1401 Waterway, Burnet TX 78611

Off Market

Additional photos available to registered users

Ed's Opinion of Value

$137,371 Ed's Estimate: $275,704 $552,155

Lowest Comp Recommended List: $267,000 to $284,000 Highest Comp

The comparable sales data (7 recent transactions in SWISS) supports an estimated value of $275,704. The data suggests a list price between $267,000 and $284,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in SWISS, this home would be below the only comparable home currently on the market. Being 679 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1985 (11 years newer than comps) is factored into the value estimate. Current inventory shows 1 comparable homes in SWISS; a buyer's market based on recent absorption. Prices in 78611 have fallen 26.5% over the last 6 months. A similar home at 1411 Water Way LN, Burnet TX 78611 carries an adjusted comparable value of $552,155, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in SWISS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78611 Market Trends

$329,000 Median Sold Price ▼ 26.5% 6mo

$199/sqft Median $/SqFt ▼ 9.8% 6mo

101 days Avg Days on Market 9 days slower

156 homes Active Inventory 10.5 mo supply

94.0% Sale-to-List Ratio

89 Sales (6 months)

Recently Sold Comparables

$552,155 adjusted 1411 Water Way LN, Burnet TX 78611 3bd / 1.0ba • 1,800 sqft • 0.1 mi Sold 8 months ago

$223,875 adjusted 409 Bizzy LN, Burnet TX 78611 2bd / 1.0ba • 941 sqft • 1.4 mi Sold 11 months ago

$137,371 adjusted 819 Lakeshore LOOP, Tow TX 78672 2bd / 1.0ba • 1,335 sqft • 0.9 mi Sold 4 months ago

$193,383 adjusted 200 Lakeshore LOOP, Tow TX 78672 2bd / 2.0ba • 1,488 sqft • 0.7 mi Sold 7 months ago

$444,030 adjusted 1710 County Road 128, Burnet TX 78611 3bd / 2.0ba • 1,776 sqft • 0.9 mi Sold 10 months ago

Currently on Market

$290,000 13006 Ranch Road 2341, Burnet TX 78611 2bd / 2.0ba • 633 sqft • 1.9 mi 116 days on market

1 Beds

1 Baths 1 Full

720 Sq Ft

0.203 Acres

1985 Built

About This Property

Want some great views and peace and quiet? This is it. The 1/1 cabin is 400 sf per the tax rolls, but think it's 720 sf because the original deck was enclosed about 320 sf and another deck added. It all sits on 1.1+/- acres with approximately 263' WF. Separate two-story storage building. Waterfront down steps to the right. Nice concrete retaining wall with steps into the water. Water source is from rain collection with a total of 7600 gal storage. Kitchen cabinets, microwave, kitchen and wood burning stoves, and flooring are less than three years old. The exterior was painted and deck completed about three years ago. Most furnishings to convey, including two kayaks.

Features

Breakfast Bar
Ceiling Fan(s)
French Doors
Interior Steps
Storage

Location

Map loading...

Schools

School District Burnet ISD

Elementary Burnet

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Carpet, Laminate, Tile

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Heating Wood Stove

Exterior None

County Burnet

MLS # 4165035

HOA & Community

HOA Fee $400 /Annually

HOA Includes See Remarks

Listing History

MLS# 4165035 34 days

Feb 3, 2021	Off Market
Dec 7, 2020	Price Change	$549,900
Nov 6, 2020	Listed	$599,900

Frequently Asked Questions About 1401 Waterway, Burnet TX 78611

When was 1401 Waterway, Burnet TX 78611 built?

1401 Waterway, Burnet TX 78611 was built in 1985.

How much does 1401 Waterway, Burnet TX 78611 cost?

1401 Waterway, Burnet TX 78611 sold on February 3, 2021. Contact us for sale price details.

Similar Properties

$499,999 145 Oak Point DR, Tow TX 78672 2 bd | 2 ba

$590,000 336 Carlson CIR, Buchanan Dam TX 78609 2 bd | 2 ba

$399,990 215 Coyote LN, Burnet TX 78611 2 bd | 1 ba

$409,950 300 County Road 145, Burnet TX 78611 2 bd | 1 ba

Browse More Properties

1-Bedroom Homes in Burnet Homes $500K-$750K in Burnet All Homes for Sale in Burnet Homes in 78611 Homes in Burnet County Homes in Burnet ISD All 1-Bedroom Homes Homes for Rent Land for Sale

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

Your Name *

Email Address *

Phone Number *

Message *

Are you currently working with an agent? *

I'd like to schedule a tour

I am pre-qualified for financing

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.