202 Echo LN, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$380,940 Ed's Estimate: $661,345 $893,128

Lowest Comp Recommended List: $642,000 to $681,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $661,345. To generate strong buyer interest while maximizing value, I'd price this between $642,000 and $681,000. In the current COUNCIL CREEK SOUTH market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 195 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1981 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 1 similar homes currently listed in COUNCIL CREEK SOUTH (a buyer's market), competition is a factor to consider. The trend in 78611 shows prices have fallen 27.8% in the past 6 months. 810 Morgan Creek DR, Burnet TX 78611 nearby adjusts to $893,128; with a larger floor plan. The 3 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

$325,000 Median Sold Price ▼ 27.8% 6mo

$198/sqft Median $/SqFt ▼ 10.6% 6mo

96 days Avg Days on Market 2 days faster

155 homes Active Inventory 10.8 mo supply

94.1% Sale-to-List Ratio

86 Sales (6 months)

Recently Sold Comparables

$893,128 adjusted 810 Morgan Creek DR, Burnet TX 78611 3bd / 3.0ba • 2,212 sqft • 0.7 mi Sold 9 months ago

$595,050 adjusted 1854 County Road 140 DR, Burnet TX 78611 2bd / 2.0ba • 1,386 sqft • 1.1 mi Sold 2 months ago

$380,940 adjusted 1213 County Road 130, Burnet TX 78611 2bd / 2.0ba • 1,408 sqft • 0.4 mi Sold 26 days ago

Currently on Market

$825,000 108 Kings PLZ, Burnet TX 78611 2bd / 3.0ba • 1,726 sqft • 0.2 mi 138 days on market

3 Beds

2 Baths 2 Full

1,864 Sq Ft

0.643 Acres

1981 Built

2 Garage

About This Property

LAKE VIEW and LAKE ACCESS! SUBMIT OFFERS! Great Location, Lake and Hill Country View and Lake Access.
Nestled in the serene community by Lake Buchanan (managed by LCRA), the property has a nice deck where you can enjoy either your sunrise and morning coffee or have a relaxing afternoon and lakeview dinner. It has a fireplace and space you can enjoy inside by the living room. A separate garage with a potential workshop room. A nice place to enjoy the Texas hill country living. Dishwasher and window accessories on the main floor are included. Boat and other appliances are not included on the sale. The separate lake access lot, which is included with the sale, is located by Sunset Cliff Rd.

Features

2 Primary Baths
Primary Bedroom on Main
See Remarks

Location

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Schools

School District Burnet ISD

Elementary Burnet

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Carpet

Cooling Central Air

Heating Central

Exterior See Remarks

County Burnet

MLS # 1091867

Parking

Garage 2 spaces

HOA & Community

HOA Fee $150 /Annually

HOA Includes Common Area Maintenance

Listing History

MLS# 1091867 61 days (60 CDOM)

Nov 7, 2022	Off Market
Jul 14, 2022	Listed		$405,000

Frequently Asked Questions About 202 Echo LN, Burnet TX 78611

When was 202 Echo LN, Burnet TX 78611 built?

202 Echo LN, Burnet TX 78611 was built in 1981.

How much does 202 Echo LN, Burnet TX 78611 cost?

202 Echo LN, Burnet TX 78611 sold on November 7, 2022. Contact us for sale price details.

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