501 Lakewood DR, Burnet TX 78611

Burnet, TX 78611 | South Silver Creek

Ed's Opinion of Value

$271,200 Ed's Estimate: $385,202 $627,515
Lowest Comp Recommended List: $377,000 to $393,000 Highest Comp

Listing History

$299,000 List Price
$388,794 Comp Value
1 Price Reductions

This property was listed at $299,000 and expired after 90 days on market. The price was reduced from $308,900 to $299,000. This listing activity factors into the valuation.

Taking into account 7 nearby comparable sales, this property's estimated value comes to $385,202. If we were to list this property today, I'd recommend a list price in the $377,000 to $393,000 range. This home's position in the current SOUTH SILVER CREEK market: no active comparable homes on the market among comparable properties. At 148 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1970 (13 years older than comps) is factored into the value estimate. 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
2 Beds
2 Baths
1,366 Sq Ft
0.17 Acres
1970 Built

About This Property

Build your dream home on this waterfront lot with gentle slope to shoreline deep water fishing. Watch the beautiful sunsets from your home patio or boat. Make dinner with the catch of the day on this great fishing lake. There can be so many memories made whether this is a vacation home or full time residence. 800 sq ft minimum build site. Lot has RV/Boat covered storage on concrete pad. Old shed is in the process of being removed.Restrictions: Yes

Location

Schools

School District BurnetCONSISD
Elementary RJ Richey
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Residential
Heating None
Exterior Lake
County Burnet
MLS # 3014641

HOA & Community

HOA Fee $15 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 3014641 90 days
Nov 28, 2018 Off Market
Aug 31, 2018 Listed $308,900

Frequently Asked Questions About 501 Lakewood DR, Burnet TX 78611

When was 501 Lakewood DR, Burnet TX 78611 built?

501 Lakewood DR, Burnet TX 78611 was built in 1970.

How much does 501 Lakewood DR, Burnet TX 78611 cost?

501 Lakewood DR, Burnet TX 78611 is currently off market.

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