12303 W Highway 71, Bee Cave TX 78738

Bee Cave, TX 78738 | Smith Lloyd

Ed's Opinion of Value

$607,100 Ed's Estimate: $873,296 $873,296
Lowest Comp Recommended List: $669,000 to $733,000 Highest Comp
The market data from 7 similar recent sales in SMITH LLOYD points to a value of approximately $873,296. To sell within a reasonable timeframe at fair market value, the $669,000 to $733,000 range is where I'd position this. In the current SMITH LLOYD market with 0 similar homes available, this price represents no active comparable homes on the market. The smaller floor plan (2,250 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1983 construction puts this home 11 years older than the comp average, a factor in the pricing. In 78738, home values have fallen approximately 1.3% over the past 6 months. One of the strongest data points is 13000 Grubstake Gulch ST, Bee Cave TX 78738, adjusting to $733,333; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
1 Beds
1 Baths 1 Full
720 Sq Ft
0.945 Acres
1983 Built
4 Garage

About This Property

Amazing live/work opportunity in a high traffic location in one of the highest growth areas of town. The property is located within the city of Bee Caves, zoned multi-use, neighborhood service. It has a 1 bedroom 1 bath log cabin with incredible views. The owners have lived there on and off while running a successful businesses well using the cabin as an office space. In addition to the home, it has 3 additional buildings used for storage and workshops. The lot has over 240 feet of frontage on US Highway 71, .95 acre and in the back has incredible panoramic views of. The 3 buildings are close to 1800 sf of workshop and storage space.

Features

  • Ceiling Fan(s)
  • Open Floorplan
  • Primary Bedroom on Main

Location

Schools

School District Lake Travis ISD
Elementary Lake Pointe
High School Lake Travis

Property Details

Property Type Residential
Flooring Laminate
Cooling Central Air
Heating Central, Electric
Exterior See Remarks
County Travis
MLS # 8428609

Parking

Garage 4 spaces

Tax Information

Annual Taxes $2,498 (2020)

Listing History

MLS# 8428609 192 days
Dec 30, 2021 Off Market
Jun 8, 2021 Price Change $1,490,000
Mar 12, 2021 Listed $1,850,000

Frequently Asked Questions About 12303 W Highway 71, Bee Cave TX 78738

When was 12303 W Highway 71, Bee Cave TX 78738 built?

12303 W Highway 71, Bee Cave TX 78738 was built in 1983.

How much does 12303 W Highway 71, Bee Cave TX 78738 cost?

12303 W Highway 71, Bee Cave TX 78738 sold on December 30, 2021. Contact us for sale price details.

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