2312 FM 963 - 7.5 Acres, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$512,460 Ed's Estimate: $842,386 $1,431,373

Lowest Comp Recommended List: $747,000 to $1,023,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $842,386. I'd recommend coming to market at $747,000 to $1,023,000 to strike the right balance between value and market velocity. In the current 78611 market with 0 similar homes available, this price represents no active comparable homes on the market. This home's larger footprint (2,134 sqft vs the comp average) plays a role in how the market prices it. Built in 2005, this home is 7 years older than the average comp, which is reflected in the adjustments. The trend in 78611 shows prices have fallen 26.4% in the past 6 months. 198 Burnet Oaks, Burnet TX 78611 nearby adjusts to $1,431,373; with a smaller floor plan. Based on 7 relevant data points in 78611, 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

78611 Market Trends

$329,500 Median Sold Price ▼ 26.4% 6mo

$199/sqft Median $/SqFt ▼ 9.8% 6mo

100 days Avg Days on Market 8 days slower

156 homes Active Inventory 10.4 mo supply

94.0% Sale-to-List Ratio

90 Sales (6 months)

Recently Sold Comparables

$1,431,373 adjusted 198 Burnet Oaks, Burnet TX 78611 4bd / 5.0ba • 3,521 sqft • 2 mi Sold 2 months ago

$1,023,000 adjusted 108 Oak Bend, Burnet TX 78611 4bd / 3.0ba • 3,148 sqft • 3.6 mi Sold 5 months ago

$512,460 adjusted 1303 Adam Ave, Burnet TX 78611 3bd / 2.0ba • 1,903 sqft • 1.5 mi Sold 11 months ago

$657,400 adjusted 1838 County Road 100, Burnet TX 78611 3bd / 2.0ba • 2,006 sqft • 4.5 mi Sold 1 months ago

$747,040 adjusted 1221 County Road 250, Burnet TX 78611 3bd / 2.0ba • 2,216 sqft • 2.1 mi Sold 9 months ago

5 Beds

6 Baths 5 Full, 1 Half

4,418 Sq Ft

7.5 Acres

2005 Built

4 Garage

About This Property

Beautiful White 4,400+ sq ft Farmhouse with incredible Hill Country views, a pond, 7.5 acres, No City Taxes (additional acreage available). Located just outside of the Burnet City limits off FM 963. Homes has 4bd plus a dedicated study/office, theatre/media room, three car garage, and a separate detached workshop/garage that is also climate controlled and houses the well water storage/filtration systems! If you don't need the study/office, the lower level study could be a guest quarters/bedroom as it also has a full bath and shower! There is plenty of storage throughout the home, and each bedroom has its ensuite bath! With the property conveniently located just outside of town and off FM 963, it could be a tremendous residential/commercial property to live and run your business on this property! The property is fully fenced and ready for your animals! If additional acreage is desired, please inquire for details.

Features

Bookcases
Built-in Features
Central Vacuum
Chandelier
Granite Counters
Eat-in Kitchen
Entrance Foyer
In-Law Floorplan
Natural Woodwork
Storage
Walk-In Closet(s)

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, Wood

Cooling Central Air

Heating Central

Exterior Balcony, Private Yard

County Burnet

MLS # 7921171

Garage 4 spaces

Tax Information

Annual Taxes (MLS) $75 (2022)

Listing History

MLS# 7921171 14 days (12 CDOM)

Sep 30, 2022	Off Market
Sep 8, 2022	Listed		$949,000

Frequently Asked Questions About 2312 FM 963 - 7.5 Acres, Burnet TX 78611

When was 2312 FM 963 - 7.5 Acres, Burnet TX 78611 built?

2312 FM 963 - 7.5 Acres, Burnet TX 78611 was built in 2005.

How much does 2312 FM 963 - 7.5 Acres, Burnet TX 78611 cost?

2312 FM 963 - 7.5 Acres, Burnet TX 78611 sold on September 30, 2022. Contact us for sale price details.

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