391 Thousand Oaks DR, Cedar Creek TX 78612

Cedar Creek, TX 78612 | Thousand Oaks

Ed's Opinion of Value

$418,044 Ed's Estimate: $513,490 $895,000
Lowest Comp Recommended List: $503,000 to $524,000 Highest Comp

Listing History

$650,000 List Price
$507,802 Comp Value
1 Price Reductions

This property was listed at $650,000 and withdrawn after 165 days on market. The price was reduced from $699,999 to $650,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in THOUSAND OAKS points to a value of approximately $513,490. To sell within a reasonable timeframe at fair market value, the $503,000 to $524,000 range is where I'd position this. Against 7 similar active listings in THOUSAND OAKS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1987 construction puts this home 22 years older than the comp average, a factor in the pricing. At 2.50 acres, the lot is larger than the 2.04 acre comp average, which factors into pricing. 7 comparable transactions in THOUSAND OAKS 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
4 Beds
4 Baths 3 Full, 1 Half
2,448 Sq Ft
2.499 Acres
1987 Built
2 Garage

About This Property

Fantastic opportunity in Cedar Creek - just outside of Austin. 2.5 acres with two separate properties. Main house has 3 bed 2.5 bath floorplan with all bedrooms up and charming wrap around porches for gorgeous sunrise/sunset views. Spacious kitchen and dining room allows for great entertaining space and easy flow to main living room. Recent updates to main house include new hickory flooring, lighting fixtures, and updated stair and bathroom tile. Well constructed home with 4x4 and 4x6 framing, pine milled trim all done by original owner and includes a storm cellar. Guest home is 1/1 currently used for Airbnb and income producing. Properties are on separate electric, propane and septic. Oversized garage is equipped for RV electric hookups but could be turned into an additional guest house to Airbnb. Lots of land to stretch out or fill with horses, goats, chickens and cats and dogs. Close to Tesla, COTA, ABIA and all the other coming soons - easy commute to Austin or Bastrop. Low tax rate. Endless possibilities!

Features

  • Chandelier
  • Granite Counters
  • Kitchen Island
  • Natural Woodwork
  • Walk-In Closet(s)

Location

Schools

School District Bastrop ISD
Elementary Cedar Creek
High School Cedar Creek

Property Details

Property Type Residential
Flooring No Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Exterior Steps
County Bastrop
MLS # 4030606

Parking

Garage 2 spaces

Tax Information

Annual Taxes $8,105 (2022)

Listing History

MLS# 4030606 165 days (447 CDOM)
Aug 14, 2024 Off Market
Jul 9, 2024 Price Change $650,000
Mar 2, 2024 Listed $724,000

Frequently Asked Questions About 391 Thousand Oaks DR, Cedar Creek TX 78612

When was 391 Thousand Oaks DR, Cedar Creek TX 78612 built?

391 Thousand Oaks DR, Cedar Creek TX 78612 was built in 1987.

How much does 391 Thousand Oaks DR, Cedar Creek TX 78612 cost?

391 Thousand Oaks DR, Cedar Creek TX 78612 is currently off market.

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