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Awning Analysis
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Market Statistics
Demographics
550 Hays Country Acres RoadDripping Springs, TX 78620
$1,800,000  
5  Bd
5  Ba
4,210  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
Located between Austin and Dripping Springs, perched on a hill overlooking the expansive 7+ acre property, your perfect home awaits! While this property makes an amazing equestrian estate, the land is really for anyone who's looking for privacy, beautiful oak trees, fertile soils and a fabulous location! The expansive home has three bedrooms downstairs with 2.5 baths and an office or additional bedroom. The spacious primary bedroom includes his/hers vanities and 2 walk-in closets, plantation shutters and a patio door. Upstairs holds another 2 bedrooms, a second office and a huge game room complete with a wet-bar and amazing views! The beautifully updated kitchen will inspire the cook in the family with marble counters, double ovens, stainless appliances, a farm sink & a wine fridge! The stellar 35x35 BarnMaster contains 5 stalls, a tack room, several turnouts, 2 fenced pastures with cross fencing and an arena! Along with the attached two care garage there is an additional 25x30 metal building on slab with electricity which makes a great he/she shed, an awesome shop, or a place to store all of your toys! Come see all this property has to offer, just 4 miles to Dripping Springs schools and less than 20 miles to downtown Austin! Attached is a Property Features list as there is so much more to mention about this great property!
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Listed by: Letisha Scharff · DRE#: 554422 · WoW PropertiesSource: actris · MLS#: 5331517 · Originating MLS: Austin Board of RealtorsAwning last checked: today at 10:06 AM | Last updated 04/12/2023Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$474
$/Unit
$1,995,000
Lot size
309,929
Built in
2000
Days on Awning
194

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
$11,228

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 • 174.6 miles away
A+
Academics
A
Teachers
A-
Student-Teacher Ratio
15:1
Total Students
1958
Dripping Springs Middle SchoolGrades 6 to 8Serves this home • 7.0 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 • 7.0 miles away
A-
Academics
A-
Teachers
A
Student-Teacher Ratio
15:1
Total Students
739
Forest Trail Elementary SchoolGrades K to 5Nearby • 24.2 miles away
A+
Academics
A+
Teachers
A+
Student-Teacher Ratio
13:1
Total Students
569
Cedar Creek Elementary SchoolGrades K to 5Nearby • 24.9 miles away
A+
Academics
A+
Teachers
A+
Student-Teacher Ratio
13:1
Total Students
523
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
$1,800,000336% higher than zip
Rent
$4,060237% higher than zip
Rent to Income
44.9%237% 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.
This chart is unavailable due to screen size
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%