407 Driftwood DR, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$81,620 Ed's Estimate: $206,445 $429,538

Lowest Comp Recommended List: $279,000 to $305,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $206,445. For a well positioned listing in GRANDVIEW BEACH, I'd target the $279,000 to $305,000 range. In the current GRANDVIEW BEACH market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 600 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.39 acres, the lot is smaller than the 0.47 acre comp average, which factors into pricing. The 5 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

$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

$81,620 adjusted 100 County Road 138, Burnet TX 78611 1bd / 1.0ba • 720 sqft • 1.7 mi Sold 5 months ago

$158,607 adjusted 309 S Oak LN, Burnet TX 78611 2bd / 1.0ba • 718 sqft • 3.8 mi Sold 1 months ago

$305,250 adjusted 212 Baker LN, Burnet TX 78611 2bd / 1.0ba • 840 sqft • 3 mi Sold 1 months ago

$429,538 adjusted 119 Lasso LOOP, Burnet TX 78611 3bd / 2.0ba • 1,842 sqft • 4.5 mi Sold 5 days ago

$273,787 adjusted 811 County Road 130, Burnet TX 78611 3bd / 2.0ba • 2,082 sqft • 3.5 mi Sold 2 months ago

Currently on Market

$290,000 13006 Ranch Road 2341, Burnet TX 78611 2bd / 2.0ba • 633 sqft • 0.2 mi 116 days on market

1 Beds

1 Baths 1 Full

640 Sq Ft

0.39 Acres

1975 Built

About This Property

Family Retreat!! Small 1-1 cabin on over 1/3 ac. Room for RVs, tents, beach volleyball. Beautiful shaded yard and large covered porch look out on Lake Buchanan. Cabin is open floor plan w/bed&bath separate rooms. 160' of Waterfront. Private boat ramp for use when water is up. Great beach when water is down. Private, comfortable get-a-way for the weekender or those ready to head to the lake fulltime.FEMA - Unknown Restrictions: Yes

Property Highlights

Waterfront Lake Front

Features

Primary Bedroom on Main

Location

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Schools

School District Burnet ISD

Elementary Shady Grove

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Laminate

Cooling Wall/Window Unit(s)

Heating Wall Furnace

Exterior Boat Ramp, Dock, Exterior Steps, Private Dock, RV Hookup

County Burnet

MLS # 5090904

HOA & Community

HOA Fee $25 /Annually

HOA Includes Common Area Maintenance

Listing History

MLS# 5090904 138 days

Oct 31, 2011	Off Market
Jun 15, 2011	Listed		$295,000

Frequently Asked Questions About 407 Driftwood DR, Burnet TX 78611

When was 407 Driftwood DR, Burnet TX 78611 built?

407 Driftwood DR, Burnet TX 78611 was built in 1975.

How much does 407 Driftwood DR, Burnet TX 78611 cost?

407 Driftwood DR, Burnet TX 78611 is currently off market.

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