520 US Highway 290, Ledbetter TX 78946

Ledbetter, TX 78946 | Green Dewitt League A-165

Ed's Opinion of Value

$473,526 Ed's Estimate: $553,820 $605,123
Lowest Comp Recommended List: $543,000 to $565,000 Highest Comp

Listing History

$995,000 List Price
$535,437 Comp Value
1 Price Reductions

This property was listed at $995,000 and withdrawn after 237 days on market. The price was reduced from $999,950 to $995,000. This listing activity factors into the valuation.

Reviewing the most recent comparable transactions, this home's market value falls around $553,820. For a well positioned listing in 78946, I'd target the $543,000 to $565,000 range. In the current 78946 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The pool is a differentiator here, since 4 of 4 comparable sales didn't include one. The 2011 construction puts this home 7 years newer than the comp average, a factor in the pricing. The 4 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
4 Baths 2 Full, 2 Half
2,279 Sq Ft
9 Acres
2011 Built
2 Garage

About This Property

PPRICED BELOW APPRAISAL OF 1,100,000 ON 6/28/2024. Only 9 miles to Round Top, Red Top Ranch is halfway between Houston and Austin! This property is the best of both worlds being close enough to Hwy 290 for easy access, but far enough off the road for country peacefulness with gorgeous views of lake, woods & pasture! Amazing property w/main house & 2 huge outbuildings w/fully furnished guest quarters in each for family, friends, or vacation rentals. One has 373 SF of living space + a huge air-conditioned storage room w/office area & washer/dryer, and one has 368 SF of living space + huge storage areas w/loft & mancave area with table, tv and chairs! Income generating solar panels and generator included! Storage galore in all three buildings, huge master closet, carport w/half bath & addl storage, potting area, firepit w/slab, large parking area, gorgeous private pool w/waterfall, zip line, and 2 acre stocked lake for fishing, kayaking, paddle boating. The perfect place for your country home! Two separate furnished living quarters are fabulous for guests, family reunions, in-laws, and/or vacation income potential (current renters in place for the Round Top Antique shows!) Too many special features to list here, so see attached doc for more info. View all three living quarters at the Matterport link below -- just toggle between videos by clicking on the tags above the doors. Some farm eqpt & furniture is negotiable if not already sold. AG EXEMPT FOR LOW TAXES! See attached docs for building sketches, appraised value, special features and more!

Property Highlights

Pool Outdoor Pool

Features

  • Bar
  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Crown Molding
  • Double Vanity
  • Electric Dryer Hookup
  • In-Law Floorplan
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Recessed Lighting
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup
  • See Remarks

Location

Schools

School District Giddings ISD
Elementary Giddings
Middle School Giddings Int
High School Giddings

Property Details

Property Type Residential
Flooring Wood
Cooling Ceiling Fan(s), Central Air, Electric, Exhaust Fan, Varies by Unit
Heating Central, Electric, Exhaust Fan, Fireplace(s), Varies by Unit
Exterior See Remarks
County Fayette
MLS # 5734347

Parking

Garage 2 spaces

Tax Information

Annual Taxes $6,099 (2023)

Listing History

MLS# 5734347 237 days
Dec 29, 2024 Off Market
Sep 22, 2024 Price Change $995,000
May 4, 2024 Listed $1,099,000

Frequently Asked Questions About 520 US Highway 290, Ledbetter TX 78946

When was 520 US Highway 290, Ledbetter TX 78946 built?

520 US Highway 290, Ledbetter TX 78946 was built in 2011.

How much does 520 US Highway 290, Ledbetter TX 78946 cost?

520 US Highway 290, Ledbetter TX 78946 is currently off market.

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