Ed's Opinion of Value

$555,368 Ed's Estimate: $1,267,596 $2,255,249
Lowest Comp Recommended List: $974,000 to $984,000 Highest Comp
Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,267,596. If we were to list this property today, I'd recommend a list price in the $974,000 to $984,000 range. This would position the home competitively among 4 active listings in HORSESHOE BAY NORTH. Being built in 2019 (11 years newer than comps) is factored into the value estimate. Lot size matters here: 0.03 acres versus 0.21 for the typical comp. Right now, 4 similar properties are competing for buyers in HORSESHOE BAY NORTH, listed between $1,000,000 and $2,775,000. The 6 month price trend in 78657: fallen 16.2%. The best comp here is 625 Horseshoe Bay BLVD, Horseshoe Bay TX 78657 at an adjusted value of $1,503,848, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
4 Beds
5 Baths
2,917 Sq Ft
0.03 Acres
2019 Built

About This Property

Lake LBJ Waterfront Lot – in the heart of Horseshoe Bay, with over 40 feet of channel waterfront and only moments away from open water. The lot includes a retaining wall, concreate pad, and boat slip. Envision your custom home built upon this prime location, in an upscale area known for its lakes, wineries, and recreational opportunities. This lot is just minutes away from dining, shopping, and all of Horseshoe Bay Resort's major amenities, should you choose to join. Lot 3076 is also available to buy.FEMA - Unknown Restrictions: Yes

Location

Schools

School District Marble Falls ISD
Elementary Marble Falls
Middle School Marble Falls
High School Marble Falls

Property Details

Property Type Residential
Heating None
Exterior Boat Slip, Lake
County Burnet
MLS # 4262790

Listing History

MLS# 4262790 244 days
Jul 17, 2020 Off Market
Oct 5, 2019 Listed $1,175,000
Jun 26, 2017 Price Change $949,000

Frequently Asked Questions About 407 Lucy LN, Horseshoe Bay TX 78657

When was 407 Lucy LN, Horseshoe Bay TX 78657 built?

407 Lucy LN, Horseshoe Bay TX 78657 was built in 2019.

How much does 407 Lucy LN, Horseshoe Bay TX 78657 cost?

407 Lucy LN, Horseshoe Bay TX 78657 sold on July 17, 2020. Contact us for sale price details.

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