727 Driftwood LN, Cottonwood Shores TX 78657

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

Off Market

Exterior view of 727 Driftwood LN, Cottonwood Shores TX 78657

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Ed's Opinion of Value

$228,657 Ed's Estimate: $293,562 $523,097

Lowest Comp Recommended List: $276,000 to $306,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $293,562. I'd recommend coming to market at $276,000 to $306,000 to strike the right balance between value and market velocity. Against 4 similar active listings in DRIFTWOOD, this price point lands at the most expensive of 4 comparable homes on the market. The smaller floor plan (330 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2023, this home is 17 years newer than the average comp, which is reflected in the adjustments. The active market in DRIFTWOOD includes 4 comparable homes priced from $269,000 to $269,000. The trend in DRIFTWOOD shows prices have fallen 46.9% in the past 6 months. 746 Pecan LN, Cottonwood Shores TX 78657 nearby adjusts to $275,610; 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

DRIFTWOOD Market Trends

$233,200 Median Sold Price ▼ 46.9% 6mo

$161/sqft Median $/SqFt ▼ 25.8% 6mo

114 days Avg Days on Market 53 days slower

1 homes Active Inventory 2 mo supply

99.1% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$275,610 adjusted 746 Pecan LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,262 sqft • 0.2 mi Sold 3 months ago

$305,632 adjusted 600 Fir LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,392 sqft • 0.4 mi Sold 1 months ago

$228,657 adjusted 724 Cypress LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,356 sqft • 0.2 mi Sold 2 months ago

$250,969 adjusted 3915 Willow DR, Horseshoe Bay TX 78657 2bd / 2.0ba • 1,320 sqft • 0.2 mi Sold 6 months ago

$523,097 adjusted 710 Pecan LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 2,477 sqft • 0.2 mi Sold 11 months ago

Currently on Market

$269,000 639 Magnolia LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,253 sqft • 0.3 mi 1 days on market

$269,000 857 Cypress LN, Horseshoe Bay TX 78657 3bd / 2.0ba • 1,253 sqft • 0.5 mi 1 days on market

$269,000 625 Birch LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,253 sqft • 0.4 mi 1 days on market

3 Beds

2 Baths 2 Full

1,298 Sq Ft

0.15 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

No Interior Steps
Primary Bedroom on Main
Walk-In Closet(s)

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 Tile, Vinyl

Cooling Central Air, Electric

Heating Central, Electric

Exterior No Exterior Steps

County Burnet

MLS # 2667559

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $486 (2022)

Listing History

MLS# 2667559 162 days

Sep 15, 2023	Off Market
Jul 24, 2023	Price Change	$247,490
Feb 23, 2023	Listed	$304,990

Frequently Asked Questions About 727 Driftwood LN, Cottonwood Shores TX 78657

When was 727 Driftwood LN, Cottonwood Shores TX 78657 built?

727 Driftwood LN, Cottonwood Shores TX 78657 was built in 2023.

How much does 727 Driftwood LN, Cottonwood Shores TX 78657 cost?

727 Driftwood LN, Cottonwood Shores TX 78657 sold on September 15, 2023. Contact us for sale price details.

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