701 Lakeshore (CR 142), Burnet TX 78611

Off Market

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Ed's Opinion of Value

$293,268 Ed's Estimate: $683,101 $1,161,873

Lowest Comp Recommended List: $532,000 to $542,000 Highest Comp

Based on 7 closed sales in ROCKY POINT, the data points to a value around $683,101 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $532,000 to $542,000. This would position the home competitively among 5 active listings in ROCKY POINT. Being 669 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1987 (14 years older than comps) is factored into the value estimate. 5 similar homes are currently available in ROCKY POINT, creating a buyer's market for this price range. Market data shows 78611 prices fallen 27.7% over the last half year. The closest comparable sale, 601 Lakewood DR, Burnet TX 78611 at an adjusted $699,854, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ROCKY POINT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78611 Market Trends

$325,500 Median Sold Price ▼ 27.7% 6mo

$199/sqft Median $/SqFt ▼ 10.2% 6mo

97 days Avg Days on Market 1 days faster

159 homes Active Inventory 10.6 mo supply

93.9% Sale-to-List Ratio

90 Sales (6 months)

Recently Sold Comparables

$699,854 adjusted 601 Lakewood DR, Burnet TX 78611 2bd / 2.0ba • 1,470 sqft • 3.3 mi Sold 9 months ago

$293,268 adjusted 580 Zuleme ST, Burnet TX 78611 3bd / 2.0ba • 1,375 sqft • 2.5 mi Sold 6 months ago

$402,847 adjusted 601 Lakeshore LOOP, Tow TX 78672 2bd / 2.0ba • 1,644 sqft • 4.7 mi Sold 11 days ago

$1,161,873 adjusted 122 Mountain View CIR, Burnet TX 78611 3bd / 3.0ba • 1,716 sqft • 4 mi Sold 4 days ago

$774,904 adjusted 206 County Road 142, Burnet TX 78611 4bd / 4.0ba • 4,756 sqft • 0.3 mi Sold 3 months ago

Currently on Market

$575,000 607 County Road 142, Burnet TX 78611 2bd / 3.0ba • 1,408 sqft • 0 mi 27 days on market

$789,900 414 Morgan Creek DR, Burnet TX 78611 2bd / 2.0ba • 1,322 sqft • 2.6 mi 17 days on market

$510,000 734 Island DR, Bluffton TX 78607 2bd / 2.0ba • 1,600 sqft • 2.8 mi 237 days on market

2 Beds

2 Baths 2 Full

1,510 Sq Ft

0.65 Acres

1987 Built

2 Garage

About This Property

This 2/2 is located on two lots totaling about .65 acres. The home has a metal roof and is approximately 1510 sf with a loft currently used as an office. The plat shows 112' WF with great views in a cove giving you some protection from the wind and less boat traffic. Large concrete area on the water as well as a nice deck. Two car detached garage with storage. Separate storage building and a covered place to park an RV or boat/trailer. Views from living area, kitchen, and both bedrooms. Lots of trees.Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
High Ceilings
Interior Steps
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)

Location

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Schools

School District Burnet ISD

Elementary RJ Richey

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central, Electric

Exterior Boat Ramp

County Burnet

MLS # 1815608

Garage 2 spaces

HOA & Community

HOA Fee $60 /Annually

HOA Includes See Remarks

Listing History

MLS# 1815608 32 days

Apr 25, 2019	Off Market
Apr 9, 2019	Pending
Mar 8, 2019	Listed	$412,000

Frequently Asked Questions About 701 Lakeshore (CR 142), Burnet TX 78611

When was 701 Lakeshore (CR 142), Burnet TX 78611 built?

701 Lakeshore (CR 142), Burnet TX 78611 was built in 1987.

How much does 701 Lakeshore (CR 142), Burnet TX 78611 cost?

701 Lakeshore (CR 142), Burnet TX 78611 sold on April 25, 2019. Contact us for sale price details.

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