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Market Statistics
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501 Madrone Canyon DrDripping Springs, TX 78620
$2,445,000  
5  Bd
5  Ba
4,361  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.
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Response time: typically within an hour
Text or call  415-941-3401

Description
501 Madrone Canyon Dr is a 4361 Sq. Ft. home with 5 bedrooms and 5 bathrooms located in 78620 in Dripping Springs, TX,
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Listed by: Daniel Justus · DRE#: 733527 · Keller Williams RealtySource: sabor · MLS#: 1671949 · Originating MLS: San Antonio Board of RealtorsAwning last checked: today at 8:07 PM | Last updated 06/02/2023Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$572
$/Unit
$2,495,000
Lot size
599,821
Built in
1998
Days on Awning
386

Copyright: Listing Information © 2024 San Antonio Board of REALTORS®. All Rights Reserved.Disclaimer: Information herein is deemed reliable but not guaranteed and is provided exclusively 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.
 
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
$9,648

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 • 190.2 miles away
A+
Academics
A
Teachers
A-
Student-Teacher Ratio
15:1
Total Students
1958
Dripping Springs Middle SchoolGrades 6 to 8Serves this home • 11.8 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 • 11.7 miles away
A-
Academics
A-
Teachers
A
Student-Teacher Ratio
15:1
Total Students
739
Lakeway Elementary SchoolGrades PK, K to 5Nearby • 23.3 miles away
A
Academics
A
Teachers
A+
Student-Teacher Ratio
17:1
Total Students
695
Rooster Springs Elementary SchoolGrades PK, K to 5Nearby • 23.2 miles away
A
Academics
A
Teachers
A
Student-Teacher Ratio
15:1
Total Students
825
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
$2,445,000492% higher than zip
Rent
$5,720375% higher than zip
Rent to Income
63.2%375% 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
    $99k

Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 78620
    21,011
  • Average in County
    38,488

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 County55%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
7862050%
County45%

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