515 E Island DR, Bluffton TX 78607

Off Market

Nestled on a quiet street on Lake Buchanan, your family compound or vacation rental awaits

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Ed's Opinion of Value

$268,135 Ed's Estimate: $669,608 $977,346

Lowest Comp Recommended List: $539,000 to $549,000 Highest Comp

Taking into account 7 nearby comparable sales, this property's estimated value comes to $669,608. If we were to list this property today, I'd recommend a list price in the $539,000 to $549,000 range. This home's position in the current ISLAND market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. This home's smaller footprint (186 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 7 minus 7 of the comps had one. The strength of this estimate comes from 7 directly comparable sales in ISLAND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

ISLAND Market Trends

$320,000 Median Sold Price ▲ 6.7% 6mo

$304/sqft Median $/SqFt ▲ 35.5% 6mo

132 days Avg Days on Market 52 days faster

27 homes Active Inventory 40.5 mo supply

94.7% Sale-to-List Ratio

4 Sales (6 months)

Recently Sold Comparables

$977,346 adjusted 810 Morgan Creek DR, Burnet TX 78611 3bd / 3.0ba • 2,212 sqft • 4 mi Sold 11 months ago

$622,786 adjusted 308 CR 145, Burnet TX 78611 4bd / 3.0ba • 2,861 sqft • 4.4 mi Sold 2 months ago

$268,135 adjusted 110 N Ridgeview, Buchanan Dam TX 78609 3bd / 3.0ba • 1,576 sqft • 3.5 mi Sold 15 days ago

$716,558 adjusted 1710 County Road 128, Burnet TX 78611 3bd / 2.0ba • 1,776 sqft • 2.2 mi Sold 11 months ago

$567,329 adjusted 103 Breezeway DR, Burnet TX 78611 3bd / 3.0ba • 1,794 sqft • 2.4 mi Sold 10 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

$505,000 1192 County Road 225, Bluffton TX 78607 4bd / 3.0ba • 2,128 sqft • 1.1 mi 1 days on market

$750,000 220 W Lakecrest DR, Bluffton TX 78607 3bd / 2.0ba • 1,914 sqft • 0.3 mi 188 days on market

4 Beds

3 Baths 3 Full

2,229 Sq Ft

0.51 Acres

1984 Built

1 Garage

About This Property

A unique opportunity…Owner Occupy or Vacation retreat less than an hour from Austin. 3/2 main house with a 1/1 attached apartment offers so many opportunities. Super cute modern farmhouse design with views for days. Waterfront with Beach access or put in for your water sports. Brand new ac units 2022, New state of the art septic 2022 - warranty transfers, UV water /RO purification system/softener new 2021- Owned. Outdoor living at it's best with outside living space, fireplace, and above ground pool. Ripe for a family or an investor to make a compound. Extremely well cared for. Furniture package avail for an extra cost. Come get your slice of heaven on Lake Buchanan.

Property Highlights

Pool Above Ground

Features

Ceiling Fan(s)
Primary Bedroom on Main
See Remarks

Location

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Schools

School District Burnet ISD

Elementary Burnet

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Laminate, Tile

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Electric

Exterior Boat Ramp, Exterior Steps

County Llano

MLS # 5232422

Garage 1 spaces

Listing History

MLS# 5232422 19 days

Apr 3, 2023	Off Market
Mar 15, 2023	Listed		$1,099,500

MLS# 9745166 50 days

Dec 8, 2022	Off Market
Oct 19, 2022	Listed		$1,200,000

MLS# 8675195 137 days

Nov 4, 2016	Off Market
Apr 6, 2016	Listed		$275,000

Frequently Asked Questions About 515 E Island DR, Bluffton TX 78607

When was 515 E Island DR, Bluffton TX 78607 built?

515 E Island DR, Bluffton TX 78607 was built in 1984.

How much does 515 E Island DR, Bluffton TX 78607 cost?

515 E Island DR, Bluffton TX 78607 is currently off market.

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