503 Elm CIR, Buchanan Dam TX 78609

Buchanan Dam, TX 78609 | Greenwood Acres

Off Market

Exterior Front : Older brick home in lovely, quaint lake community. Sits upon a hill on a nice, wide corner lot. Walk to Lake Buchanan!

Additional photos available to registered users

Ed's Opinion of Value

$165,471 Ed's Estimate: $326,544 $373,939

Lowest Comp Recommended List: $346,000 to $348,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $326,544. I'd recommend coming to market at $346,000 to $348,000 to strike the right balance between value and market velocity. Against 1 similar active listings in GREENWOOD ACRES, this price point lands at below the only comparable home currently on the market. Built in 1980, this home is 12 years older than the average comp, which is reflected in the adjustments. The 0.25 acre lot (smaller than the 0.43 acre average) is reflected in the estimate. With 6 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

78609 Market Trends

$500,000 Median Sold Price ▲ 51.5% 6mo

$265/sqft Median $/SqFt ▲ 26.2% 6mo

188 days Avg Days on Market 127 days slower

17 homes Active Inventory 11.3 mo supply

94.6% Sale-to-List Ratio

9 Sales (6 months)

Recently Sold Comparables

$373,939 adjusted 126 Lakeview DR, Buchanan Dam TX 78609 3bd / 2.0ba • 1,487 sqft • 0.3 mi Sold 2 months ago

$346,266 adjusted 658 Golden Beach DR, Buchanan Dam TX 78609 2bd / 2.0ba • 1,456 sqft • 0.5 mi Sold 5 months ago

$344,532 adjusted 501 Willow ST, Buchanan Dam TX 78609 4bd / 3.0ba • 1,971 sqft • 0.1 mi Sold 7 months ago

$348,050 adjusted 707 Golden Beach DR, Buchanan Dam TX 78609 3bd / 2.0ba • 1,433 sqft • 0.6 mi Sold 9 months ago

$165,471 adjusted 1542 Roselea DR, Buchanan Dam TX 78609 3bd / 2.0ba • 1,608 sqft • 3.1 mi Sold 11 months ago

Currently on Market

$290,000 110 N Ridgeview, Buchanan Dam TX 78609 3bd / 3.0ba • 1,576 sqft • 0.2 mi 2 days on market

3 Beds

3 Baths 2 Full

1,570 Sq Ft

0.25 Acres

1980 Built

2 Garage

About This Property

REDUCED!!! 2 BR home in great lake community! Lots of cabinets & storage, enclosed back porch, covered boat parking or work area. Spacious utility room. 1 block from Lake Buchanan & community park w/boat dock, pier. Fixer Upper project, needs TLC. Great potential weekend or retirement home. Fisherman's dream!FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Burnet ISD

Elementary Shady Grove

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Carpet, Linoleum

Cooling Central Air, Wall/Window Unit(s)

Heating Central, Electric

Exterior Dock, Private Yard

County Llano

MLS # 7583698

Garage 2 spaces

HOA & Community

HOA Fee $20 /Annually

HOA Includes Common Area Maintenance

Listing History

MLS# 7583698 123 days

Jul 28, 2012	Off Market
Mar 27, 2012	Listed		$167,000

Frequently Asked Questions About 503 Elm CIR, Buchanan Dam TX 78609

When was 503 Elm CIR, Buchanan Dam TX 78609 built?

503 Elm CIR, Buchanan Dam TX 78609 was built in 1980.

How much does 503 Elm CIR, Buchanan Dam TX 78609 cost?

503 Elm CIR, Buchanan Dam TX 78609 is currently off market.

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