611 Magnolia LN, Cottonwood Shores TX 78657

Cottonwood Shores, TX 78657 | Scarlet Oaks

Off Market

Exterior view of 611 Magnolia LN, Cottonwood Shores TX 78657

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Ed's Opinion of Value

$237,086 Ed's Estimate: $298,218 $406,192

Lowest Comp Recommended List: $309,000 to $329,000 Highest Comp

The estimated value of this property is $298,218, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $309,000 and $329,000. Among the similar homes currently available in SCARLET OAKS, this price point stands out as competitive. The 0.17 acre lot (smaller than the 5.42 acre average) is reflected in the estimate. With 6 similar homes currently listed in SCARLET OAKS (a buyer's market), competition is a factor to consider. Recent trends in 78657 show home values have fallen 13.2% since 6 months ago. The most comparable recent sale is 600 Fir LN, Cottonwood Shores TX 78657, with an adjusted value of $309,210; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78657 Market Trends

$640,000 Median Sold Price ▼ 13.2% 6mo

$274/sqft Median $/SqFt ▼ 14.5% 6mo

161 days Avg Days on Market 47 days slower

214 homes Active Inventory 14.4 mo supply

95.4% Sale-to-List Ratio

89 Sales (6 months)

Recently Sold Comparables

$309,210 adjusted 600 Fir LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,392 sqft • 0.2 mi Sold 1 months ago

$278,398 adjusted 746 Pecan LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,262 sqft • 0.4 mi Sold 3 months ago

$237,086 adjusted 724 Cypress LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,356 sqft • 0.4 mi Sold 2 months ago

$270,468 adjusted 650 Birch LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,699 sqft • 0.2 mi Sold 7 months ago

$406,192 adjusted 5321 W Fm 2147 # 6, Horseshoe Bay TX 78657 3bd / 2.0ba • 1,572 sqft • 1.3 mi Sold 5 months ago

Currently on Market

$269,000 639 Magnolia LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,253 sqft • 0.1 mi 1 days on market

$269,000 625 Birch LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,253 sqft • 0.1 mi 1 days on market

$269,000 627 Birch LN, Cottonwood Shores TX 78657 3bd / 3.0ba • 1,253 sqft • 0.1 mi 1 days on market

3 Beds

2 Baths 2 Full

1,426 Sq Ft

0.172 Acres

2001 Built

2 Garage

About This Property

Affordable, single story, 3/2/2. Large kitchen, adjacent dining area and easy backyard access, spacious living area has vaulted ceiling and built-in shelving. Large laundry/storage room, plus a 2-car garage. Covered porch, covered rear patio with chain link fenced yard. Cottonwood Shores offers its residents a waterfront park with boat launch to Lake Marble Falls as well as a playground! Location is convenient to restaurants, shopping, and boating.FEMA - Unknown Restrictions: Yes

Features

Bookcases
Vaulted Ceiling(s)
Pantry
Primary Bedroom on Main

Location

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Schools

School District Marble Falls ISD

Elementary Colt

Middle School Marble Falls

High School Marble Falls

Property Details

Property Type Residential

Flooring Concrete, Tile

Cooling Central Air

Heating Central, Electric

Exterior Boat Ramp

County Burnet

MLS # 1983353

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $3,569 (2017)

Listing History

MLS# 1983353 101 days

Jun 7, 2018	Off Market
Apr 5, 2018	Pending
Mar 30, 2018	Price Change	$155,000
Dec 14, 2017	Listed	$169,000

Frequently Asked Questions About 611 Magnolia LN, Cottonwood Shores TX 78657

When was 611 Magnolia LN, Cottonwood Shores TX 78657 built?

611 Magnolia LN, Cottonwood Shores TX 78657 was built in 2001.

How much does 611 Magnolia LN, Cottonwood Shores TX 78657 cost?

611 Magnolia LN, Cottonwood Shores TX 78657 sold on June 7, 2018. Contact us for sale price details.

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