705 E Tate ST, Burnet TX 78611

Off Market

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Ed's Opinion of Value

$101,221 Ed's Estimate: $278,752 $321,620

Lowest Comp Recommended List: $361,000 to $368,000 Highest Comp

Based on 7 closed sales in HIGHLAND ACRES, the data points to a value around $278,752 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $361,000 to $368,000. Buyers shopping in HIGHLAND ACRES right now would see this as a well positioned option among 7 comparable homes. Being 145 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1974 (10 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in HIGHLAND ACRES, ranging from $239,000 to $550,000. Market data shows 78611 prices fallen 25.4% over the last half year. The closest comparable sale, 301 Julie ST, Burnet TX 78611 at an adjusted $319,051, is 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

78611 Market Trends

$330,000 Median Sold Price ▼ 25.4% 6mo

$202/sqft Median $/SqFt ▼ 6.5% 6mo

97 days Avg Days on Market 4 days slower

156 homes Active Inventory 10.3 mo supply

94.5% Sale-to-List Ratio

91 Sales (6 months)

Recently Sold Comparables

$319,051 adjusted 301 Julie ST, Burnet TX 78611 4bd / 2.0ba • 1,760 sqft • 0.3 mi Sold 7 months ago

$272,232 adjusted 700 Lewis DR, Burnet TX 78611 3bd / 2.0ba • 1,464 sqft • 0 mi Sold 11 months ago

$101,221 adjusted 521 County Road 340A, Burnet TX 78611 3bd / 2.0ba • 1,848 sqft • 2.2 mi Sold 1 months ago

$308,395 adjusted 604 E Kerr ST, Burnet TX 78611 3bd / 2.0ba • 2,126 sqft • 0.2 mi Sold 9 months ago

$321,620 adjusted 801 E Johnson ST, Burnet TX 78611 3bd / 2.0ba • 1,253 sqft • 0.2 mi Sold 1 months ago

Currently on Market

$239,000 901 N Hill ST, Burnet TX 78611 3bd / 2.0ba • 1,588 sqft • 0.2 mi 55 days on market

$315,000 501 Possum Trot ST, Burnet TX 78611 4bd / 2.0ba • 1,992 sqft • 2.1 mi 1 days on market

$319,990 317 Gristmill RD, Burnet TX 78611 3bd / 2.0ba • 1,777 sqft • 1.2 mi 165 days on market

3 Beds

2 Baths 2 Full

1,849 Sq Ft

0.74 Acres

1974 Built

About This Property

Adorable brick home in the heart of Burnet on an enormous .74 acre lot. This well-maintained home offers an open living floorplan with a large fireplace and feature wall in the family room. Quietly tucked away at the back of the home you will find the primary bedroom with an on-suite bath. Two large secondary bedrooms and a full bath complete the livable area of the home. Additionally, as you enter from the oversized carport is a laundry room and storage area. Relax outside under the beautiful trees while enjoying your oversized fenced manicured yard. Conveniently located to 29, shopping and schools. Per the city, the large side yard can be easily subdivided and is currently zoned for single-family homes. Buyer must verify this wonderful opportunity in the middle of town.

Features

Ceiling Fan(s)
Electric Dryer Hookup
Pantry
Primary Bedroom on Main
Washer Hookup

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 Carpet, Linoleum

Cooling Central Air

Heating Central

Exterior Private Yard

County Burnet

MLS # 3989009

Listing History

MLS# 3989009 23 days (20 CDOM)

Jul 30, 2021	Off Market
Jul 11, 2021	Price Change	$298,500
Jun 26, 2021	Listed	$325,000

Frequently Asked Questions About 705 E Tate ST, Burnet TX 78611

When was 705 E Tate ST, Burnet TX 78611 built?

705 E Tate ST, Burnet TX 78611 was built in 1974.

How much does 705 E Tate ST, Burnet TX 78611 cost?

705 E Tate ST, Burnet TX 78611 sold on July 30, 2021. Contact us for sale price details.

Similar Properties

$269,000 602 S Pierce ST, Burnet TX 78611 3 bd | 2 ba

$275,000 1107 Seneca DR, Burnet TX 78611 3 bd | 2 ba

$289,990 320 Gristmill RD, Burnet TX 78611 3 bd | 2 ba

$300,990 316 Gristmill RD, Burnet TX 78611 3 bd | 2 ba

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