2901 Mormon Mill RD, Marble Falls TX 78654

Marble Falls, TX 78654 | Hi-ridge

Off Market

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Ed's Opinion of Value

$316,500 Ed's Estimate: $546,177 $1,825,000

Lowest Comp Recommended List: $535,000 to $557,000 Highest Comp

Listing History

$130,900 List Price

$563,480 Comp Value

1 Price Reductions

This property was listed at $130,900 and expired after 40 days on market. The price was reduced from $137,800 to $130,900. This listing activity factors into the valuation.

After reviewing 7 recent transactions in HI-RIDGE, I estimate this property's value at $546,177. A competitive list price for this home right now would fall in the $535,000 to $557,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in HI-RIDGE's current inventory. At 22 years older than typical comps, the 1979 build date influences the valuation. The larger lot (0.91 acres versus the area average of 0.42) contributes to the valuation. With 7 comparable sales in HI-RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78654 Market Trends

$349,990 Median Sold Price ▼ 19.5% 6mo

$190/sqft Median $/SqFt ▼ 12.7% 6mo

119 days Avg Days on Market 3 days faster

197 homes Active Inventory 11.2 mo supply

96.3% Sale-to-List Ratio

106 Sales (6 months)

Recently Sold Comparables

$466,410 adjusted 2701 Park View DR, Marble Falls TX 78654 3bd / 3.0ba • 2,310 sqft • 0.3 mi Sold 7 months ago

$489,690 adjusted 907 Sherman DR, Marble Falls TX 78654 3bd / 2.0ba • 2,129 sqft • 0.9 mi Sold 12 days ago

$469,322 adjusted 210 Meadowlakes DR, Meadowlakes TX 78654 3bd / 2.0ba • 1,916 sqft • 3 mi Sold 1 months ago

$360,940 adjusted 145 Turkey RUN, Meadowlakes TX 78654 3bd / 2.0ba • 2,090 sqft • 3.2 mi Sold 7 months ago

$453,125 adjusted 3105 Morgan CIR, Marble Falls TX 78654 4bd / 3.0ba • 1,953 sqft • 0.2 mi Sold 6 months ago

Currently on Market

$316,500 1702 Sunset DR, Marble Falls TX 78654 3bd / 3.0ba • 1,933 sqft • 1.3 mi 83 days on market

$1,825,000 1204 Los Escondidos ST, Marble Falls TX 78654 3bd / 2.0ba • 1,841 sqft • 2.2 mi 1 days on market

$330,000 1304 Sunset DR, Marble Falls TX 78654 3bd / 2.0ba • 2,244 sqft • 1.5 mi 1 days on market

3 Beds

3 Baths 3 Full

2,070 Sq Ft

0.91 Acres

1979 Built

2 Garage

About This Property

FEMA - Unknown Restrictions: Yes

Features

Beamed Ceilings
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Marble Falls ISD

Elementary Marble Falls

Middle School Marble Falls

High School Marble Falls

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Electric

Exterior None

County Burnet

MLS # 2199844

Garage 2 spaces

HOA & Community

Listing History

MLS# 8587057 30 days (69 CDOM)

Feb 28, 2008	Off Market
Feb 7, 2008	Pending
Jan 8, 2008	Listed	$124,000

MLS# 2199844 40 days

Jan 7, 2008	Off Market
Dec 7, 2007	Price Change	$130,900
Nov 28, 2007	Listed	$137,800

Frequently Asked Questions About 2901 Mormon Mill RD, Marble Falls TX 78654

When was 2901 Mormon Mill RD, Marble Falls TX 78654 built?

2901 Mormon Mill RD, Marble Falls TX 78654 was built in 1979.

How much does 2901 Mormon Mill RD, Marble Falls TX 78654 cost?

2901 Mormon Mill RD, Marble Falls TX 78654 is currently off market.

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