304 Fm 1209, Bastrop TX 78602

Bastrop, TX 78602 | Bangs, J Manuel

Ed's Opinion of Value

$427,189 Ed's Estimate: $575,532 $800,000
Lowest Comp Recommended List: $423,000 to $433,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $575,532. I'd recommend coming to market at $423,000 to $433,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in BANGS, J MANUEL. Built in 2006, this home is 17 years older than the average comp, which is reflected in the adjustments. The 5.38 acre lot (larger than the 0.32 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in BANGS, J MANUEL, listed between $429,984 and $800,000. The trend in 78602 shows prices have risen 0.2% in the past 6 months. 140 Old Windmill LN, Bastrop TX 78602 nearby adjusts to $696,058; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
6 Beds
4 Baths
2,901 Sq Ft
5.378 Acres
2006 Built

About This Property

Great location between Bastrop and Austin. Currently used as income producing property. Has two residential lease homes which are both double-wide mobile homes. Current monthly income from lease of these homes is $1500 per month. Also has a communication tower site on the Northwest corner of property. There is a 50 yr. lease in place and currently pays $720 per month.Restrictions: Yes

Location

Property Details

Property Type Residential
Stories 1
Cooling Central Air
Heating Central
Exterior None
County Bastrop
MLS # 6922905

Tax Information

Annual Taxes $4,721 (2010)

Listing History

MLS# 6922905 1 days
Apr 13, 2015 Off Market
Apr 7, 2015 Listed $124,900

Frequently Asked Questions About 304 Fm 1209, Bastrop TX 78602

When was 304 Fm 1209, Bastrop TX 78602 built?

304 Fm 1209, Bastrop TX 78602 was built in 2006.

How much does 304 Fm 1209, Bastrop TX 78602 cost?

304 Fm 1209, Bastrop TX 78602 sold on April 13, 2015. Contact us for sale price details.

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