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Awning Analysis
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Market Statistics
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220 Kothmann RoadDripping Springs, TX 78620
$3,000,000  
4  Bd
5  Ba
2,453  Sq. Ft.
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Key Insights
A
Overall Niche neighborhood grade
This neighborhood is incredibly desirable to live in! See details
NEW
Market Data
A+
Overall Niche school grade
The public schools in this area are top notch! See details

Awning Agent
Humberto Marquez
Humberto Marquez
#: 716255
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto
The advisor has not left any notes on this property.
Ask Humberto a question
Response time: typically within an hour
Text or call  682-730-0010

Description
Your very own custom home and retreat property set in the backdrop of tranquil hill country views and spring fed creek runs through the property in Dripping Springs, TX.15.3 acres wooded with majestic hardwoods and fruit trees of unrestricted land with unlimited potential. Build your dream home compound, retreat center, farm or whatever your heart desires. Full architectural plans, soil testing, and MEP engineering, upgraded septic system ready, and architectural plans included for a custom home and retreat center included. Whether you want to keep chickens, horses, bees or goats this property is perfectly ready to qualify for AG tax exemption. Value with plans and pre-construction site work is $1,530,000. Construction cost is *$1,062,500 for 2453 SF house with stunning 22 ft ceilings and Dojo with 6 Cabins adds *$637, 500. Total cost $3,200,000 ($1,500,000 to buy land and *$1,700,000 for construction) but will easily appraise over $4,000,000. Why not add an outdoor Pavilion, Japanese outdoor soaking tub, sauna, and cold plunge! All pre build work complete. Start construction now- no wait time. Builder, DaVinci Fine Homes
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Listed by: Letisha Scharff · DRE#: 554422 · WoW PropertiesSource: actris · MLS#: 1733902 · Originating MLS: Austin Board of RealtorsAwning last checked: today at 10:44 AM | Last updated 11/18/2022Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$1,305
$/Unit
$3,200,000
Lot size
666,468
Built in
2022
Days on Awning
323

Copyright: Listing Information © 2023. Data courtesy of the Austin Board of REALTORS®. All Rights Reserved.Disclaimer: The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$2,580

NeighborhoodGet to know what living in 78620 is like.
Report Card for 78620Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
A

Public Schools
A+
Commute
C+
Cost of Living
B-
Crime & Safety
B
Diversity
B
Good for Families
A
Jobs
A+
Walkability
C
Data provided by Niche.

Living in 78620
Bars
C+
Coffee Shops
A-
Health & Fitness
A-
Nightlife
B-
Outdoor Activities
C+
Parks
B+
Restaurants
B
Weather
B+
Data provided by Niche.

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Schools in 78620
This is based on data from the U.S. Department of Education along reviews from students and parents.
Overall GradeThis home is in an A+ school district, meaning the public schools in this area are top notch!
A+

Dripping Springs High SchoolGrades 9 to 12Serves this home • 189.2 miles away
A+
Academics
A
Teachers
A-
Student-Teacher Ratio
15:1
Total Students
1958
Dripping Springs Middle SchoolGrades 6 to 8Serves this home • 8.1 miles away
A
Academics
A
Teachers
A
Student-Teacher Ratio
15:1
Total Students
842
Walnut Springs Elementary SchoolGrades PK, K to 5Serves this home • 8.1 miles away
A-
Academics
A-
Teachers
A
Student-Teacher Ratio
15:1
Total Students
739
Rooster Springs Elementary SchoolGrades PK, K to 5Nearby • 20.9 miles away
A
Academics
A
Teachers
A
Student-Teacher Ratio
15:1
Total Students
825
Serene Hills Elementary SchoolGrades PK, K to 5Nearby • 23.4 miles away
A
Academics
A
Teachers
A+
Student-Teacher Ratio
18:1
Total Students
898
School data provided by Niche.  School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
78620 StatsSee how this home compares to the zip code medians.
78620 Median
Home Value
$413,300
Rent
$1,204
Rent-to-Income
13.3%
Income
$108,570
This Home
Listing Price
$3,000,000626% higher than zip
Rent
$3,490190% higher than zip
Rent to Income
38.6%190% higher than zip
Market statistics provided by Niche.

Average Home Price
See how the price of a home in the area has changed over time.
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in Year 2020
  • 78620
    $520,000
  • County
    $403,000
Average Price / SqFt
See how the price / sqft in the area has changed over time.
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in Year 2020
  • 78620
    $194
  • County
    $176

Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
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in Year 2019
  • 78620
    $146k
  • County
    $95k

Population
See how the area’s total population has changed over time.
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in Year 2020
  • 78620
    21,011
  • Average in County
    36,552

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 7862077%
% Owner Occupied for County72%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 7862058%
% White Collar for County54%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
7862050%
County44%

Age Distribution 78620
See the distribution of people by age in 78620.
Under 2023%
20 - 4426%
45-6432%
65+19%