508 Pecan Creek DR, Horseshoe Bay TX 78657

Horseshoe Bay, TX 78657 | Oak Ridge Estates

Ed's Opinion of Value

$329,799 Ed's Estimate: $481,297 $828,900
Lowest Comp Recommended List: $472,000 to $491,000 Highest Comp

Listing History

$645,000 List Price
$474,476 Comp Value
1 Price Reductions

This property was listed at $645,000 and withdrawn after 243 days on market. The price was reduced from $650,000 to $645,000. This listing activity factors into the valuation.

My analysis of 6 comparable properties puts this home's estimated value at $481,297. Based on how the local market is moving, a list price between $472,000 and $491,000 would position this home well. Relative to what's currently available in OAK RIDGE ESTATES, this home would be the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (198 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.38 acres versus the area average of 0.32) contributes to the valuation. With 6 comparable sales in OAK RIDGE ESTATES, 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
3 Beds
2 Baths 2 Full
2,112 Sq Ft
0.38 Acres
1987 Built
2 Garage

About This Property

Beautiful home in Oak Ridge Estates on lake LBJ that pays for itself! Turn key, ready to go, great investment - furniture, kitchen supplies, stainless appliances, linens etc. can all stay. The 3 bedroom/2 bathroom open floor plan with several decks is great for relaxing and enjoying the lake view. Includes a hydraulic boat lift! Rents between $375-$475 per night for about $60K in 2015 + owner nights.FEMA - Unknown Sprinkler Sys:Yes

Features

  • Breakfast Bar
  • Vaulted Ceiling(s)
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Llano ISD
Elementary Packsaddle
Middle School Llano
High School Llano

Property Details

Property Type Residential
Flooring Laminate, Tile
Cooling Central Air
Heating Electric
Exterior Boat Lift, Boat Ramp, Dock, Exterior Steps, Private Dock
County Llano
MLS # 2262451
Garage 2 spaces

HOA & Community

HOA Fee $40 /Annually
HOA Includes See Remarks

Listing History

MLS# 2262451 243 days
Dec 19, 2016 Off Market
Aug 25, 2016 Price Change $645,000
Apr 20, 2016 Listed $650,000

Frequently Asked Questions About 508 Pecan Creek DR, Horseshoe Bay TX 78657

When was 508 Pecan Creek DR, Horseshoe Bay TX 78657 built?

508 Pecan Creek DR, Horseshoe Bay TX 78657 was built in 1987.

How much does 508 Pecan Creek DR, Horseshoe Bay TX 78657 cost?

508 Pecan Creek DR, Horseshoe Bay TX 78657 is currently off market.

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