4843 W Fm 2147 Highway, Horseshoe Bay TX 78657

Off Market

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Ed's Opinion of Value

$227,450 Ed's Estimate: $367,921 $869,827

Lowest Comp Recommended List: $252,000 to $262,000 Highest Comp

The market data from 7 similar recent sales in CASTLE ACRES points to a value of approximately $367,921. To sell within a reasonable timeframe at fair market value, the $252,000 to $262,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in CASTLE ACRES. The 1957 construction puts this home 29 years older than the comp average, a factor in the pricing. At 0.49 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78657 Market Trends

$590,500 Median Sold Price ▼ 23.9% 6mo

$274/sqft Median $/SqFt ▼ 17.1% 6mo

164 days Avg Days on Market 46 days slower

201 homes Active Inventory 13.9 mo supply

95.4% Sale-to-List Ratio

87 Sales (6 months)

Recently Sold Comparables

$227,450 adjusted 802 Magnolia LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,442 sqft • 1 mi Sold 17 days ago

$869,827 adjusted 502 East Ave, Marble Falls TX 78654 2bd / 2.0ba • 1,564 sqft • 4.4 mi Sold 9 months ago

$373,764 adjusted 200 Kings Way, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,835 sqft • 0.1 mi Sold 1 months ago

$343,092 adjusted 3006 Dew Drop, Horseshoe Bay TX 78657 3bd / 2.0ba • 1,651 sqft • 1.1 mi Sold 5 months ago

$288,070 adjusted 650 Birch LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,699 sqft • 0.7 mi Sold 7 months ago

Currently on Market

$355,000 1113 Hackberry DR, Marble Falls TX 78654 3bd / 2.0ba • 1,520 sqft • 2.7 mi 181 days on market

$264,900 728 Driftwood LN, Cottonwood Shores TX 78657 3bd / 2.0ba • 1,404 sqft • 1.1 mi 60 days on market

$269,000 1203 Hackberry DR, Marble Falls TX 78654 3bd / 2.0ba • 1,444 sqft • 2.6 mi 1 days on market

3 Beds

2 Baths 1 Full, 1 Half

1,584 Sq Ft

0.49 Acres

1957 Built

About This Property

Awesome water views of this one of a kind property. Highway access off FM 2147 gives the buyer a wide variety of uses. This property is in the ETJ of Cottonwood Shores. Also comes with a 1/25 UDI park reserve. The buyer may use as residential, commercial, multi-family etc. The buyer will verify title and deed restrictions to determine the use and zoning.. This property comes with water access of Lake LBJ. Water views and access, what more would you want? This home with a little of TLC will be perfect for your family and vacation rental..

Features

Ceiling Fan(s)
Laminate Counters
Electric Dryer Hookup
Open Floorplan
Primary Bedroom on Main
Washer Hookup
See Remarks

Location

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Schools

School District Marble Falls ISD

Elementary Marble Falls

Middle School Marble Falls

High School Marble Falls

Property Details

Property Type Residential

Flooring Carpet, Tile, Vinyl

Cooling Wall/Window Unit(s)

Heating Fireplace(s)

Exterior See Remarks

County Burnet

MLS # 8769026

Listing History

MLS# 8769026 113 days

Aug 31, 2021	Off Market
May 10, 2021	Listed		$465,000

Frequently Asked Questions About 4843 W Fm 2147 Highway, Horseshoe Bay TX 78657

When was 4843 W Fm 2147 Highway, Horseshoe Bay TX 78657 built?

4843 W Fm 2147 Highway, Horseshoe Bay TX 78657 was built in 1957.

How much does 4843 W Fm 2147 Highway, Horseshoe Bay TX 78657 cost?

4843 W Fm 2147 Highway, Horseshoe Bay TX 78657 is currently off market.

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