408 E Graves ST, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$159,900 Ed's Estimate: $269,602 $317,461

Lowest Comp Recommended List: $139,000 to $149,000 Highest Comp

7 recent sales within a mile of this address suggest a current value of $269,602. My recommended list price range for this property would be $139,000 to $149,000. Against 4 similar active listings in 78611, this price point lands at the most expensive of 4 comparable homes on the market. This home's smaller footprint (124 sqft vs the comp average) plays a role in how the market prices it. Built in 2011, this home is 38 years newer than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in 78611, listed between $130,000 and $269,000. In 78611, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 209 E Kerr ST, Burnet TX 78611, adjusting to $317,461; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78611 Market Trends

$341,495 Median Sold Price ▼ 1.2% 6mo

$205/sqft Median $/SqFt ▼ 1.7% 6mo

103 days Avg Days on Market unchanged

172 homes Active Inventory 9.6 mo supply

95.9% Sale-to-List Ratio

108 Sales (6 months)

Recently Sold Comparables

$317,461 adjusted 209 E Kerr ST, Burnet TX 78611 3bd / 3.0ba • 1,140 sqft • 0.5 mi Sold 8 months ago

$297,218 adjusted 801 E Johnson ST, Burnet TX 78611 3bd / 2.0ba • 1,253 sqft • 0.6 mi Sold 4 months ago

$187,474 adjusted 709 N Rhomberg ST, Burnet TX 78611 3bd / 1.0ba • 900 sqft • 0.3 mi Sold 10 months ago

$266,269 adjusted 304 E Live Oak ST, Burnet TX 78611 2bd / 1.0ba • 1,228 sqft • 1 mi Sold 8 months ago

$224,180 adjusted 507 S Boundary ST, Burnet TX 78611 2bd / 2.0ba • 975 sqft • 1 mi Sold 7 months ago

Currently on Market

$240,000 304 Mildred ST, Burnet TX 78611 3bd / 1.0ba • 1,053 sqft • 0.6 mi 9 days on market

$269,000 602 S Pierce ST, Burnet TX 78611 3bd / 2.0ba • 1,120 sqft • 1.1 mi 266 days on market

$159,900 305 Highland DR, Burnet TX 78611 3bd / 1.0ba • 1,014 sqft • 0.5 mi 247 days on market

3 Beds

1 Baths 1 Full

1,103 Sq Ft

0.541 Acres

2011 Built

About This Property

Adorable and quaint 3 bedroom, 1 bath home in the heart of Burnet. This home sits in walking distance to RJ Richey, Shady Grove Elementary, Burnet Middle School and Burnet High School. Remodeled in 2011 to include; new roof, gorgeous wood plank and cedar beam vaulted ceilings with recessed lighting and tinted windows to reduce 40% of heat from the sun, gorgeous granite counter tops, updated bathroom, 2 attics, 1 that could easily be turned into another room/studio. The home has original hardwood floors throughout. This unique remodel sits on a large half acre lot with 2 storage buildings. The fenced in yard with rock patio and gorgeous fireplace brings this home a cozy feel. There is a precious office building near the patio that could also be used for storage and is equipped with electricity and RV hookups behind. The possibilities for this huge lot and adorable home are endless.

Features

Bar
Ceiling Fan(s)
Beamed Ceilings
Cathedral Ceiling(s)
Granite Counters
Open Floorplan
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 Wood

Cooling Central Air

Heating Central

Exterior Kennel, Private Yard, RV Hookup

County Burnet

MLS # 6018359

Listing History

MLS# 6018359 29 days (30 CDOM)

Nov 23, 2021	Off Market
Nov 11, 2021	Price Change	$235,000
Oct 12, 2021	Listed	$269,000

Frequently Asked Questions About 408 E Graves ST, Burnet TX 78611

When was 408 E Graves ST, Burnet TX 78611 built?

408 E Graves ST, Burnet TX 78611 was built in 2011.

How much does 408 E Graves ST, Burnet TX 78611 cost?

408 E Graves ST, Burnet TX 78611 sold on November 23, 2021. Contact us for sale price details.

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$245,000 6212 Fm 690, Burnet TX 78611 2 bd | 1 ba

$250,000 401 County Road 138, Burnet TX 78611 2 bd | 1 ba

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Oct 28, 2015	Off Market
Aug 28, 2015	Listed		$127,000