Ed's Opinion of Value

$73,447 Ed's Estimate: $141,472 $320,000
Lowest Comp Recommended List: $139,000 to $144,000 Highest Comp

Listing History

$269,000 List Price
$136,158 Comp Value
1 Price Reductions

This property was listed at $269,000 and expired after 90 days on market. The price was reduced from $274,000 to $269,000. This listing activity factors into the valuation.

Reviewing the most recent comparable transactions, this home's market value falls around $141,472. For a well positioned listing in JOHN HAMILTON SURV #1 ABS #, I'd target the $139,000 to $144,000 range. Among the similar homes currently available in JOHN HAMILTON SURV #1 ABS #, this price point stands out as competitive. At 290 sqft smaller than the typical comp, the size difference factors into the valuation. The 1930 construction puts this home 50 years older than the comp average, a factor in the pricing. 7 comparable transactions in JOHN HAMILTON SURV #1 ABS # 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
2 Beds
2 Baths 1 Full
904 Sq Ft
0.2066 Acres
1930 Built

About This Property

Property Offered BELOW CAD value for a FAST SALE! Right off HWY 281 LOCATION LOCATION LOCATION! Absolutely stunning lot! Completely restore this 1930's 1bed/ 1bath home OR tear down to start over with a new home/product for the highly demanding Burnet rental market. AirBnB & VRBO approved! Outstanding pecan tree! Only 1/2 a mile from Starbucks , McDonalds ,and Walgreens. Burnet town square and everything it has to offer is all within walking distance! Don't miss this one offered below the Burnet CAD value!

Features

  • Primary Bedroom on Main
  • See Remarks

Location

Schools

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

Property Details

Property Type Residential
Flooring Wood
Cooling None
Heating None
Exterior None
County Burnet
MLS # 7584369

Tax Information

Annual Taxes (MLS) $2,009 (2023)

Listing History

MLS# 7584369 90 days (259 CDOM)
Apr 10, 2024 Off Market
Jan 11, 2024 Listed $289,000
May 30, 2023 Price Change $269,000

Frequently Asked Questions About 802 N Water ST, Burnet TX 78611

When was 802 N Water ST, Burnet TX 78611 built?

802 N Water ST, Burnet TX 78611 was built in 1930.

How much does 802 N Water ST, Burnet TX 78611 cost?

802 N Water ST, Burnet TX 78611 is currently off market.

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