2850 Fm 690, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$363,024 Ed's Estimate: $635,557 $1,795,000

Lowest Comp Recommended List: $434,000 to $444,000 Highest Comp

Based on 7 closed sales in 78611, the data points to a value around $635,557 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $434,000 to $444,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in 78611's current inventory. The smaller floor plan (227 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2015 (8 years newer than comps) is factored into the value estimate. With 4 similar homes currently listed in 78611 (a buyer's market), competition is a factor to consider. Market data shows 78611 prices fallen 27.4% over the last half year. The closest comparable sale, 113 County Road 139C, Burnet TX 78611 at an adjusted $363,024, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

78611 Market Trends

$325,000 Median Sold Price ▼ 27.4% 6mo

$198/sqft Median $/SqFt ▼ 10.6% 6mo

93 days Avg Days on Market 5 days faster

159 homes Active Inventory 11.2 mo supply

94.1% Sale-to-List Ratio

85 Sales (6 months)

Recently Sold Comparables

$363,024 adjusted 113 County Road 139C, Burnet TX 78611 3bd / 2.0ba • 1,761 sqft • 2 mi Sold 8 days ago

$914,766 adjusted 4571 Sunset Cliff RD, Burnet TX 78611 3bd / 2.0ba • 1,274 sqft • 4.2 mi Sold 6 months ago

$483,289 adjusted 283 Calle Cortez DR, Buchanan Dam TX 78609 3bd / 2.0ba • 1,883 sqft • 1.9 mi Sold 3 months ago

$387,507 adjusted 1503 Roselea DR, Buchanan Dam TX 78609 3bd / 4.0ba • 1,550 sqft • 3.6 mi Sold 2 months ago

$571,679 adjusted 100 Pebble WAY, Buchanan Dam TX 78609 3bd / 2.0ba • 1,449 sqft • 3 mi Sold 6 months ago

Currently on Market

$799,999 114 Agarita DR, Burnet TX 78611 3bd / 2.0ba • 1,340 sqft • 0.3 mi 5 days on market

$1,795,000 125 W Granite Oaks DR, Burnet TX 78611 2bd / 3.0ba • 1,480 sqft • 1.1 mi 1 days on market

$450,000 10431 29 Highway, Burnet TX 78611 3bd / 4.0ba • 1,646 sqft • 1.8 mi 1 days on market

3 Beds

2 Baths 2 Full

1,512 Sq Ft

0.7908 Acres

2015 Built

2 Garage

About This Property

This beautiful property is located right next to the Cassie Subdivision but not inside of it. It sits on just under an acre and offers 1512 sq ft of living space with 3 bedrooms, 2 baths, and a 2-car garage, all for $350K. The property is fully fenced with a gate and includes two electrical hook-ups for RVs with a septic holding tank. Enjoy the gorgeous lake views and benefit from the no restrictions policy. Inside, you'll find granite countertops, bathrooms with tile surrounds in the showers, and stained concrete floors. The large backyard space with mature trees offers lots of potential for entertaining. This home has excellent VRBO rental income potential and comes with a washer, dryer, and fridge. Whether you're looking for a fantastic investment opportunity or a perfect getaway home, this property has it all.

Features

Built-in Features
Ceiling Fan(s)
Granite Counters
Laminate Counters
Electric Dryer Hookup
Eat-in Kitchen
High Speed Internet
Kitchen Island
No Interior Steps
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Storage
Walk-In Closet(s)

Location

Map loading...

Schools

School District Burnet ISD

Elementary Burnet

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Concrete

Cooling Ceiling Fan(s), Central Air

Heating Central, Fireplace(s)

Exterior Gutters Partial, Lighting, Private Yard, RV Hookup, Satellite Dish Owned

County Burnet

MLS # 1979124

Parking

Garage 2 spaces

Listing History

MLS# 1979124 3 days (2 CDOM)

Aug 19, 2024	Off Market
Jul 11, 2024	Listed		$350,000

Frequently Asked Questions About 2850 Fm 690, Burnet TX 78611

When was 2850 Fm 690, Burnet TX 78611 built?

2850 Fm 690, Burnet TX 78611 was built in 2015.

How much does 2850 Fm 690, Burnet TX 78611 cost?

2850 Fm 690, Burnet TX 78611 sold on August 19, 2024. Contact us for sale price details.

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