807 E Highway ST, Fredericksburg TX 78624

Off Market

Additional photos available to registered users

Ed's Opinion of Value

$355,005 Ed's Estimate: $668,852 $961,824

Lowest Comp Recommended List: $278,000 to $288,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $668,852. I'd recommend coming to market at $278,000 to $288,000 to strike the right balance between value and market velocity. In the current 78624 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 1950, this home is 26 years older than the average comp, which is reflected in the adjustments. The 1.12 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Based on 7 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

$355,005 adjusted 309 Heritage Hills DR, Fredericksburg TX 78624 3bd / 2.0ba • 1,884 sqft • 1.2 mi Sold 1 months ago

$961,824 adjusted 208 N Acorn ST, Fredericksburg TX 78624 4bd / 3.0ba • 1,550 sqft • 2 mi Sold 5 months ago

$800,267 adjusted 1201 Crenwelge DR, Fredericksburg TX 78624 3bd / 3.0ba • 2,145 sqft • 0.3 mi Sold 5 months ago

$926,795 adjusted 404 Cora ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,764 sqft • 1.2 mi Sold 10 months ago

$382,862 adjusted 148 Feather Way, Fredericksburg TX 78624 3bd / 2.0ba • 1,615 sqft • 2.4 mi Sold 8 months ago

Currently on Market

$665,000 511 Olive ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,588 sqft • 0.1 mi 53 days on market

$459,900 207 S Creek ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,659 sqft • 0.4 mi 117 days on market

$420,000 510 Mueller ST # 16, Fredericksburg TX 78624 3bd / 3.0ba • 1,760 sqft • 0.7 mi 38 days on market

3 Beds

2 Baths 2 Full

1,614 Sq Ft

1.12 Acres

1950 Built

About This Property

GREAT investment opportunity. R2 zoned property with just over an acre (1.12) in town! This zoning allows MANY more cottages/rental units to be added behind the main house. Build your own little compound or group retreat. So many possibilities! Main house has been beautifully restored and includes 3 bedrooms and 2 baths plus two bonus rooms. As a B&B cottage or vacation rental it would work perfectly as a 6+2 (6 guests in bedrooms plus two on a sleeper in one of the bonus rooms.) Farm Sink

Features

High Ceilings
Primary Bedroom on Main

Location

Map loading...

Schools

School District Fredericksburg ISD

Elementary Fredericksburg Primary

Middle School Fredericksburg

High School Fredericksburg (Fredericksburg ISD)

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Natural Gas

Exterior See Remarks

County Gillespie

MLS # 7127348

Listing History

MLS# 7127348 181 days

May 13, 2017	Off Market
Nov 14, 2016	Listed		$499,900

Frequently Asked Questions About 807 E Highway ST, Fredericksburg TX 78624

When was 807 E Highway ST, Fredericksburg TX 78624 built?

807 E Highway ST, Fredericksburg TX 78624 was built in 1950.

How much does 807 E Highway ST, Fredericksburg TX 78624 cost?

807 E Highway ST, Fredericksburg TX 78624 is currently off market.

Similar Properties

$459,900 207 S Creek ST, Fredericksburg TX 78624 3 bd | 2 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

$359,900 327 W Mulberry ST, Fredericksburg TX 78624 3 bd | 2 ba

Browse More Properties

3-Bedroom Homes in Fredericksburg Homes $300K-$500K in Fredericksburg All Homes for Sale in Fredericksburg Homes in 78624 Homes in Gillespie County Homes in Fredericksburg ISD All 3-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.

Aug 3, 2011	Off Market
Apr 15, 2011	Listed		$47,000