508 W Lakecrest DR, Bluffton TX 78607

Off Market

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Ed's Opinion of Value

$91,203 Ed's Estimate: $483,242 $833,425

Lowest Comp Recommended List: $211,000 to $221,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $483,242. To generate strong buyer interest while maximizing value, I'd price this between $211,000 and $221,000. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in ISLAND. This home's larger footprint (552 sqft vs the comp average) plays a role in how the market prices it. The 1995 construction puts this home 15 years newer than the comp average, a factor in the pricing. 7 comparable transactions in ISLAND support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

ISLAND Market Trends

$365,000 Median Sold Price ▲ 24% 6mo

$304/sqft Median $/SqFt ▲ 28.5% 6mo

244 days Avg Days on Market 142 days slower

27 homes Active Inventory 54 mo supply

90.7% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$91,203 adjusted 520 Munson ST, Tow TX 78672 4bd / 2.0ba • 2,394 sqft • 2.4 mi Sold 2 months ago

$575,156 adjusted 104 Live Oak, Tow TX 78672 3bd / 2.0ba • 2,048 sqft • 2.6 mi Sold 18 days ago

$645,141 adjusted 308 Blue Sky WAY, Buchanan Dam TX 78609 3bd / 3.0ba • 2,466 sqft • 3.9 mi Sold 2 months ago

$743,680 adjusted 1514 Sunset Cliff RD, Burnet TX 78611 3bd / 2.0ba • 1,152 sqft • 4.1 mi Sold 8 months ago

$833,425 adjusted 601 Lakewood DR, Burnet TX 78611 2bd / 2.0ba • 1,470 sqft • 2.3 mi Sold 8 months ago

Currently on Market

$739,000 746 E Island DR, Bluffton TX 78607 4bd / 3.0ba • 2,163 sqft • 0.2 mi 1 days on market

$399,000 6702 Fm 690, Burnet TX 78611 3bd / 2.0ba • 2,049 sqft • 2.9 mi 158 days on market

$180,000 835 Whited ST, Tow TX 78672 3bd / 2.0ba • 2,212 sqft • 2.4 mi 127 days on market

3 Beds

2 Baths 2 Full

2,315 Sq Ft

0.7 Acres

1995 Built

5 Garage

About This Property

Located in the desired Island Village (Shaw Island) with an open view of Lake Buchanan and unbelievable sunsets. Even though thewaterfront is lower than normal there are beautiful water and hill country views. Home 3/2 build in 1995 has had upgrades: workroomaddition and 30 x 30 detached garage in 2011, Two Year oald roof, 2 new 2022 HVACs, Well Pump installed, well water treatmentsystem in 2022. New Appliances in 2022. The 2315 sq,ft living space with 173 feet of waterfront on .70 acres has the room and locationsuited for full time living, vacation and/or long/short term rentals . The Kitchen opens to the roomy Family room, 20 x 20 recreation roomand 10 x 10 office.

Features

Breakfast Bar
Built-in Features
Ceiling Fan(s)
Electric Dryer Hookup
Entrance Foyer
Open Floorplan
Pantry
Primary Bedroom on Main
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Burnet ISD

Elementary RJ Richey

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Ceiling Fan(s), Central Air, Heat Pump, Multi Units

Heating Central, Fireplace(s), Heat Pump, Wood Stove

Exterior Boat Ramp

County Llano

MLS # 6519496

Parking

Garage 5 spaces

Listing History

MLS# 6519496 26 days

May 29, 2024	Off Market
May 3, 2024	Listed		$650,000

Frequently Asked Questions About 508 W Lakecrest DR, Bluffton TX 78607

When was 508 W Lakecrest DR, Bluffton TX 78607 built?

508 W Lakecrest DR, Bluffton TX 78607 was built in 1995.

How much does 508 W Lakecrest DR, Bluffton TX 78607 cost?

508 W Lakecrest DR, Bluffton TX 78607 is currently off market.

Similar Properties

$649,000 214 Island Lodges DR, Buchanan Dam TX 78609 3 bd | 2 ba

$650,000 210 Lake LOOP, Tow TX 78672 3 bd | 2 ba

$675,000 5307 Shady Oaks CIR, Kingsland TX 78639 3 bd | 2 ba

$530,000 5244 FM 3509, Burnet TX 78611 3 bd | 2 ba

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