501 Lake ST, Kingsland TX 78639

Kingsland, TX 78639 | A & D Acres

Ed's Opinion of Value

$580,800 Ed's Estimate: $2,386,735 $5,115,094
Lowest Comp Recommended List: $2,966,000 to $3,521,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,386,735. To generate strong buyer interest while maximizing value, I'd price this between $2,966,000 and $3,521,000. In the current A & D ACRES market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The 1,918 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. Buyers in A & D ACRES have 5 comparable options right now, with asking prices between $2,349,000 and $3,875,000. The trend in 78639 shows prices have risen 108.7% in the past 6 months. 1940 Bluebonnet LN, Kingsland TX 78639 nearby adjusts to $2,965,574; with a smaller floor plan. 7 comparable transactions in A & D ACRES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
6 Beds
7 Baths 6 Full, 1 Half
4,750 Sq Ft
0.48 Acres
2019 Built
2 Garage

About This Property

Welcome to the SHOW STOPPING 501 Lake St on Lake LBJ!! This property is just under a half acre with 85 ft of open waterfront! In the main house you have 5 bedrooms one being a bunk room and 5.5 baths and an elevator for ease of getting from the bottom to the main level, the guest house over the garage you have full kitchen, living and full bathroom and bedroom! Throughout the home you have stunning custom finishes and water views! The main attraction is all the outdoor living space, there are several sitting areas, fire pits, heated pool, outdoor kitchen gazebo area, several gaming areas, protected swimming area and a great boat dock with 2 boat slips, 2 jet ski lifts! This is an established short term rental on the lake averaging $333,000/per year over the last 3 years!!!!

Property Highlights

Pool Gunite, Heated, In Ground, Outdoor Pool

Features

  • 2 Primary Suites
  • High Ceilings
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • 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
Cooling Central Air
Heating Central
Exterior Balcony, Boat Dock - Private, Boat Lift, Lighting, Private Yard
County Llano
MLS # 1370472
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $33,097 (2023)

Listing History

MLS# 1370472 102 days (99 CDOM)
Oct 15, 2024 Off Market
Jun 20, 2024 Listed $4,125,000

Frequently Asked Questions About 501 Lake ST, Kingsland TX 78639

When was 501 Lake ST, Kingsland TX 78639 built?

501 Lake ST, Kingsland TX 78639 was built in 2019.

How much does 501 Lake ST, Kingsland TX 78639 cost?

501 Lake ST, Kingsland TX 78639 sold on October 15, 2024. Contact us for sale price details.

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