208 Terrace LN, Buchanan Dam TX 78609

Buchanan Dam, TX 78609 | Terrace Park

Ed's Opinion of Value

$129,600 Ed's Estimate: $380,419 $903,005
Lowest Comp Recommended List: $271,000 to $286,000 Highest Comp
The market data from 7 similar recent sales in TERRACE PARK points to a value of approximately $380,419. To sell within a reasonable timeframe at fair market value, the $271,000 to $286,000 range is where I'd position this. Among the similar homes currently available in TERRACE PARK, this price point stands out as competitive. The smaller floor plan (387 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1960 construction puts this home 27 years older than the comp average, a factor in the pricing. In 78609, home values have risen approximately 42.3% over the past 6 months. One of the strongest data points is 184 S Summit TRL, Buchanan Dam TX 78609, adjusting to $271,141; a strong comparable. 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
2 Beds
1 Baths 1 Full
996 Sq Ft
0.45 Acres
1960 Built

About This Property

Home that needs some TLC but has good bones. Great location on Lake Buchanan with 142 feet of Cove waterfront. Property has its own boat ramp and pier. Metal roof installed about 2 years ago. Extra empty lot can be used for RV, garden, etc.FEMA - Unknown Restrictions: Yes

Features

  • Breakfast Bar
  • Primary Bedroom on Main

Location

Schools

School District Burnet ISD
Elementary Shady Grove
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Residential
Flooring Carpet, Vinyl
Cooling Wall/Window Unit(s)
Heating Electric, Space Heater
Exterior Private Dock
County Llano
MLS # 6507529

Listing History

MLS# 6507529 249 days
Jun 12, 2017 Off Market
Apr 14, 2017 Pending
Aug 8, 2016 Listed $150,000

Frequently Asked Questions About 208 Terrace LN, Buchanan Dam TX 78609

When was 208 Terrace LN, Buchanan Dam TX 78609 built?

208 Terrace LN, Buchanan Dam TX 78609 was built in 1960.

How much does 208 Terrace LN, Buchanan Dam TX 78609 cost?

208 Terrace LN, Buchanan Dam TX 78609 sold on June 12, 2017. Contact us for sale price details.

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