303 Riverside DR, Llano TX 78643

Llano, TX 78643 | Rio Llano

Off Market

Exterior view of 303 Riverside DR, Llano TX 78643

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Ed's Opinion of Value

$341,899 Ed's Estimate: $399,994 $624,000

Lowest Comp Recommended List: $392,000 to $408,000 Highest Comp

Listing History

$89,000 List Price

$412,952 Comp Value

1 Price Reductions

This property was listed at $89,000 and withdrawn after 140 days on market. The price was reduced from $99,900 to $89,000. This listing activity factors into the valuation.

The market data from 3 similar recent sales in RIO LLANO points to a value of approximately $399,994. To sell within a reasonable timeframe at fair market value, the $392,000 to $408,000 range is where I'd position this. In the current RIO LLANO market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 1,098 sqft larger than the average comparable sale in this area impacts the per square foot value. At 4.10 acres, the lot is larger than the 3.76 acre comp average, which factors into pricing. The 3 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

78643 Market Trends

$279,500 Median Sold Price ▼ 30.2% 6mo

$200/sqft Median $/SqFt ▼ 35.6% 6mo

74 days Avg Days on Market 12 days faster

41 homes Active Inventory 20.5 mo supply

86.2% Sale-to-List Ratio

12 Sales (6 months)

Recently Sold Comparables

$457,026 adjusted 127 offer, Llano TX 78643 2bd / 2.0ba • 1,075 sqft • 0.5 mi Sold 8 days ago

$414,160 adjusted 1209 Wright ST, Llano TX 78643 4bd / 3.0ba • 2,078 sqft • 4.5 mi Sold 6 months ago

$341,899 adjusted 609 W Leon ST, Llano TX 78643 2bd / 2.0ba • 2,368 sqft • 4.4 mi Sold 2 months ago

Currently on Market

$624,000 132 Offer LN, Llano TX 78643 2bd / 3.0ba • 2,534 sqft • 0.7 mi 1 days on market

4 Beds

3 Baths

2,938 Sq Ft

4.1 Acres

1992 Built

About This Property

One of a kind 4.1 acres sitting on an 80' bluff with breathtaking, natural beauty views and 200' of riverfront!

Location

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Schools

School District Llano ISD

Elementary Llano

Middle School Llano

High School Llano

Property Details

Property Type Land

Heating None

Exterior See Remarks

County Llano

MLS # 7813186

Tax Information

Annual Taxes (MLS) $10 (2012)

Listing History

MLS# 7813186 140 days

Sep 30, 2015	Off Market
Sep 23, 2015	Price Change	$89,000
May 13, 2015	Listed	$125,000

MLS# 4508273 140 days

Sep 30, 2015	Off Market
May 13, 2015	Listed		$649,000

MLS# 2200499 141 days

Sep 30, 2015	Off Market
May 12, 2015	Listed		$749,000

Frequently Asked Questions About 303 Riverside DR, Llano TX 78643

When was 303 Riverside DR, Llano TX 78643 built?

303 Riverside DR, Llano TX 78643 was built in 1992.

How much does 303 Riverside DR, Llano TX 78643 cost?

303 Riverside DR, Llano TX 78643 is currently off market.

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