408 W 2nd ST, Lampasas TX 76550

Lampasas, TX 76550 | L S

Ed's Opinion of Value

$182,015 Ed's Estimate: $207,430 $339,000
Lowest Comp Recommended List: $285,000 to $290,000 Highest Comp
The market data from 7 similar recent sales in 76550 points to a value of approximately $207,430. To sell within a reasonable timeframe at fair market value, the $285,000 to $290,000 range is where I'd position this. At this price, the property would be the most affordable of 6 comparable homes on the market comparable homes currently on the market in 76550. The 1929 construction puts this home 47 years older than the comp average, a factor in the pricing. At 0.21 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in 76550, listed between $215,000 and $398,000. In 76550, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 1047 Fieldstone DR, Lampasas TX 76550, adjusting to $277,355; a strong comparable. 7 comparable transactions in 76550 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
3 Beds
2 Baths 2 Full
1,552 Sq Ft
0.206 Acres
1929 Built

About This Property

Charming 1920’s Texas home with upgraded electrical and plumbing throughout. Exterior of home has been over laid with beautiful petrified wood and rock. You will be hard pressed to see another like it. Older quiet neighborhood. Property has numerous mature trees such pecans and Oaks. Original wooden flooring. Master bedroom walls fitted with knotty pine coverings. Wood burning fireplace with stone mantel. Fenced back yard.Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

School District Lampasas ISD
Elementary Kline Whitis
Middle School Lampasas
High School Lampasas

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central
Exterior None
County Lampasas
MLS # 4867989

Listing History

MLS# 4867989 19 days
Jul 26, 2016 Off Market
Jul 12, 2016 Pending
Jun 23, 2016 Listed $115,000

Frequently Asked Questions About 408 W 2nd ST, Lampasas TX 76550

When was 408 W 2nd ST, Lampasas TX 76550 built?

408 W 2nd ST, Lampasas TX 76550 was built in 1929.

How much does 408 W 2nd ST, Lampasas TX 76550 cost?

408 W 2nd ST, Lampasas TX 76550 sold on July 26, 2016. Contact us for sale price details.

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