505 S Ridge ST, Lampasas TX 76550

Off Market

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Ed's Opinion of Value

$100,898 Ed's Estimate: $172,310 $265,000

Lowest Comp Recommended List: $233,000 to $239,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $172,310. To generate strong buyer interest while maximizing value, I'd price this between $233,000 and $239,000. Among the similar homes currently available in 76550, this price point stands out as competitive. The 1957 construction puts this home 38 years older than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in 76550, listed between $229,900 and $270,000. The trend in 76550 shows prices have risen 10.6% in the past 6 months. 1005 Campbell ST, Lampasas TX 76550 nearby adjusts to $100,898; a strong comparable. 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

76550 Market Trends

$328,400 Median Sold Price ▲ 10.6% 6mo

$198/sqft Median $/SqFt ▲ 12.5% 6mo

146 days Avg Days on Market 39 days slower

46 homes Active Inventory 7.7 mo supply

96.8% Sale-to-List Ratio

36 Sales (6 months)

Recently Sold Comparables

$100,898 adjusted 1005 Campbell ST, Lampasas TX 76550 3bd / 1.0ba • 1,116 sqft • 0.5 mi Sold 1 months ago

$205,708 adjusted 1209 E Avenue F, Lampasas TX 76550 3bd / 2.0ba • 1,294 sqft • 1 mi Sold 18 days ago

$193,510 adjusted 44 Sue Ann DR, Lampasas TX 76550 3bd / 2.0ba • 1,148 sqft • 1.5 mi Sold 3 months ago

$223,392 adjusted 1712 E Avenue J, Lampasas TX 76550 3bd / 2.0ba • 1,250 sqft • 1.4 mi Sold 8 months ago

$176,960 adjusted 404 W Avenue B, Lampasas TX 76550 3bd / 1.0ba • 888 sqft • 0.2 mi Sold 11 months ago

Currently on Market

$265,000 22 Steele ST, Lampasas TX 76550 3bd / 2.0ba • 1,232 sqft • 0.7 mi 66 days on market

$253,900 1710 E Avenue J Ave, Lampasas TX 76550 3bd / 2.0ba • 1,252 sqft • 1.4 mi 1 days on market

$229,900 1120 Nix RD, Lampasas TX 76550 3bd / 1.0ba • 1,180 sqft • 0.6 mi 69 days on market

2 Beds

1 Baths 1 Full

1,203 Sq Ft

0.206 Acres

1957 Built

1 Garage

About This Property

WEST LAMPASAS GEM, TWO BEDROOMS ONE BATH, FORMAL LIVING ROOM WITH BUILT INS, GROVES OF MAJESTIC OAK TREES This stately home is in pristine condition and is located on a park-like shady lot, just a short distance from the golf course and downtown Lampasas. Classic elements of the past have been preserved, while the home has been given a near total update with modern conveniences. Home has new paint inside and out. There is no carpet. Flooring is tile and hardwood. The wood floors are refinished.

Features

Bookcases
Built-in Features
French Doors
Primary Bedroom on Main

Location

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Schools

School District Lampasas ISD

Elementary Hanna Springs

Middle School Lampasas

High School Lampasas

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior None

County Lampasas

MLS # 7611158

Garage 1 spaces

Tax Information

Annual Taxes (MLS) $1,795 (2018)

Listing History

MLS# 7611158 25 days

Jan 28, 2019	Off Market
Jan 13, 2019	Pending
Jan 4, 2019	Price Change	$145,000
Dec 19, 2018	Listed	$150,000

Frequently Asked Questions About 505 S Ridge ST, Lampasas TX 76550

When was 505 S Ridge ST, Lampasas TX 76550 built?

505 S Ridge ST, Lampasas TX 76550 was built in 1957.

How much does 505 S Ridge ST, Lampasas TX 76550 cost?

505 S Ridge ST, Lampasas TX 76550 sold on January 28, 2019. Contact us for sale price details.

Similar Properties

$150,000 4 Hollywood DR, Lampasas TX 76550 2 bd | 1 ba

$125,000 805 W Avenue C, Lampasas TX 76550 3 bd | 1 ba

$166,000 308 N Ridge ST, Lampasas TX 76550 3 bd | 1 ba

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