117 Madrona LN, Fredericksburg TX 78624

Fredericksburg, TX 78624 | Madrona Subdivision

Off Market

Exterior view of 117 Madrona LN, Fredericksburg TX 78624

Additional photos available to registered users

Ed's Opinion of Value

$400,526 Ed's Estimate: $795,473 $2,095,000

Lowest Comp Recommended List: $1,391,000 to $1,522,000 Highest Comp

The estimated value of this property is $795,473, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,391,000 and $1,522,000. Against 2 similar active listings in 78624, this price point lands at the most affordable of 2 comparable homes on the market. 2 similar homes are currently available in 78624, creating a buyer's market for this price range. Recent trends in 78624 show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 718 GRACE LN, Fredericksburg TX 78624, with an adjusted value of $400,526; with a larger floor plan. Based on 4 relevant data points in 78624, 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

78624 Market Trends

$658,750 Median Sold Price ▼ 9.8% 6mo

$315/sqft Median $/SqFt ▼ 25.5% 6mo

91 days Avg Days on Market 17 days slower

60 homes Active Inventory 16.4 mo supply

95.8% Sale-to-List Ratio

22 Sales (6 months)

Recently Sold Comparables

$400,526 adjusted 718 GRACE LN, Fredericksburg TX 78624 5bd / 3.0ba • 2,594 sqft • 0.6 mi Sold 11 months ago

$595,602 adjusted 711 Chinkapin DR, Fredericksburg TX 78624 3bd / 3.0ba • 1,902 sqft • 0.5 mi Sold 1 months ago

$624,203 adjusted 908 Smokey Oak DR, Fredericksburg TX 78624 3bd / 2.0ba • 1,964 sqft • 0.4 mi Sold 8 days ago

$1,522,122 adjusted 706 W Creek ST, Fredericksburg TX 78624 3bd / 4.0ba • 2,708 sqft • 1.4 mi Sold 7 months ago

Currently on Market

$2,095,000 104 Austin ST # B, Fredericksburg TX 78624 4bd / 4.0ba • 2,320 sqft • 1.9 mi 8 days on market

$1,375,000 502 N Orange ST, Fredericksburg TX 78624 4bd / 3.0ba • 2,567 sqft • 2 mi 3 days on market

4 Beds

3 Baths 3 Full

2,350 Sq Ft

0.1777 Acres

2021 Built

2 Garage

About This Property

Beautiful one-story home with such a great flexible floor plan. Bedrooms are separated nicely for guests and this makes a wonderful vacation or full-time permanent home to enjoy the central hill country area and the wineries of the area! Like new and lovely paint colors, upgraded bathrooms, upgraded cabinetry, covered patio, high ceilings, natural light, upscale fixtures, oversized two car garage. $40k xeriscape/beautiful rock scaping front and back, and totally fenced back yard. Close to all conveniences, HEB within 1.5 miles, great restaurants nearby and oh what shopping!

Features

Breakfast Bar
Ceiling Fan(s)
Chandelier
Quartz Counters
Electric Dryer Hookup
Washer Hookup

Location

Map loading...

Schools

School District Fredericksburg ISD

Elementary Fredericksburg

Middle School Fredericksburg

High School Fredericksburg (Fredericksburg ISD)

Property Details

Property Type Residential

Flooring Tile

Cooling Central Air

Heating Central

Exterior Private Yard

County Gillespie

MLS # 1089615

Parking

Garage 2 spaces

HOA & Community

HOA Fee $250 /Annually

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $7,188 (2022)

Listing History

MLS# 1089615 146 days

Sep 18, 2023	Off Market
Aug 5, 2023	Price Change	$590,000
Apr 4, 2023	Listed	$600,000

Frequently Asked Questions About 117 Madrona LN, Fredericksburg TX 78624

When was 117 Madrona LN, Fredericksburg TX 78624 built?

117 Madrona LN, Fredericksburg TX 78624 was built in 2021.

How much does 117 Madrona LN, Fredericksburg TX 78624 cost?

117 Madrona LN, Fredericksburg TX 78624 sold on September 18, 2023. Contact us for sale price details.

Similar Properties

$485,000 108 Tanglewood DR, Fredericksburg TX 78624 4 bd | 3 ba

$575,000 506 Shaw Ave, Fredericksburg TX 78624 3 bd | 2 ba

$589,000 229 Sunday CIR, Fredericksburg TX 78624 3 bd | 2 ba

$699,000 202 Tanglewood DR, Fredericksburg TX 78624 3 bd | 3 ba

Browse More Properties

4-Bedroom Homes in Fredericksburg Homes $500K-$750K in Fredericksburg All Homes for Sale in Fredericksburg Homes in 78624 Homes in Gillespie County Homes in Fredericksburg ISD All 4-Bedroom Homes Homes for Rent Land for Sale

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

Your Name *

Email Address *

Phone Number *

Message *

Are you currently working with an agent? *

I'd like to schedule a tour

I am pre-qualified for financing

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.