114 Riverbend LN, Kingsland TX 78639

Kingsland, TX 78639 | River Bend

Ed's Opinion of Value

$325,000 Ed's Estimate: $1,038,817 $1,975,000
Lowest Comp Recommended List: $302,000 to $312,000 Highest Comp
Based on 7 closed sales in RIVER BEND, the data points to a value around $1,038,817 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $302,000 to $312,000. Buyers shopping in RIVER BEND right now would see this as a well positioned option among 7 comparable homes. Being built in 1985 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.20 acres versus 0.31 for the typical comp. There are currently 7 similar homes on the market in RIVER BEND, ranging from $325,000 to $1,975,000. Market data shows RIVER BEND prices risen 32.7% over the last half year. The closest comparable sale, 1809 Aztec TRL, Kingsland TX 78639 at an adjusted $1,337,222, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RIVER BEND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
2,194 Sq Ft
0.197 Acres
1985 Built

About This Property

THIS IS WHERE MEMORIES ARE MADE! Welcome to 114 Riverbend Lane, a newly renovated lake house on Lake LBJ. Have the option to let other people pay for your lakehouse investment with this successful turn-key short term rental property. Gross rental income in 2023 was $88,000. This home offers single level living with a great open floor plan and large windows that capture the stunning open water lake view from the livingroom, kitchen, sitting area. Very convenient to grocery stores, shopping, and lake side entertainment at Wakepoint and Boat Town. Gather with your friends and family in the large open kitchen. There is plenty of room to entertain all your guests both inside and out with multiple gathering areas on the covered patio, in the cozy living room with a fireplace or right down next to the water. For a secondary living area, the garage has been converted into a game room with a cool speakeasy vibe where you can spend time playing PacMan or pool or just watching your favorite sports team. In the beautiful east facing backyard you can enjoy the hot tub, a shaded yard and a large boat dock with lifts for your boat and jet skis as well as a second story sun deck up top! Option to purchase furnished. Ready for you to enjoy as your personal family lake home or as a popular short-term rental to let someone else pay for your waterfront investment!

Features

  • Breakfast Bar
  • Granite Counters
  • No Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

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

Property Details

Property Type Residential
Flooring Tile, Vinyl
Cooling Central Air
Heating Central
Exterior Boat Dock - Shared, Boat Lift, Boat Slip, No Exterior Steps, Private Yard
County Llano
MLS # 5632335

Listing History

MLS# 5632335 13 days (11 CDOM)
Jul 25, 2024 Off Market
Jun 7, 2024 Listed $1,495,000

Frequently Asked Questions About 114 Riverbend LN, Kingsland TX 78639

When was 114 Riverbend LN, Kingsland TX 78639 built?

114 Riverbend LN, Kingsland TX 78639 was built in 1985.

How much does 114 Riverbend LN, Kingsland TX 78639 cost?

114 Riverbend LN, Kingsland TX 78639 sold on July 25, 2024. Contact us for sale price details.

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