507 Cedarhill DR, Granite Shoals TX 78654

Off Market

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Ed's Opinion of Value

$255,000 Ed's Estimate: $445,394 $815,866

Lowest Comp Recommended List: $283,000 to $293,000 Highest Comp

My analysis of 5 comparable properties puts this home's estimated value at $445,394. Based on how the local market is moving, a list price between $283,000 and $293,000 would position this home well. Buyers shopping in CASTLE HILLS right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (369 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.48 acres versus the area average of 0.37) contributes to the valuation. 7 similar homes are currently available in CASTLE HILLS, creating a buyer's market for this price range. The 6 month price trend in 78654: fallen 21.8%. The best comp here is 1013 Highland DR, Highland Haven TX 78654 at an adjusted value of $269,586, a strong comparable. With 5 comparable sales in CASTLE HILLS, 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

78654 Market Trends

$350,000 Median Sold Price ▼ 21.8% 6mo

$187/sqft Median $/SqFt ▼ 14.3% 6mo

132 days Avg Days on Market 18 days slower

195 homes Active Inventory 10.3 mo supply

96.7% Sale-to-List Ratio

114 Sales (6 months)

Recently Sold Comparables

$269,586 adjusted 1013 Highland DR, Highland Haven TX 78654 3bd / 3.0ba • 2,115 sqft • 2 mi Sold 2 months ago

$346,373 adjusted 201 Flamingo CIR, Marble Falls TX 78654 3bd / 2.0ba • 1,866 sqft • 1.8 mi Sold 11 months ago

$279,575 adjusted 148 W Castleshoals DR, Granite Shoals TX 78654 3bd / 3.0ba • 1,620 sqft • 1.1 mi Sold 10 months ago

$815,866 adjusted 119 Robin RD, Marble Falls TX 78654 3bd / 3.0ba • 1,684 sqft • 2.1 mi Sold 23 days ago

$520,969 adjusted 301 Twilight LN, Granite Shoals TX 78654 2bd / 3.0ba • 1,507 sqft • 0.7 mi Sold 5 months ago

Currently on Market

$680,000 605 Cove CIR, Granite Shoals TX 78654 3bd / 2.0ba • 2,136 sqft • 0.2 mi 134 days on market

$255,000 1701 Valley View LN, Granite Shoals TX 78654 2bd / 2.0ba • 1,811 sqft • 1.3 mi 81 days on market

$499,999 207 Flamingo CIR, Highland Haven TX 78654 3bd / 2.0ba • 2,202 sqft • 1.8 mi 373 days on market

2 Beds

1 Baths 1 Full

2,127 Sq Ft

0.479 Acres

1970 Built

About This Property

Lake LBJ Waterfront home on a large gently sloping lot with over 60' of waterfront, gorgeous mature trees, and fabulous views! Never before on the market this legacy waterfront home is on a quiet cul-de-sac street that is surrounded by Lake LBJ on all sides offering water views from every direction. Nestled on a spacious lot that gently slopes to protected cove waterfront, just seconds from open water, this 2/1 with bonus room offers an attached 2 car carport, and a 1 slip boat dock. This property would be a perfect waterfront retreat offering room to build another home or expand the existing structure. Tons of potential and investment opportunity with this one!

Features

Ceiling Fan(s)
Double Vanity
Electric Dryer Hookup
French Doors
Pantry
Primary Bedroom on Main
Storage

Location

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Schools

School District Marble Falls ISD

Elementary Highland Lake

Middle School Marble Falls

High School Marble Falls

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)

Heating Ceiling, Electric, See Remarks

Exterior Boat Ramp, Exterior Steps, Gutters Full, Private Dock, Private Yard

County Burnet

MLS # 7403266

Listing History

MLS# 7403266 20 days

Feb 14, 2022	Off Market
Dec 14, 2021	Price Change	$850,000
Dec 3, 2021	Listed	$945,000

Frequently Asked Questions About 507 Cedarhill DR, Granite Shoals TX 78654

When was 507 Cedarhill DR, Granite Shoals TX 78654 built?

507 Cedarhill DR, Granite Shoals TX 78654 was built in 1970.

How much does 507 Cedarhill DR, Granite Shoals TX 78654 cost?

507 Cedarhill DR, Granite Shoals TX 78654 sold on February 14, 2022. Contact us for sale price details.

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