5827 County Road 340, Burnet TX 78611

Burnet, TX 78611 | none

Ed's Opinion of Value

$94,350 Ed's Estimate: $316,821 $513,731
Lowest Comp Recommended List: $310,000 to $323,000 Highest Comp

Listing History

$475,000 List Price
$310,230 Comp Value
1 Price Reductions

This property was listed at $475,000 and expired after 150 days on market. The price was reduced from $497,500 to $475,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in 78611 points to a value of approximately $316,821. To sell within a reasonable timeframe at fair market value, the $310,000 to $323,000 range is where I'd position this. Among the similar homes currently available in 78611, this price point stands out as competitive. The larger floor plan (222 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1941 construction puts this home 53 years older than the comp average, a factor in the pricing. 7 comparable transactions in 78611 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths
1,950 Sq Ft
3.077 Acres
1941 Built

About This Property

Drive Mormon Mills Road and enjoy the country at its finest. This piece has never been developed. What a view! Great trees.Restrictions: Yes

Location

Schools

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

Property Details

Property Type Residential
Cooling Other
Heating See Remarks
Exterior None
County Burnet
MLS # 2709718

Listing History

MLS# 2709718 150 days
Jan 1, 2023 Off Market
Apr 24, 2022 Listed $497,500

Frequently Asked Questions About 5827 County Road 340, Burnet TX 78611

When was 5827 County Road 340, Burnet TX 78611 built?

5827 County Road 340, Burnet TX 78611 was built in 1941.

How much does 5827 County Road 340, Burnet TX 78611 cost?

5827 County Road 340, Burnet TX 78611 is currently off market.

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