507 W North Ave, Lampasas TX 76550

Off Market

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Ed's Opinion of Value

$114,000 Ed's Estimate: $231,011 $450,000

Lowest Comp Recommended List: $331,000 to $353,000 Highest Comp

The market data from 7 similar recent sales in 76550 points to a value of approximately $231,011. To sell within a reasonable timeframe at fair market value, the $331,000 to $353,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in 76550. Being 962 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1950 construction puts this home 14 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in 76550; a buyer's market based on recent absorption. In 76550, home values have risen approximately 4.3% over the past 6 months. One of the strongest data points is 1301 Taylor St, Lampasas TX 76550, adjusting to $352,512; with a smaller floor plan. 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 ▲ 4.3% 6mo

$195/sqft Median $/SqFt ▲ 8.1% 6mo

130 days Avg Days on Market 20 days slower

40 homes Active Inventory 6.7 mo supply

96.4% Sale-to-List Ratio

36 Sales (6 months)

Recently Sold Comparables

$352,512 adjusted 1301 Taylor St, Lampasas TX 76550 3bd / 2.0ba • 1,756 sqft • 1.2 mi Sold 1 months ago

$287,991 adjusted 7 Westridge PL, Lampasas TX 76550 3bd / 2.0ba • 1,432 sqft • 0.6 mi Sold 29 days ago

$114,000 adjusted 1005 Campbell ST, Lampasas TX 76550 3bd / 1.0ba • 1,116 sqft • 0.8 mi Sold 24 days ago

$193,600 adjusted 404 W Avenue B, Lampasas TX 76550 3bd / 1.0ba • 888 sqft • 0.1 mi Sold 10 months ago

$241,995 adjusted 44 Sue Ann DR, Lampasas TX 76550 3bd / 2.0ba • 1,148 sqft • 1.3 mi Sold 3 months ago

Currently on Market

$349,999 502 W Avenue A, Lampasas TX 76550 3bd / 2.0ba • 2,341 sqft • 0 mi 1 days on market

$349,000 801 1/2 E Avenue C, Lampasas TX 76550 4bd / 3.0ba • 2,190 sqft • 0.8 mi 456 days on market

$450,000 329 Sunrise Hills, Lampasas TX 76550 3bd / 2.0ba • 2,374 sqft • 3 mi 154 days on market

2 Beds

2 Baths 2 Full

2,200 Sq Ft

0.567 Acres

1950 Built

About This Property

Timeless elegance and charm describe the style of this extremely well-maintained beauty located on a corner. This home features an open floor plan and many unique features. There is original maple wood flooring in the living, dining and guest bedroom. The kitchen is a dream! There is a large pantry . Tucked away in the corner is a charming coffee/bar or could be a kitchen work space, Included is updated electric range, dishwasher, extra oven and side by side refrigerator. The breakfast area is just off of the kitchen. Laundry area features a newer washer and dryer that convey. The warm, inviting den has an entire wall of built-in shelving, cabinets and room for the TV. Floors are engineered wood. The master bedroom is oversized with great closet space. Just off of the den is a covered deck overlooking the massive fenced yard. Just past the yard is an extra lot for that RV, boat or pool, There is an oversized carport with two built in storage areas. This home is a must see. Too many amenities to mention.

Features

2 Primary Baths
Breakfast Bar
Built-in Features
Cedar Closet(s)
Ceiling Fan(s)
Crown Molding
Double Vanity
Dry Bar
Electric Dryer Hookup
Eat-in Kitchen
High Speed Internet
In-Law Floorplan
Multiple Dining Areas
Multiple Living Areas
No Interior Steps
Primary Bedroom on Main
Storage

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 Vinyl, Wood

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Natural Gas

Exterior Exterior Steps, Gutters Partial, Outdoor Grill, Satellite Dish Owned

County Lampasas

MLS # 3154481

Listing History

MLS# 3154481 116 days

Sep 27, 2022	Off Market
Aug 30, 2022	Price Change	$325,000
May 16, 2022	Listed	$445,000

Frequently Asked Questions About 507 W North Ave, Lampasas TX 76550

When was 507 W North Ave, Lampasas TX 76550 built?

507 W North Ave, Lampasas TX 76550 was built in 1950.

How much does 507 W North Ave, Lampasas TX 76550 cost?

507 W North Ave, Lampasas TX 76550 sold on September 27, 2022. Contact us for sale price details.

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