Ed's Opinion of Value

$701,715 Ed's Estimate: $1,386,522 $1,589,483
Lowest Comp Recommended List: $1,074,000 to $1,084,000 Highest Comp
After reviewing 7 recent transactions in ROCKY HOLLOW RANCH, I estimate this property's value at $1,386,522. A competitive list price for this home right now would fall in the $1,074,000 to $1,084,000 range. Relative to what's currently available in ROCKY HOLLOW RANCH, this home would be below the only comparable home currently on the market. Being 448 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (10.00 acres versus the area average of 3.24) contributes to the valuation. 1 similar homes are currently available in ROCKY HOLLOW RANCH, creating a buyer's market for this price range. Prices in 78611 have fallen 5.9% over the last 6 months. A similar home at 100 Rocky Hollow DR, Burnet TX 78611 carries an adjusted comparable value of $701,715, providing a strong data point. With 7 comparable sales in ROCKY HOLLOW RANCH, 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
4 Beds
4 Baths 3 Full, 1 Half
3,992 Sq Ft
10 Acres
2014 Built
3 Garage

About This Property

Unique rare 10 acre equestrian lot with high production well. This land is cleared with panoramic Hill Country views from the home site and granite stone around. It is also for sale with a quality new custom home by Partners In Building. Gated community with matured oak trees and seasonal wild flowers. Beautiful custom homes in this private 30 lot subdivision. This is Hill Country living at its finest especially if you own horses. Only 6 minutes from Burnet.FEMA - Unknown Guest Accommodations: Yes Restrictions: Yes

Features

  • Beamed Ceilings
  • Cathedral Ceiling(s)
  • Coffered Ceiling(s)
  • French Doors
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Burnet ISD
Elementary Shady Grove
Middle School Other
High School Burnet

Property Details

Property Type Farm
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps
County Burnet
MLS # 5384481
Garage 3 spaces

HOA & Community

HOA Fee $600 /Annually
HOA Includes See Remarks

Listing History

MLS# 5384481 654 days
Jan 26, 2018 Off Market
Mar 30, 2016 Listed $155,000

Frequently Asked Questions About 701 Rocky Hollow DR, Burnet TX 78611

When was 701 Rocky Hollow DR, Burnet TX 78611 built?

701 Rocky Hollow DR, Burnet TX 78611 was built in 2014.

How much does 701 Rocky Hollow DR, Burnet TX 78611 cost?

701 Rocky Hollow DR, Burnet TX 78611 sold on January 26, 2018. Contact us for sale price details.

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.