504 Whispering Oaks, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$88,887 Ed's Estimate: $251,793 $314,999

Lowest Comp Recommended List: $291,000 to $292,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $251,793. I'd recommend coming to market at $291,000 to $292,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78611, this price point stands out as competitive. Built in 1940, this home is 60 years older than the average comp, which is reflected in the adjustments. The 10.00 acre lot (larger than the 0.20 acre average) is reflected in the estimate. The active market in 78611 includes 5 comparable homes priced from $289,990 to $338,000. The trend in 78611 shows prices have fallen 27.6% in the past 6 months. 904 S Pierce ST, Burnet TX 78611 nearby adjusts to $88,887; a strong comparable. Based on 7 relevant data points in 78611, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78611 Market Trends

$326,000 Median Sold Price ▼ 27.6% 6mo

$198/sqft Median $/SqFt ▼ 10.4% 6mo

98 days Avg Days on Market unchanged

156 homes Active Inventory 10.4 mo supply

94.0% Sale-to-List Ratio

90 Sales (6 months)

Recently Sold Comparables

$88,887 adjusted 904 S Pierce ST, Burnet TX 78611 2bd / 2.0ba • 1,483 sqft • 3 mi Sold 4 months ago

$290,596 adjusted 325 Gristmill RD, Burnet TX 78611 3bd / 2.0ba • 1,540 sqft • 2.3 mi Sold 2 months ago

$292,275 adjusted 306 Gristmill RD, Burnet TX 78611 3bd / 2.0ba • 1,478 sqft • 2.3 mi Sold 1 months ago

$287,475 adjusted 305 Gristmill RD, Burnet TX 78611 3bd / 2.0ba • 1,478 sqft • 2.3 mi Sold 2 months ago

$233,648 adjusted 700 Lewis DR, Burnet TX 78611 3bd / 2.0ba • 1,464 sqft • 3.3 mi Sold 10 months ago

Currently on Market

$300,990 316 Gristmill RD, Burnet TX 78611 3bd / 2.0ba • 1,540 sqft • 2.3 mi 132 days on market

$314,999 145 Elmer Ave, Burnet TX 78611 3bd / 2.0ba • 1,489 sqft • 2.6 mi 47 days on market

$289,990 320 Gristmill RD, Burnet TX 78611 3bd / 2.0ba • 1,478 sqft • 2.3 mi 118 days on market

3 Beds

2 Baths 2 Full

1,519 Sq Ft

10 Acres

1940 Built

About This Property

Country Living on 10 acres, AG exempt, Burnet ISD. Older home remodeled in 1995, upgraded kitchen with stainless steel appliances, granite counter tops, and beautiful cabinets. Private Master Bedroom with vaulted ceiling, huge Master Bath with deep jetted tub. Home is move in ready. Property is totally fenced and has a 4 stall pole barn with separate storage building for feed, tools, ETC.

Features

Interior Steps
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 Concrete, Vinyl, Wood

Cooling Central Air

Heating Central

Exterior Exterior Steps, Gutters Full

County Burnet

MLS # 9463593

Tax Information

Annual Taxes (MLS) $1,417 (2013)

Listing History

MLS# 9463593 111 days

Aug 20, 2014	Off Market
Jul 25, 2014	Pending
Jun 27, 2014	Price Change	$174,500
Jan 21, 2014	Listed	$189,900

Frequently Asked Questions About 504 Whispering Oaks, Burnet TX 78611

When was 504 Whispering Oaks, Burnet TX 78611 built?

504 Whispering Oaks, Burnet TX 78611 was built in 1940.

How much does 504 Whispering Oaks, Burnet TX 78611 cost?

504 Whispering Oaks, Burnet TX 78611 sold on August 20, 2014. Contact us for sale price details.

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