518 Morgan Creek DR, Burnet TX 78611

Burnet, TX 78611 | Morgan Creek

Ed's Opinion of Value

$421,400 Ed's Estimate: $1,008,513 $1,248,459
Lowest Comp Recommended List: $504,000 to $514,000 Highest Comp
Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,008,513. If we were to list this property today, I'd recommend a list price in the $504,000 to $514,000 range. Buyers shopping in MORGAN CREEK right now would see this as a well positioned option among 2 comparable homes. The 438 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2004 (11 years newer than comps) is factored into the value estimate. 2 similar homes are currently available in MORGAN CREEK, creating a buyer's market for this price range. The 6 month price trend in 78611: fallen 26.4%. The best comp here is 518 Morgan Creek DR, Burnet TX 78611 at an adjusted value of $1,248,459, a strong comparable. 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
4 Beds
4 Baths 3 Full, 1 Half
2,711 Sq Ft
1.15 Acres
2004 Built
2 Garage

About This Property

Breathtaking waterfront home on Lake Buchanan. Custom built for current owners. Wonderful views of lake and hill county from multiple locations inside and out. Dock for boats and water craft, rockwork for entering water for swimming. Great layout for full time living and entertaining. A must see.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Features

  • Bookcases
  • Breakfast Bar
  • Beamed Ceilings
  • Vaulted Ceiling(s)
  • Entrance Foyer
  • French Doors
  • In-Law Floorplan
  • Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Burnet ISD
Elementary Shady Grove
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Residential
Flooring Concrete
Cooling Central Air
Heating Central, Electric
Exterior Balcony, Boat Lift, Boat Slip, Dock, Gutters Full, Private Dock, RV Hookup
County Burnet
MLS # 3053737
Garage 2 spaces

HOA & Community

HOA Fee $125 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 3053737 206 days
Sep 17, 2018 Off Market
Jul 24, 2018 Pending
May 1, 2018 Price Change $734,500
Dec 30, 2017 Listed $749,000

Frequently Asked Questions About 518 Morgan Creek DR, Burnet TX 78611

When was 518 Morgan Creek DR, Burnet TX 78611 built?

518 Morgan Creek DR, Burnet TX 78611 was built in 2004.

How much does 518 Morgan Creek DR, Burnet TX 78611 cost?

518 Morgan Creek DR, Burnet TX 78611 sold on September 17, 2018. Contact us for sale price details.

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