197 Eight Oaks DR, Bastrop TX 78602

Off Market

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Ed's Opinion of Value

$425,775 Ed's Estimate: $454,132 $585,999

Lowest Comp Recommended List: $506,000 to $530,000 Highest Comp

Based on 7 closed sales in COLONY, the data points to a value around $454,132 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $506,000 to $530,000. This home's position in the current COLONY market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being built in 2005 (20 years older than comps) is factored into the value estimate. Lot size matters here: 1.47 acres versus 0.15 for the typical comp. Current inventory shows 7 comparable homes in COLONY; a buyer's market based on recent absorption. Market data shows COLONY prices fallen 16.6% over the last half year. The closest comparable sale, 155 Coleto TRL, Bastrop TX 78602 at an adjusted $429,454, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

COLONY Market Trends

$430,000 Median Sold Price ▼ 16.6% 6mo

$179/sqft Median $/SqFt ▼ 12.3% 6mo

114 days Avg Days on Market 47 days slower

48 homes Active Inventory 4.4 mo supply

97.6% Sale-to-List Ratio

65 Sales (6 months)

Recently Sold Comparables

$429,454 adjusted 155 Coleto TRL, Bastrop TX 78602 3bd / 2.0ba • 2,095 sqft • 1.4 mi Sold 7 months ago

$471,751 adjusted 294 Maddy WAY, Bastrop TX 78602 4bd / 2.0ba • 1,984 sqft • 0.2 mi Sold 1 months ago

$442,391 adjusted 298 Maddy WAY, Bastrop TX 78602 3bd / 3.0ba • 1,910 sqft • 0.2 mi Sold 8 days ago

$456,291 adjusted 170 Loysoya ST, Bastrop TX 78602 4bd / 2.0ba • 1,896 sqft • 0.3 mi Sold 28 days ago

$425,775 adjusted 181 Coleto TRL, Cedar Creek TX 78602 3bd / 2.0ba • 1,902 sqft • 1.3 mi Sold 5 months ago

Currently on Market

$585,999 126 Spanish TRL, Bastrop TX 78602 4bd / 2.0ba • 2,040 sqft • 0.1 mi 35 days on market

$545,000 103 Hornsby TRL, Bastrop TX 78602 3bd / 2.0ba • 2,343 sqft • 0.9 mi 45 days on market

$468,900 333 Maddy WAY, Bastrop TX 78602 3bd / 2.0ba • 1,984 sqft • 0.1 mi

3 Beds

2 Baths 2 Full

2,077 Sq Ft

1.472 Acres

2005 Built

5 Garage

About This Property

What doesn't speak to you about a limestone house on 1 and a half acres, a covered patio with a corner fireplace, deer, turkey, and various other wildlife passing through as you pinch yourself to be sure you aren't dreaming? This custom built home has several adjustments to accommodate the original owners: larger walkthrough closet, pullout shelving in kitchen & living room, built in entertainment center in living room, wired for surround sound inside and out, separate shower and jacuzzi tub with steps & handrail for safety. There's extra storage accessed only through the owner's closet. Shhh. That's where Santa hid the presents! What appears to be a guest house is actually an 1125 sq ft detached garage with 3 bays: 2 car parking, 1 RV parking. This garage is also plumbed for a shower, sink and toilet. And has 30 and 50 amp outlets for the RV. The owner ran out of motivation to finish the RV garage after a life changing event. How will you finish what he started? Call today for your tour.

Features

Bookcases
Breakfast Bar
Built-in Features
Ceiling Fan(s)
Tray Ceiling(s)
Granite Counters
Crown Molding
Double Vanity
Electric Dryer Hookup
Gas Dryer Hookup
Eat-in Kitchen
Entrance Foyer
Multiple Dining Areas
Primary Bedroom on Main
Soaking Tub
Sound System
Walk-In Closet(s)
Washer Hookup
Wired for Sound

Location

Map loading...

Schools

School District Bastrop ISD

Elementary Bluebonnet (Bastrop ISD)

Middle School Cedar Creek Intermediate

High School Cedar Creek

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior RV Hookup

County Bastrop

MLS # 7013007

Parking

Garage 5 spaces

HOA & Community

HOA Fee $129 /Monthly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $8,963 (2023)

Listing History

MLS# 7013007 25 days (280 CDOM)

Oct 30, 2023	Off Market
Aug 19, 2023	Price Change	$500,000
Aug 3, 2023	Listed	$560,000

Frequently Asked Questions About 197 Eight Oaks DR, Bastrop TX 78602

When was 197 Eight Oaks DR, Bastrop TX 78602 built?

197 Eight Oaks DR, Bastrop TX 78602 was built in 2005.

How much does 197 Eight Oaks DR, Bastrop TX 78602 cost?

197 Eight Oaks DR, Bastrop TX 78602 sold on October 30, 2023. Contact us for sale price details.

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May 31, 2023	Off Market
Sep 14, 2022	Listed		$650,000