1601 CR 118B, Burnet TX 78611

Burnet, TX 78611 | Sherwood Shores Iii

Ed's Opinion of Value

$987,602 Ed's Estimate: $1,439,681 $2,325,869
Lowest Comp Recommended List: $1,411,000 to $1,468,000 Highest Comp

Listing History

$2,095,000 List Price
$1,412,376 Comp Value
1 Price Reductions

This property was listed at $2,095,000 and withdrawn after 233 days on market. The price was reduced from $2,200,000 to $2,095,000. This listing activity factors into the valuation.

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,439,681. I'd recommend coming to market at $1,411,000 to $1,468,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in SHERWOOD SHORES III. The pool is a standout feature, with 3 of 7 comparable homes not offering one. Built in 2015, this home is 15 years newer than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in SHERWOOD SHORES III, 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
4 Beds
4 Baths 3 Full, 1 Half
2,800 Sq Ft
0.34 Acres
2015 Built
2 Garage

About This Property

Custom home on the preferred upper Colorado arm of Lake LBJ. Enjoy the beauty the lake has to offer with the large picture windows on both levels. Have fun in the water or by the heated pool. Hang outside on the patio or by the lake under the lakeside pavilion and fire pit. The sunsets are unforgettable! This is an amazing 4 bedroom/3.5 bath home with additional sleeping for 4 in the built-in bunk beds. The open concept floor plan assures a great view of the lake from inside of the house. You can fish from the dock, jet ski, go boating and much more! The home includes 2 living area, heated and cooled garage, outside patio, lakeside pavilion and grill. The lot across the street provides additional parking. Fantastic rental history!

Property Highlights

Pool Heated, In Ground

Features

  • Breakfast Bar
  • Beamed Ceilings
  • High Ceilings
  • Granite Counters
  • Crown Molding
  • Double Vanity
  • Interior Steps
  • Multiple Living Areas
  • Pantry
  • Recessed Lighting
  • Walk-In Closet(s)
  • Wired for Sound

Location

Schools

School District Burnet ISD
Elementary RJ Richey
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Boat Lift, Boat Slip, Boat Dock - Shared, Exterior Steps, Gutters Full, Boat Dock - Private
County Burnet
MLS # 1277190
Garage 2 spaces

Listing History

MLS# 1277190 233 days
Jan 19, 2023 Off Market
Sep 21, 2022 Price Change $2,095,000
May 31, 2022 Listed $2,395,000

Frequently Asked Questions About 1601 CR 118B, Burnet TX 78611

When was 1601 CR 118B, Burnet TX 78611 built?

1601 CR 118B, Burnet TX 78611 was built in 2015.

How much does 1601 CR 118B, Burnet TX 78611 cost?

1601 CR 118B, Burnet TX 78611 is currently off market.

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