Ed's Opinion of Value

$256,650 Ed's Estimate: $443,178 $774,999
Lowest Comp Recommended List: $269,000 to $279,000 Highest Comp
The market data from 5 similar recent sales in A200 MORRISON, WILLIAM, ACRES .044, & A305 W WE points to a value of approximately $443,178. To sell within a reasonable timeframe at fair market value, the $269,000 to $279,000 range is where I'd position this. Against 3 similar active listings in A200 MORRISON, WILLIAM, ACRES .044, & A305 W WE, this price point lands at the most expensive of 3 comparable homes on the market. This home's smaller footprint (316 sqft vs the comp average) plays a role in how the market prices it. The 1900 construction puts this home 110 years older than the comp average, a factor in the pricing. 5 comparable transactions in A200 MORRISON, WILLIAM, ACRES .044, & A305 W WE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,583 Sq Ft
60 Acres
1900 Built
3 Garage

About This Property

Rare opportunity to purchase a 1900's Farmhouse on 60+/- ACRES with spectacular views that is close to the Big City. The home is 1583 Square Feet and was updated in the 2000's. This property is perfect for a Gentleman's Ranch or Horse Farm. The property is ready for a small cattle operation. This 60 Acres has 3 ponds, windmill, 2 large barns, and 2 hay fields. One the ponds is full of fish. Also wildlife includes whitetail deer, turkeys, and other wildlife. The flooring is original hardwood flooring along with tile in the wet areas. The farmhouse is rented out for $1800 and is month to month. Easy access to 130 and Hwy 21! Yes there is more! MLS #7965902. You can also purchase an additional adjoined 80 +/- Acres with Custom home that is 3500 Square Feet. This 80 Acres has large pond with fish, hay field, and of course, more wildlife. The sellers are in the process of subdividing the 140 acres into 2 parcels. 1st Parcel has the 80 +/- Acres with Custom Home. 2nd Parcel 60+/- Acres with Farmhouse.

Features

  • Ceiling Fan(s)
  • Laminate Counters
  • Electric Dryer Hookup
  • Washer Hookup

Location

Schools

School District Lockhart ISD
Middle School Other
High School Lockhart

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air, Electric
Heating Central, Electric
Exterior Private Entrance
County Caldwell
MLS # 9975557
Garage 3 spaces

Listing History

MLS# 9975557 30 days
May 6, 2022 Off Market
Apr 6, 2022 Listed $1,800,000

Frequently Asked Questions About 440 Placid LN, Lockhart TX 78644

When was 440 Placid LN, Lockhart TX 78644 built?

440 Placid LN, Lockhart TX 78644 was built in 1900.

How much does 440 Placid LN, Lockhart TX 78644 cost?

440 Placid LN, Lockhart TX 78644 is currently off market.

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