503 Southland DR, Burnet TX 78611

Burnet, TX 78611 | John Hamilton Surv #1 A-405

Off Market

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Ed's Opinion of Value

$293,000 Ed's Estimate: $379,745 $550,000

Lowest Comp Recommended List: $300,000 to $310,000 Highest Comp

After reviewing 7 recent transactions in 78611, I estimate this property's value at $379,745. A competitive list price for this home right now would fall in the $300,000 to $310,000 range. This would position the home competitively among 7 active listings in 78611. At 22 years older than typical comps, the 1985 build date influences the valuation. The larger lot (0.66 acres versus the area average of 0.27) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78611, listed between $293,000 and $550,000. Prices in 78611 have fallen 26.1% over the last 6 months. A similar home at 301 Gristmill RD, Burnet TX 78611 carries an adjusted comparable value of $314,719, providing a strong data point. With 7 comparable sales in 78611, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78611 Market Trends

$329,000 Median Sold Price ▼ 26.1% 6mo

$200/sqft Median $/SqFt ▼ 9.1% 6mo

98 days Avg Days on Market 7 days slower

162 homes Active Inventory 10.5 mo supply

94.2% Sale-to-List Ratio

93 Sales (6 months)

Recently Sold Comparables

$314,719 adjusted 301 Gristmill RD, Burnet TX 78611 4bd / 3.0ba • 2,012 sqft • 2.4 mi Sold 1 months ago

$313,739 adjusted 321 Gristmill, Burnet TX 78611 4bd / 3.0ba • 2,012 sqft • 2.5 mi Sold 3 months ago

$332,369 adjusted 329 Gristmill RD, Burnet TX 78611 4bd / 3.0ba • 2,012 sqft • 2.5 mi Sold 3 months ago

$350,579 adjusted 604 E Kerr ST, Burnet TX 78611 3bd / 2.0ba • 2,126 sqft • 1.9 mi Sold 9 months ago

$535,918 adjusted 116 Travis TRL, Burnet TX 78611 4bd / 2.0ba • 2,021 sqft • 2.6 mi Sold 10 months ago

Currently on Market

$315,000 501 Possum Trot ST, Burnet TX 78611 4bd / 2.0ba • 1,992 sqft • 0.1 mi 1 days on market

$550,000 2080 Fm 963, Burnet TX 78611 4bd / 2.0ba • 2,000 sqft • 2.8 mi 1 days on market

$293,000 1300 Spicewood DR, Burnet TX 78611 5bd / 3.0ba • 1,915 sqft • 2.4 mi 77 days on market

4 Beds

3 Baths 3 Full

1,976 Sq Ft

0.662 Acres

1985 Built

2 Garage

About This Property

2 Houses on 2/3 of an acre. Main House has been completely remodeled and updated, with granite countertops throughout as well as newly installed vinyl plank flooring. 3 large bedrooms & 2 renovated bathrooms along with 1232 sq. ft. round out the main house. The Guest House is an adorable and efficient 1/1 at over 700 square feet featuring a full kitchen recently remodeled with vinyl flooring and new appliances. Both homes include covered patios and large windows. The backyard also contains a small storage building. The size and space of the property will easily allow for additional parking in back, as well as plenty of room for outdoor furniture, recreational vehicles, boats, etc. Chain link fence wraps around the entire property and 2 gates on either side of the house enable easy access. This beautiful remodeled property is waiting for new owners!

Features

2 Primary Baths
2 Primary Suites
Ceiling Fan(s)
Double Vanity
Electric Dryer Hookup
Entrance Foyer
No Interior Steps
Primary Bedroom on Main
Storage
Walk-In Closet(s)
Washer Hookup
Granite Counters

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 Laminate, No Carpet, Vinyl

Cooling Central Air

Heating Central

Exterior Private Entrance, Private Yard

County Burnet

MLS # 4604473

Garage 2 spaces

Listing History

MLS# 4604473 45 days

Feb 22, 2021	Off Market
Dec 23, 2020	Price Change	$299,000
Nov 30, 2020	Listed	$325,000

Frequently Asked Questions About 503 Southland DR, Burnet TX 78611

When was 503 Southland DR, Burnet TX 78611 built?

503 Southland DR, Burnet TX 78611 was built in 1985.

How much does 503 Southland DR, Burnet TX 78611 cost?

503 Southland DR, Burnet TX 78611 sold on February 22, 2021. Contact us for sale price details.

Similar Properties

$310,000 100 S Thomas CV, Burnet TX 78611 4 bd | 3 ba

$275,000 209 E Live Oak ST, Burnet TX 78611 4 bd | 2 ba

$293,000 1300 Spicewood DR, Burnet TX 78611 5 bd | 3 ba

$294,885 408 Creekfall RD, Burnet TX 78611 4 bd | 2 ba

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