331 Simpson Ave, Cedar Creek TX 78612

Cedar Creek, TX 78612 | Bastrop County West

Ed's Opinion of Value

$282,004 Ed's Estimate: $457,621 $895,000
Lowest Comp Recommended List: $300,000 to $310,000 Highest Comp
The comparable sales data (7 recent transactions in BASTROP COUNTY WEST) supports an estimated value of $457,621. The data suggests a list price between $300,000 and $310,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in BASTROP COUNTY WEST, this home would be the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (527 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1986 (6 years older than comps) is factored into the value estimate. 7 similar homes are currently available in BASTROP COUNTY WEST, creating a buyer's market for this price range. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 281 Simpson Ave, Cedar Creek TX 78612 carries an adjusted comparable value of $569,136, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in BASTROP COUNTY WEST. 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
3 Beds
2 Baths 2 Full
2,502 Sq Ft
2.172 Acres
1986 Built

About This Property

Pending taking back up offers. Great opportunity to own 2.17 acres with two detached guest rooms/apartments near Tesla, COTA, SpaceX, future 552 Studio and Austin airport. This spacious diamond in the rough is waiting for a buyer who has a vision to turn it into a country dream home. Main house is an estimated 2502 square feet and has a converted garage for second family room and dining room. First detached guest room/apartment has full bath, kitchen sink, fridge and room for more appliances, two additional bedrooms, a garage and carport. Second detached guest room has one bedroom, walk-in closet and half bath with plumbing to add a shower. Combined square footage with two detached guest rooms is estimated at 4000. Separate detached large carport for additional parking. Two detached storage rooms. Don't let this great opportunity pass you by! Buyer to verify information. No HOA.

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Laminate Counters
  • In-Law Floorplan
  • Kitchen Island
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Bastrop ISD
Elementary Cedar Creek
High School Cedar Creek

Property Details

Property Type Residential
Flooring Laminate, No Carpet, Tile, Wood
Cooling Central Air
Heating Electric, Fireplace(s)
Exterior None
County Bastrop
MLS # 5412577

Tax Information

Annual Taxes $5,808 (2022)

Listing History

MLS# 5412577 81 days
May 19, 2023 Off Market
Jan 13, 2023 Listed $624,999

Frequently Asked Questions About 331 Simpson Ave, Cedar Creek TX 78612

When was 331 Simpson Ave, Cedar Creek TX 78612 built?

331 Simpson Ave, Cedar Creek TX 78612 was built in 1986.

How much does 331 Simpson Ave, Cedar Creek TX 78612 cost?

331 Simpson Ave, Cedar Creek TX 78612 sold on May 19, 2023. Contact us for sale price details.

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