9975 Ranch Road 1431, Buchanan Dam TX 78609

Buchanan Dam, TX 78609

Ed's Opinion of Value

$159,480 Ed's Estimate: $400,204 $1,089,215
Lowest Comp Recommended List: $224,000 to $234,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $400,204. I'd recommend coming to market at $224,000 to $234,000 to strike the right balance between value and market velocity. In the current 78609 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's smaller footprint (389 sqft vs the comp average) plays a role in how the market prices it. Built in 1975, this home is 11 years older than the average comp, which is reflected in the adjustments. There are currently 2 similar homes on the market in 78609, ranging from $239,000 to $269,900. The trend in 78609 shows prices have risen 51.5% in the past 6 months. 184 S Summit TRL, Buchanan Dam TX 78609 nearby adjusts to $319,520; a strong comparable. Based on 7 relevant data points in 78609, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
2 Beds
2 Baths 2 Full
1,064 Sq Ft
3 Acres
1975 Built

About This Property

Beautiful 3 Acre track has supported 3 homes in the past with 3 septic tanks, 3 electric hook-ups, and 3 water hook-ups. Amazing Shade Trees. Lucrative location; just 3 miles North of Intersection Hwy 29/ RR 1431. Next door to Storage Units - Many Possibilities!FEMA - Unknown Restrictions: Yes

Features

  • Primary Bedroom on Main
  • See Remarks

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Laminate
Cooling Other
Heating See Remarks
Exterior None
County Llano
MLS # 6846984

Listing History

MLS# 6846984 116 days
Jun 19, 2015 Off Market
Jun 5, 2015 Pending
Feb 9, 2015 Listed $72,000

Frequently Asked Questions About 9975 Ranch Road 1431, Buchanan Dam TX 78609

When was 9975 Ranch Road 1431, Buchanan Dam TX 78609 built?

9975 Ranch Road 1431, Buchanan Dam TX 78609 was built in 1975.

How much does 9975 Ranch Road 1431, Buchanan Dam TX 78609 cost?

9975 Ranch Road 1431, Buchanan Dam TX 78609 sold on June 19, 2015. Contact us for sale price details.

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