2254 E State Highway 29 Highway, Burnet TX 78611

Burnet, TX 78611 | n/a

Off Market

Exterior view of 2254 E State Highway 29 Highway, Burnet TX 78611

Additional photos available to registered users

Ed's Opinion of Value

$307,380 Ed's Estimate: $315,049 $355,340

Lowest Comp Recommended List: $309,000 to $321,000 Highest Comp

Listing History

$810,000 List Price

$294,426 Comp Value

1 Price Reductions

This property was listed at $810,000 and expired after 177 days on market. The price was reduced from $882,000 to $810,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in 78611 points to a value of approximately $315,049. To sell within a reasonable timeframe at fair market value, the $309,000 to $321,000 range is where I'd position this. With 0 comparable homes on the market in 78611, this price positions the property as no active comparable homes on the market. At 1,976 sqft larger than the typical comp, the size difference factors into the valuation. The 1960 construction puts this home 48 years older than the comp average, a factor in the pricing. 7 comparable transactions in 78611 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

78611 Market Trends

$329,000 Median Sold Price ▼ 26.9% 6mo

$199/sqft Median $/SqFt ▼ 10% 6mo

99 days Avg Days on Market 7 days slower

156 homes Active Inventory 10.1 mo supply

94.0% Sale-to-List Ratio

93 Sales (6 months)

Recently Sold Comparables

$323,763 adjusted 305 Creekfall RD, Burnet TX 78611 3bd / 2.0ba • 1,508 sqft • 0.8 mi Sold 1 months ago

$349,745 adjusted 235 Water Well RD, Burnet TX 78611 4bd / 2.0ba • 1,783 sqft • 0.9 mi Sold 28 days ago

$307,380 adjusted 234 Water Well RD, Burnet TX 78611 3bd / 2.0ba • 1,370 sqft • 0.9 mi Sold 13 days ago

$355,340 adjusted 817 Coke RD, Burnet TX 78611 3bd / 2.0ba • 1,493 sqft • 1 mi Sold 3 months ago

$336,948 adjusted 224 Creekfall RD, Burnet TX 78611 4bd / 2.0ba • 1,783 sqft • 0.7 mi Sold 5 months ago

1 Beds

2 Baths 1 Full, 1 Half

3,323 Sq Ft

18.7 Acres

1960 Built

2 Garage

About This Property

UNRESTRICTED, with highway frontage, just minutes from Burnet, TX. Less than 1hr from North Austin, 20min to Buchanan Lake and several Hill Country Wineries. This 18+ acre property contains mature Oak trees, gravel road to residence, utilities, well and septic with propane available. 1 Fig, 3 Pear and Oak trees surround residence. House and workshop are sold as-is. Land may also be zoned commercial but currently zoned residential with songbird ag exemption. All showings must be accompanied by listing agent.

Features

Pantry
Storage

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 Linoleum

Cooling None

Heating None

Exterior Balcony

County Burnet

MLS # 7158438

Garage 2 spaces

Listing History

MLS# 7158438 177 days

Nov 30, 2022	Off Market
Sep 8, 2022	Price Change	$810,000
Jun 6, 2022	Listed	$985,000

Frequently Asked Questions About 2254 E State Highway 29 Highway, Burnet TX 78611

When was 2254 E State Highway 29 Highway, Burnet TX 78611 built?

2254 E State Highway 29 Highway, Burnet TX 78611 was built in 1960.

How much does 2254 E State Highway 29 Highway, Burnet TX 78611 cost?

2254 E State Highway 29 Highway, Burnet TX 78611 is currently off market.

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