118 Riley LN, Fredericksburg TX 78624

Fredericksburg, TX 78624 | Crabapple Grove #1

Off Market

Exterior view of 118 Riley LN, Fredericksburg TX 78624

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Ed's Opinion of Value

$288,000 Ed's Estimate: $466,136 $466,136

Lowest Comp Recommended List: $281,000 to $291,000 Highest Comp

After reviewing 7 recent transactions in 78624, I estimate this property's value at $466,136. A competitive list price for this home right now would fall in the $281,000 to $291,000 range. Relative to what's currently available in 78624, this home would be the most expensive of 7 comparable homes on the market. The smaller floor plan (120 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.13 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in 78624 (a buyer's market), competition is a factor to consider. Prices in 78624 have risen 17.8% over the last 6 months. A similar home at 1705 Cherrywood DR, Fredericksburg TX 78624 carries an adjusted comparable value of $365,144, providing a strong data point. The comp data here (7 sales in 78624) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus

78624 Market Trends

$595,000 Median Sold Price ▲ 17.8% 6mo

$277/sqft Median $/SqFt ▲ 9.1% 6mo

103 days Avg Days on Market 15 days slower

64 homes Active Inventory 15.4 mo supply

95.9% Sale-to-List Ratio

25 Sales (6 months)

Recently Sold Comparables

$365,144 adjusted 1705 Cherrywood DR, Fredericksburg TX 78624 2bd / 2.0ba • 1,786 sqft • 0 mi Sold 1 months ago

$418,364 adjusted 313 Heritage Hills DR, Fredericksburg TX 78624 3bd / 2.0ba • 1,953 sqft • 3.2 mi Sold 2 months ago

$418,831 adjusted 605 Lupine Lane LN, Fredericksburg TX 78624 3bd / 2.0ba • 2,087 sqft • 1 mi Sold 6 months ago

$401,252 adjusted 715 Wedgewood LN, Fredericksburg TX 78624 3bd / 2.0ba • 1,668 sqft • 2.4 mi Sold 8 months ago

$458,771 adjusted 711 Chinkapin DR, Fredericksburg TX 78624 3bd / 3.0ba • 1,902 sqft • 2.8 mi Sold 3 months ago

Currently on Market

$350,000 203 Winston DR, Fredericksburg TX 78624 3bd / 2.0ba • 1,567 sqft • 0.2 mi 50 days on market

$439,900 207 S Creek ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,659 sqft • 1.8 mi 205 days on market

$288,000 103 Ellendale PL, Fredericksburg TX 78624 4bd / 2.0ba • 1,667 sqft • 2.8 mi 78 days on market

3 Beds

2 Baths 2 Full

1,790 Sq Ft

0.126 Acres

2004 Built

2 Garage

About This Property

1,790 SF, one-story, brick, garden home, 3 bedrooms, 2 baths, metal roof, 2 car garage, kitchen island opens to great room, granite, stainless, custom cabinets, engineered hardwoods, tile, French doors, master bath soaking tub and separate shower, separate utility room, 250 SF deck with pergola, 96 SF covered back porch, landscaping, sprinklers, privacy fence

Features

2 Primary Baths
Breakfast Bar
Ceiling Fan(s)
Granite Counters
Quartz Counters
Double Vanity
Electric Dryer Hookup
French Doors
Kitchen Island
No Interior Steps
Open Floorplan
Pantry
Primary Bedroom on Main
Soaking Tub
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Fredericksburg ISD

Elementary Fredericksburg

Middle School Fredericksburg

High School Fredericksburg (Fredericksburg ISD)

Property Details

Property Type Residential Lease

Flooring Tile, Wood

Cooling Ceiling Fan(s), Central Air, Heat Pump

Heating Central

Exterior Exterior Steps, Gutters Full, Lighting, Private Yard

County Gillespie

MLS # 2781499

Garage 2 spaces

Listing History

MLS# 2781499 98 days

Jul 28, 2022	Off Market
May 19, 2022	Price Change	$2,800
Apr 21, 2022	Listed	$3,500

MLS# 7981148 18 days

Jan 2, 2018	Off Market
Nov 13, 2017	Listed		$290,000

MLS# 6779799 34 days

Feb 4, 2009	Off Market
Jan 1, 2009	Listed		$78,000

Frequently Asked Questions About 118 Riley LN, Fredericksburg TX 78624

When was 118 Riley LN, Fredericksburg TX 78624 built?

118 Riley LN, Fredericksburg TX 78624 was built in 2004.

How much does 118 Riley LN, Fredericksburg TX 78624 cost?

118 Riley LN, Fredericksburg TX 78624 sold on July 28, 2022. Contact us for sale price details.

Similar Properties

$2,750 802 S Creek ST # 100, Fredericksburg TX 78624 2 bd | 2 ba

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