 74
Final Value: 851,987
High Value: 1,014,394
Low Value: 689,580

Open Liens

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Market Valuation

Market Total Value: $1,028,100

Market Land Value: $88,500
Market Improvement Value: $939,600

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,028,100
Assessed Land Value: $88,500
Assessed Improvements Value: $939,600

Sales

Current Sale Contract Date: Mar 21, 2024

Current Sale Recording Date: Mar 22, 2024
Current Sale Price:

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Current Sale Document Type: 27
Current Sale Input Document Number: 10179
Previous Sale Recording Date: Jan 20, 2023
Previous Sale Contract Date: Jan 19, 2023
Previous Sale Amount: $931,000
Previous Sale Document Type: 68

Last Sale Mortgage

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Dripping Springs

Stats & Trends

Median Asking:

$604,495

Sale Price/ft²

$246

Below Asking

0.04%

Average Days on Market

Average Home Size

2749 ft²

Average Home Age

12.1 years

Currently For Sale

17 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 261 Crater Lake Dr, Dripping Springs, TX, 78620

$2,995 /mo

4 Beds
2 Baths
2,443 ft²

261 Crater Lake Dr, Dripping Springs, TX, 78620 Listing by Kim Wilkin

Unit for rent at 2591 Spring Valley Dr, Dripping Springs, TX, 78620

$3,000 /mo

3 Beds
1 Bath
1,444 ft²

2591 Spring Valley Dr, Dripping Springs, TX, 78620 Listing by Heather Jones

Unit for rent at 119 Cotton Tree Ter, Dripping Springs, TX, 78620

$2,850 /mo

3 Beds
2 Baths
1,690 ft²

119 Cotton Tree Ter, Dripping Springs, TX, 78620 Listing by lauren Flanders-caldwell

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Christen Bakke
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2024-03-21 18:17:36
Data Source: Unlock MLS, MLS# ACT4989185

Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

497 Cortaro DR

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Dripping Springs

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions