618 W Main ST, Fredericksburg TX 78624

Off Market

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Ed's Opinion of Value

$399,990 Ed's Estimate: $432,103 $580,000

Lowest Comp Recommended List: $471,000 to $474,000 Highest Comp

After reviewing 3 recent transactions in 78624, I estimate this property's value at $432,103. A competitive list price for this home right now would fall in the $471,000 to $474,000 range. Relative to what's currently available in 78624, this home would be the 2nd most expensive of 3 comparable homes on the market. Current inventory shows 3 comparable homes in 78624; a buyer's market based on recent absorption. Prices in 78624 have fallen 9.8% over the last 6 months. A similar home at 908 Smokey Oak DR, Fredericksburg TX 78624 carries an adjusted comparable value of $470,950, providing a strong data point. With 3 comparable sales in 78624, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

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

$470,950 adjusted 908 Smokey Oak DR, Fredericksburg TX 78624 3bd / 2.0ba • 1,964 sqft • 1.6 mi Sold 8 days ago

$407,540 adjusted 605 Lupine Lane LN, Fredericksburg TX 78624 3bd / 2.0ba • 2,087 sqft • 0.9 mi Sold 4 months ago

$413,317 adjusted 148 Feather Way, Fredericksburg TX 78624 3bd / 2.0ba • 1,615 sqft • 1.5 mi Sold 8 months ago

Currently on Market

$459,900 207 S Creek ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,659 sqft • 1.5 mi 117 days on market

$580,000 718 Emory Dr, Fredericksburg TX 78624 3bd / 2.0ba • 2,019 sqft • 1.5 mi 67 days on market

$399,990 1705 Cherrywood DR, Fredericksburg TX 78624 2bd / 2.0ba • 1,786 sqft • 1.6 mi 42 days on market

0 Beds

0 Baths

1,869 Sq Ft

0.2265 Acres

2015 Built

About This Property

Property has appeal for multiple residential/retail or business opportunities.Buyer could live and have studio or shop om premises.Stone and wood home was built in mid-1980's.At that time, it consisted of one large front room with country kitchen behind.The sleeping quarters were upstairs.Much remains original.Extensive remodeling was done by present owners providing modern day conveniences.Two bedrooms and one full bath are on main floor.Barn and wash house are on 50x200' lot offering expansion areas.Property Condition is As Is

Location

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Property Details

Property Type Commercial Sale

Cooling Central Air

Heating Central

Exterior None

County Gillespie

MLS # 6710809

Listing History

MLS# 6710809 84 days

Jun 21, 2021	Off Market
Mar 29, 2021	Listed		$2,200,000

MLS# 8367751 374 days

Oct 6, 2012	Off Market
Sep 28, 2011	Listed		$345,000

MLS# 4889092 374 days

Oct 6, 2012	Off Market
Sep 28, 2011	Listed		$345,000

Frequently Asked Questions About 618 W Main ST, Fredericksburg TX 78624

When was 618 W Main ST, Fredericksburg TX 78624 built?

618 W Main ST, Fredericksburg TX 78624 was built in 2015.

How much does 618 W Main ST, Fredericksburg TX 78624 cost?

618 W Main ST, Fredericksburg TX 78624 sold on June 21, 2021. Contact us for sale price details.

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