1034 S Eagle ST, Fredericksburg TX 78624

Fredericksburg, TX 78624 | G E Co #1

Ed's Opinion of Value

$359,900 Ed's Estimate: $575,699 $1,034,024
Lowest Comp Recommended List: $260,000 to $270,000 Highest Comp
Based on 7 closed sales in 78624, the data points to a value around $575,699 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $260,000 to $270,000. Buyers shopping in 78624 right now would see this as a well positioned option among 7 comparable homes. Being built in 1973 (11 years older than comps) is factored into the value estimate. Lot size matters here: 1.16 acres versus 0.59 for the typical comp. The active market in 78624 includes 7 comparable homes priced from $274,000 to $1,149,000. Market data shows 78624 prices fallen 9.8% over the last half year. The closest comparable sale, 711 Chinkapin DR, Fredericksburg TX 78624 at an adjusted $478,451, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78624. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
1,775 Sq Ft
1.16 Acres
1973 Built

About This Property

IINVESTORS’ short term rental and AIRBNB DREAM! 1.16 acres zoned R2 which allows complete STR and Airbnb and property is in ETJ so NO CITY FEES for rentals. LOW tax rate. ALSO, no restrictions allows for building another structure on the property to increase even more rental income. COMPLETE interior and exterior remodel includes new stucco, metal roof, all electrical, plumbing, RO/ws system, and sheetrock. Added windows and patios. 3br/2.5 bath boasts gorgeous finishes with cathedral ceiling, and fireplace. New Kitchen Aid appliance package. Front patio off living area adds a relaxing outdoor area. Backyard includes a 15 x15 covered wood beam patio with concrete pad surrounded by artificial turf and wired for hot tub. To top off the appeal, the property has an 800 sq ft party barn featuring a unique bar with pass through window - perfect for parties, family gatherings and celebrations. Potential for this property is huge! Comparable property nearby leases for average $600/night. Total furnishing package can be added for $25K

Features

  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • See Remarks

Location

Schools

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central
Exterior Private Yard
MLS # 9877885

Listing History

MLS# 9877885 4 days (3 CDOM)
Jul 13, 2021 Off Market
Jun 4, 2021 Listed $799,500

Frequently Asked Questions About 1034 S Eagle ST, Fredericksburg TX 78624

When was 1034 S Eagle ST, Fredericksburg TX 78624 built?

1034 S Eagle ST, Fredericksburg TX 78624 was built in 1973.

How much does 1034 S Eagle ST, Fredericksburg TX 78624 cost?

1034 S Eagle ST, Fredericksburg TX 78624 sold on July 13, 2021. Contact us for sale price details.

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