16425 Red Wagon LN, Leander TX 78641

Leander, TX 78641 | Red Wagon Ranchettes

Ed's Opinion of Value

$342,119 Ed's Estimate: $434,198 $1,250,000
Lowest Comp Recommended List: $516,000 to $569,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $434,198. For a well positioned listing in RED WAGON RANCHETTES, I'd target the $516,000 to $569,000 range. With 7 comparable homes on the market in RED WAGON RANCHETTES, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1965 construction puts this home 27 years older than the comp average, a factor in the pricing. At 2.00 acres, the lot is larger than the 0.75 acre comp average, which factors into pricing. With 7 similar homes currently listed in RED WAGON RANCHETTES (a buyer's market), competition is a factor to consider. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 2520 Milan Meadows DR, Leander TX 78641, with an adjusted value of $442,037; 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
3 Beds
1 Baths 1 Full
2,123 Sq Ft
2 Acres
1965 Built

About This Property

Breathtakingly gorgeous Hill Country land backing to a creek and thousands of acres of nature preserve! Want to feel like you live in secluded country (with 2 acres!) while only being 20 min from the new Apple campus and 10-15 min from major shopping? This property comes with a fully functional, personal orchard with eleven beautiful 40foot+ Pecan trees, as well as Peach, Plum, Apple and Pear trees - all leading to a breathtaking stream! The stunning stream in the back of the property comes from a natural spring that leads to a waterfall and blue hole perfect for swimming, fishing or relaxing on a neighboring property with an access easement. The 54 acres directly behind 16425 Red Wagon is owned by Travis Audubon Society, so your amazing view will be untouched for the foreseeable future! Since this property is in the ETJ, with practically no zoning restrictions, you can really make this space your own! The shared well on the property will keep your water utilities cheap - at approx $17 per month! Come make this land your home! NOTE: While half of the property does lie in a flood plain due to the creek, the other half is fully out of it and does not require flood insurance according to a FEMA Flood Hazard Determination form from May 2021. (PLEASE NOTE: The watering hole is not on the lot of 16425 Red Wagon. It is a short walk along the creek from 16425. Seller has used this watering hole since the 60s and believes there to be an Easement by Prescription in addition to an access easement to the watering hole. Please verify using Red Wagon Ranchettes plat, easements, etc attached to the listing. Owner of the land with the watering hole disputes easement, but allows access with a swim-at-your-own-risk posted sign.)

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • High Ceilings
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • French Doors
  • Interior Steps
  • Open Floorplan
  • Pantry
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Leander ISD
Elementary CC Mason
Middle School Running Brushy
High School Cedar Park

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Wall/Window Unit(s)
Heating Electric
Exterior Balcony, Exterior Steps
County Travis
MLS # 9944799

Tax Information

Annual Taxes $1,906 (2021)

Listing History

MLS# 9944799 18 days
Apr 12, 2022 Off Market
Nov 15, 2021 Price Change $550,000
Nov 10, 2021 Listed $575,000

Frequently Asked Questions About 16425 Red Wagon LN, Leander TX 78641

When was 16425 Red Wagon LN, Leander TX 78641 built?

16425 Red Wagon LN, Leander TX 78641 was built in 1965.

How much does 16425 Red Wagon LN, Leander TX 78641 cost?

16425 Red Wagon LN, Leander TX 78641 sold on April 12, 2022. Contact us for sale price details.

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