8301 FM 487, Florence TX 76527

Off Market

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Ed's Opinion of Value

$229,164 Ed's Estimate: $829,402 $1,313,780

Lowest Comp Recommended List: $805,000 to $854,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $829,402. I'd recommend coming to market at $805,000 to $854,000 to strike the right balance between value and market velocity. In the current 76527 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 731 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 7 of 7 comparable homes not offering one. Buyers in 76527 have 1 comparable options right now, with asking prices between $999,999 and $999,999. The trend in 76527 shows prices have fallen 27.8% in the past 6 months. 1201 County Road 229, Florence TX 76527 nearby adjusts to $967,126; with a larger floor plan and no pool. Based on 7 relevant data points in 76527, 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

76527 Market Trends

$455,000 Median Sold Price ▼ 27.8% 6mo

$273/sqft Median $/SqFt ▼ 15.2% 6mo

60 days Avg Days on Market 81 days faster

19 homes Active Inventory 6 mo supply

96.5% Sale-to-List Ratio

19 Sales (6 months)

Recently Sold Comparables

$967,126 adjusted 1201 County Road 229, Florence TX 76527 5bd / 3.0ba • 3,188 sqft • 3.3 mi Sold 7 months ago

$1,054,678 adjusted 120 NW Strada Luca NW, Florence TX 76527 3bd / 3.0ba • 2,852 sqft • 1.4 mi Sold 2 months ago

$567,072 adjusted 51 Private Road 901, Florence TX 76527 3bd / 2.0ba • 1,250 sqft • 4.4 mi Sold 18 days ago

$229,164 adjusted 208 E Tomlinson ST, Florence TX 76527 4bd / 3.0ba • 2,003 sqft • 4.6 mi Sold 5 months ago

$1,313,780 adjusted 130 Chris LN, Florence TX 76527 5bd / 4.0ba • 4,019 sqft • 3 mi Sold 11 months ago

Currently on Market

$999,999 601 Strada Luca, Florence TX 76527 3bd / 4.0ba • 2,797 sqft • 1.2 mi 293 days on market

3 Beds

3 Baths 3 Full

3,059 Sq Ft

61 Acres

2004 Built

About This Property

Equine lovers' dream! Beautiful home and horse facility set on 61 acres in the hill country. Wonderful 3034 sf home w/ primary bedroom on main and backyard oasis featuring in-ground pool. Facilities include 2010 sf detached carport w/ 420 sf enclosed storage, 3750 sf workshop, 54,000 sf riding arena, 3750 sf foaling barn, 4060 sf covered round pen, 3300 sf show barn, 10 ~300 sf loafing sheds and 315 sf well house. Large tank and wet weather creek. Incredible trees and rolling hills. No flood plain. Ag exempt. Chisholm Water. Approx. 1500 ft of paved frontage on FM 487. Conveniently located 2 miles from downtown Florence, 20 minutes to Georgetown/IH-35 and 45 minutes to the Austin airport, giving quick access to the greater Austin area. More land available in adjacent tracts. MOL 60 acres being subdivided out of larger tract. New survey will be required.

Property Highlights

Pool In Ground

Features

Breakfast Bar
High Ceilings
Primary Bedroom on Main

Location

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Schools

School District Florence ISD

Elementary Florence

Middle School Florence

High School Florence

Property Details

Property Type Residential

Flooring Tile

Cooling Central Air, Other

Heating Central, Electric

Exterior None

County Williamson

MLS # 8320325

Listing History

MLS# 8320325 61 days

Dec 17, 2021	Off Market
May 29, 2021	Listed		$2,500,000

Frequently Asked Questions About 8301 FM 487, Florence TX 76527

When was 8301 FM 487, Florence TX 76527 built?

8301 FM 487, Florence TX 76527 was built in 2004.

How much does 8301 FM 487, Florence TX 76527 cost?

8301 FM 487, Florence TX 76527 sold on December 17, 2021. Contact us for sale price details.

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