300 N River Oaks DR, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$132,878 Ed's Estimate: $465,344 $1,500,000

Lowest Comp Recommended List: $451,000 to $479,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $465,344. To generate strong buyer interest while maximizing value, I'd price this between $451,000 and $479,000. In the current RIVER OAKS market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 289 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.58 acres, the lot is smaller than the 0.64 acre comp average, which factors into pricing. With 1 similar homes currently listed in RIVER OAKS (a balanced market), competition is a factor to consider. The trend in RIVER OAKS shows prices have fallen 9.8% in the past 6 months. 378 Long Mountain DR, Burnet TX 78611 nearby adjusts to $1,049,736; a strong comparable. The 4 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

RIVER OAKS Market Trends

$558,500 Median Sold Price ▼ 9.8% 6mo

$295/sqft Median $/SqFt ▼ 34.6% 6mo

153 days Avg Days on Market 148 days slower

2 homes Active Inventory 2 mo supply

90.6% Sale-to-List Ratio

6 Sales (6 months)

Recently Sold Comparables

$1,049,736 adjusted 378 Long Mountain DR, Burnet TX 78611 2bd / 2.0ba • 1,214 sqft • 0.5 mi Sold 7 months ago

$132,878 adjusted 207 N River Oaks DR, Burnet TX 78611 3bd / 2.0ba • 1,485 sqft • 0.1 mi Sold 5 months ago

$151,807 adjusted 1542 Roselea DR, Buchanan Dam TX 78609 3bd / 2.0ba • 1,608 sqft • 4.6 mi Sold 10 months ago

$351,684 adjusted 103 County Road 139B, Burnet TX 78611 3bd / 2.0ba • 1,782 sqft • 2.6 mi Sold 7 months ago

Currently on Market

$1,500,000 18617 E State Highway 29, Buchanan Dam TX 78609 1bd / 1.0ba • 1,310 sqft • 2.2 mi 2 days on market

4 Beds

2 Baths 2 Full

1,233 Sq Ft

0.576 Acres

1984 Built

About This Property

Location Location Location! Perissos Vineyard and Winery at the entrance of the neighborhood. 3/2 on a double lot located in River Oaks subdivision on the Colorado arm of Lake LBJ. Converted garage into a fourth bedroom, and added sunroom for additional square footage. Neighborhood has 2 private waterfront parks. Enjoy lake living without paying waterfront taxes on this great property right down the street from Heart of Texas Resort (private). Located between Inks Lake and Longhorn Caverns, both only minutes away. Hidden Falls Adventure park only 20 minutes away.

Features

Ceiling Fan(s)
Corain Counters
Eat-in Kitchen
High Speed Internet
Pantry
Primary Bedroom on Main
Soaking Tub
Storage
Washer Hookup

Location

Map loading...

Schools

School District Burnet ISD

Elementary Shady Grove

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Tile

Cooling Ceiling Fan(s), Central Air

Heating Central

Exterior Private Entrance, Private Yard

County Burnet

MLS # 2955286

Listing History

MLS# 2955286 52 days (53 CDOM)

Jul 22, 2021	Off Market
Mar 28, 2021	Listed		$250,000

Frequently Asked Questions About 300 N River Oaks DR, Burnet TX 78611

When was 300 N River Oaks DR, Burnet TX 78611 built?

300 N River Oaks DR, Burnet TX 78611 was built in 1984.

How much does 300 N River Oaks DR, Burnet TX 78611 cost?

300 N River Oaks DR, Burnet TX 78611 sold on July 22, 2021. Contact us for sale price details.

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$239,000 901 N Hill ST, Burnet TX 78611 3 bd | 2 ba

$250,000 1418 Kingshill DR, Granite Shoals TX 78654 3 bd | 2 ba

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