Manufactured Home on 2.5 acres - Dripping Springs 78620

Hays County, Dripping Springs, TX, 78620
Sold
Listed at: February 1st, 2022
Price
$201,000
ARV
$201,000
Sq. Footage
1624
Type
Attached
Parking
Assigned
Year build
1996
Lot size
2.50 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

This 4br, 2 bath manufactured home has been tenant occupied by the sellers family under market rents basically paying his mortgage but will be vacating upon closing. House needs some cosmetic remodeling to finish out - seller is a contractor and estimates about $20-30k. Foundation is solid. Roof was replaced 10 years ago. HVAC & water heater have been replaced 3 years ago. Kitchen & bathrooms have been updated. Needs some sheet rock work and paint. Carpet and some flooring needs to be replaced. Soft spot under back french doors needs to be repaired. Market rents are $1750/month.


STATS:

  • Bed/Bath: 4/2
  • Sq Ft: 1,624
  • Yr Built: 1996
  • Lot: 2.5 acres
  • Rents: $1750/month


SOLD MLS Comps within 0.5 mile: 

  • 103 River Run, PENDING - $328,000 / $217/ft (3/2, 1512sqft, built 1990, 2.5 acre) dated, good shape
  • 202 River Run St, SOLD $35K OVER ASKING - $225,000 / $250/ft (3/2, 900sqft, built 2004, 2.5 acre) As is, dated full cosmetic remodel needed
  • 120 Oak Rdg, SOLD - $250,000 / $223/ft (3/2, 1120sqft, built 1996, 5 acre) as is, good condition



1. Tallbridge Real Estate is selling their equitable interest in the contracts to purchase the aforementioned properties. All properties are sold for cash or hard money. 2. Buyers responsibility to do your own due diligence and verify all information. 3. Prices are NET to seller with buyer paying all closing costs unless otherwise stipulated. 4. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Lee Fedornak

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Disposition manager