722 Magnolia LN, Cottonwood Shores TX 78657

Cottonwood Shores, TX 78657 | Driftwood | Built by Ameritex Homes

Ed's Opinion of Value

$225,150 Ed's Estimate: $289,026 $517,750
Lowest Comp Recommended List: $276,000 to $298,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $289,026. I'd recommend coming to market at $276,000 to $298,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in DRIFTWOOD, this price positions the property as the most expensive of 4 comparable homes on the market. Being 247 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2023, this home is 12 years newer than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in DRIFTWOOD, listed between $269,000 and $269,000. The trend in 78657 shows prices have fallen 18% in the past 6 months. 746 Pecan LN, Cottonwood Shores TX 78657 nearby adjusts to $268,972; a strong comparable. Based on 7 relevant data points in DRIFTWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
2 Baths 2 Full
1,298 Sq Ft
0.1148 Acres
2023 Built
2 Garage

About This Property

Beautiful new home for sale featuring 3 bedrooms, 2 bathrooms, an open concept floor plan, and many more modern amenities throughout. The kitchen boasts a large island with upgraded countertops and energy-efficient appliances. The private master includes an ensuite bathroom and walk-in closet. All these features and more make this home a must-see! Images may be reflective of a staged or representative unit; homes are unfurnished and features may vary by floor plan and location.

Features

  • Primary Bedroom on Main
  • See Remarks

Location

Schools

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

Property Details

Property Type Residential
Flooring Tile, Vinyl
Cooling Central Air
Heating Central, Electric
Exterior None
County Burnet
MLS # 2716863
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $387 (2022)

Listing History

MLS# 2716863 155 days (154 CDOM)
Aug 25, 2023 Off Market
Jul 24, 2023 Price Change $247,490
Feb 22, 2023 Listed $304,990

Frequently Asked Questions About 722 Magnolia LN, Cottonwood Shores TX 78657

When was 722 Magnolia LN, Cottonwood Shores TX 78657 built?

722 Magnolia LN, Cottonwood Shores TX 78657 was built in 2023.

How much does 722 Magnolia LN, Cottonwood Shores TX 78657 cost?

722 Magnolia LN, Cottonwood Shores TX 78657 sold on August 25, 2023. Contact us for sale price details.

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