116 Shady LN, Burnet TX 78611

Burnet, TX 78611 | Buena Vista

Ed's Opinion of Value

$157,596 Ed's Estimate: $719,860 $1,996,563
Lowest Comp Recommended List: $289,000 to $299,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $719,860. To generate strong buyer interest while maximizing value, I'd price this between $289,000 and $299,000. In the current BUENA VISTA market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. This home's smaller footprint (424 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. Buyers in BUENA VISTA have 4 comparable options right now, with asking prices between $275,000 and $1,399,000. The trend in BUENA VISTA shows prices have fallen 55.4% in the past 6 months. 207 N River Oaks DR, Burnet TX 78611 nearby adjusts to $157,596; with no pool. 7 comparable transactions in BUENA VISTA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
1 Baths 1 Full
1,464 Sq Ft
1.4 Acres
1970 Built

About This Property

***OWNER FINANCING AVAILABLE***Unique A-frame home with 3 bedrooms and 1 bath. Living room features a wall of windows with tongue and groove walls. Nice kitchen with stainless appliances and granite counters. All bedrooms are on the main level. A spiral staircase leads upstairs to a loft area. The property also includes a 675 SF, 1 bedroom, 1 bath guest house with an extended slab that would allow you to expand easily. Outdoor entertaining is a breeze with an in-ground pool and pavilion with outdoor kitchen. Sitting on 1.4 acres with lake views, this is the perfect lake house getaway! A great vacation house or STR by Inks lake. There is another great buildable area with an even better view if someone wanted to construct another home or casita on the property to make it 3 rental income properties.

Property Highlights

Pool In Ground

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Electric Dryer Hookup
  • Interior Steps
  • Primary Bedroom on Main
  • Washer Hookup

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 Ceiling Fan(s), Central Air, Electric
Heating Central, Electric
Exterior Exterior Steps, Outdoor Grill, Private Yard
County Burnet
MLS # 2776592

HOA & Community

HOA Fee $50 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 2776592 189 days (188 CDOM)
Jun 9, 2023 Off Market
Feb 8, 2023 Price Change $570,000
Oct 26, 2022 Listed $703,000

Frequently Asked Questions About 116 Shady LN, Burnet TX 78611

When was 116 Shady LN, Burnet TX 78611 built?

116 Shady LN, Burnet TX 78611 was built in 1970.

How much does 116 Shady LN, Burnet TX 78611 cost?

116 Shady LN, Burnet TX 78611 sold on June 9, 2023. Contact us for sale price details.

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