28907 Platinum LN, Marble Falls TX 78654

Marble Falls, TX 78654 | Old Estates

Ed's Opinion of Value

$551,392 Ed's Estimate: $902,396 $1,458,183
Lowest Comp Recommended List: $876,000 to $927,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $902,396. To generate strong buyer interest while maximizing value, I'd price this between $876,000 and $927,000. With 2 comparable homes on the market in OLD ESTATES, this price positions the property as the most expensive of 2 comparable homes on the market. This home's smaller footprint (258 sqft vs the comp average) plays a role in how the market prices it. At 5.02 acres, the lot is smaller than the 6.20 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in OLD ESTATES, listed between $895,000 and $899,000. The trend in 78654 shows prices have risen 10.1% in the past 6 months. 493 Chimney Cove DR, Marble Falls TX 78654 nearby adjusts to $926,953; with a smaller floor plan. 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
4 Beds
3 Baths 3 Full
2,704 Sq Ft
5.02 Acres
2007 Built

About This Property

Investor special. Priced to sell, just over 5 acres per tax records. Property had a 2007 mobile home and a 1974 site built home. Both need lots of work but could be renovated. No water currently, new owner would need to drill a new well. Previous well was being shared with neighbor, which is no longer an option. Great views! County Park and lake Travis access within about 1.5 miles from property.

Location

Schools

School District Marble Falls ISD
Elementary Colt
Middle School Marble Falls
High School Marble Falls

Property Details

Property Type Residential
County Travis
MLS # 1591332

Tax Information

Annual Taxes (MLS) $955 (2020)

Listing History

MLS# 1591332 8 days
May 5, 2021 Off Market
Mar 4, 2021 Listed $199,900

Frequently Asked Questions About 28907 Platinum LN, Marble Falls TX 78654

When was 28907 Platinum LN, Marble Falls TX 78654 built?

28907 Platinum LN, Marble Falls TX 78654 was built in 2007.

How much does 28907 Platinum LN, Marble Falls TX 78654 cost?

28907 Platinum LN, Marble Falls TX 78654 sold on May 5, 2021. Contact us for sale price details.

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