1020 River RD, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$132,417 Ed's Estimate: $814,460 $1,152,258

Lowest Comp Recommended List: $284,000 to $294,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $814,460. For a well positioned listing in LONGHORN VALLEY, I'd target the $284,000 to $294,000 range. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in LONGHORN VALLEY. The 895 sqft size difference versus comparable sales is reflected in the adjusted values. The 2009 construction puts this home 31 years newer than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in LONGHORN VALLEY, ranging from $289,000 to $289,000. Recent trends in 78611 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 378 Long Mountain DR, Burnet TX 78611, with an adjusted value of $1,019,644; a strong comparable. The 4 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

78611 Market Trends

$343,995 Median Sold Price ▼ 8.3% 6mo

$204/sqft Median $/SqFt ▼ 3.6% 6mo

100 days Avg Days on Market 5 days slower

154 homes Active Inventory 10.5 mo supply

94.9% Sale-to-List Ratio

88 Sales (6 months)

Recently Sold Comparables

$1,019,644 adjusted 378 Long Mountain DR, Burnet TX 78611 2bd / 2.0ba • 1,214 sqft • 3 mi Sold 8 months ago

$1,152,258 adjusted 1304 S Lakeside DR, Burnet TX 78611 4bd / 3.0ba • 1,644 sqft • 0.1 mi Sold 1 months ago

$132,417 adjusted 207 N River Oaks DR, Burnet TX 78611 3bd / 2.0ba • 1,485 sqft • 2.7 mi Sold 6 months ago

$873,300 adjusted 1117 Longhorn DR, Burnet TX 78611 6bd / 5.0ba • 3,909 sqft • 0.3 mi Sold 3 months ago

Currently on Market

$289,000 115 Mountain View DR, Burnet TX 78611 2bd / 2.0ba • 1,253 sqft • 2.6 mi 46 days on market

2 Beds

2 Baths 2 Full

1,168 Sq Ft

0.08 Acres

2009 Built

2 Garage

About This Property

Home is practically BRAND NEW! Built in '09, it is waterfont on beautiful Lake LBJ, nestled in a park-like setting, complete with new boat dock with lift, top deck and lake pump that waters both the front and back with it's own inground sprinkler system. ALL APPLIANCES CONVEY as does FURNITURE! And all items were purchased in '09 or later. This includes all electronics (YES, even the large flat screen TV's convey!). This is move-in-ready! Covered boat or vehicle parking plus garage. VIEW is AMAZING!FEMA - Unknown Sprinkler Sys:Yes

Property Highlights

Waterfront Lake LBJ · Lake Front

Features

Breakfast Bar
No Interior Steps
Pantry
Primary Bedroom on Main
Wired for Sound

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, Tile

Cooling Central Air

Heating Central, Heat Pump

Exterior Boat Lift, Boat Slip, Dock, Exterior Steps, Lake, Private Dock, Private Yard, RV Hookup

County Burnet

MLS # 8438287

Garage 2 spaces

Listing History

MLS# 8438287 111 days

Jul 18, 2012	Off Market
Jun 11, 2012	Pending
Apr 10, 2012	Price Change	$399,900
Feb 21, 2012	Listed	$395,000

Frequently Asked Questions About 1020 River RD, Burnet TX 78611

When was 1020 River RD, Burnet TX 78611 built?

1020 River RD, Burnet TX 78611 was built in 2009.

How much does 1020 River RD, Burnet TX 78611 cost?

1020 River RD, Burnet TX 78611 sold on July 18, 2012. Contact us for sale price details.

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