657 Magnolia LN, Cottonwood Shores TX 78657

Cottonwood Shores, TX 78657 | Scarlet Oaks

Ed's Opinion of Value

$141,213 Ed's Estimate: $221,763 $328,500
Lowest Comp Recommended List: $284,000 to $291,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $221,763. To generate strong buyer interest while maximizing value, I'd price this between $284,000 and $291,000. Among the similar homes currently available in SCARLET OAKS, this price point stands out as competitive. The 1970 construction puts this home 18 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. 6 similar homes are currently available in SCARLET OAKS, creating a buyer's market for this price range. The trend in 78657 shows prices have fallen 12.3% in the past 6 months. 600 Fir LN, Cottonwood Shores TX 78657 nearby adjusts to $272,767; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
1 Baths 1 Full
1,434 Sq Ft
0.14 Acres
1970 Built
1 Garage

About This Property

Good sized three bedroom home with wood burning stove to stay warm and toasty on those occasional cold winter days. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation FEMA - Unknown Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

School District Marble Falls ISD
Elementary Marble Falls
Middle School Marble Falls
High School Marble Falls

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central
Exterior No Exterior Steps
County Burnet
MLS # 4271019
Garage 1 spaces

Listing History

MLS# 4271019 27 days
Oct 24, 2012 Off Market
Aug 22, 2012 Pending
Jul 26, 2012 Listed $64,500

Frequently Asked Questions About 657 Magnolia LN, Cottonwood Shores TX 78657

When was 657 Magnolia LN, Cottonwood Shores TX 78657 built?

657 Magnolia LN, Cottonwood Shores TX 78657 was built in 1970.

How much does 657 Magnolia LN, Cottonwood Shores TX 78657 cost?

657 Magnolia LN, Cottonwood Shores TX 78657 sold on October 24, 2012. Contact us for sale price details.

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