129 Ponderosa Point DR, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$226,666 Ed's Estimate: $560,276 $1,120,610

Lowest Comp Recommended List: $401,000 to $411,000 Highest Comp

My analysis of 7 comparable properties puts this home's estimated value at $560,276. Based on how the local market is moving, a list price between $401,000 and $411,000 would position this home well. Relative to what's currently available in 78611, this home would be the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (467 sqft vs the comp average) plays a role in how the market prices it. At 14 years newer than typical comps, the 1997 build date influences the valuation. With 7 comparable sales in 78611, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78611 Market Trends

$347,495 Median Sold Price ▲ 1.8% 6mo

$206/sqft Median $/SqFt ▲ 0.2% 6mo

102 days Avg Days on Market 1 days slower

179 homes Active Inventory 9.4 mo supply

96.0% Sale-to-List Ratio

114 Sales (6 months)

Recently Sold Comparables

$444,530 adjusted 811 County Road 130, Burnet TX 78611 3bd / 2.0ba • 2,082 sqft • 1 mi Sold 5 months ago

$665,608 adjusted 119 Lasso LOOP, Burnet TX 78611 3bd / 2.0ba • 1,842 sqft • 4.8 mi Sold 3 months ago

$1,120,610 adjusted 518 Morgan Creek DR, Burnet TX 78611 4bd / 4.0ba • 2,711 sqft • 0.5 mi Sold 6 months ago

$292,615 adjusted 1012 Hill ST, Burnet TX 78611 3bd / 1.0ba • 1,780 sqft • 0.8 mi Sold 2 months ago

$226,666 adjusted 615 Sage ST, Burnet TX 78611 2bd / 2.0ba • 600 sqft • 1 mi Sold 21 days ago

Currently on Market

$834,000 129 Ponderosa Point DR, Burnet TX 78611 3bd / 3.0ba • 2,008 sqft • 0 mi 1 days on market

$925,000 2512 Sunset Cliff RD, Burnet TX 78611 3bd / 4.0ba • 2,243 sqft • 1.2 mi 102 days on market

$359,500 110 Lakewood DR, Burnet TX 78611 5bd / 2.0ba • 1,752 sqft • 2.9 mi 175 days on market

3 Beds

3 Baths 3 Full

2,008 Sq Ft

1.242 Acres

1997 Built

2 Garage

About This Property

Lovely lake front home on Buchanan East with a beautiful view of Morgan Creek. This gated property has a beautiful 3/2 home, 2 metal garage/shops, a storage building, a guest house & a covered boat dock. The large backyard offers great outdoor living with a patio overlooking the water, a fire pit area, and an awesome deck on the back of the house. Come see this hill country retreat.FEMA - Unknown Guest Accommodations: Yes

Features

Breakfast Bar
Primary Bedroom on Main
Walk-In Closet(s)

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, Laminate, Tile

Cooling Central Air

Heating Central

Exterior Exterior Steps, Private Dock

County Burnet

MLS # 8477009

Garage 2 spaces

Listing History

MLS# 8477009 398 days

Sep 18, 2019	Off Market
Aug 16, 2018	Listed		$650,000

Frequently Asked Questions About 129 Ponderosa Point DR, Burnet TX 78611

When was 129 Ponderosa Point DR, Burnet TX 78611 built?

129 Ponderosa Point DR, Burnet TX 78611 was built in 1997.

How much does 129 Ponderosa Point DR, Burnet TX 78611 cost?

129 Ponderosa Point DR, Burnet TX 78611 is currently off market.

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Jul 29, 2016	Off Market
Apr 9, 2016	Listed		$350,000