410 Old River RD, Marble Falls TX 78654

Off Market

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Ed's Opinion of Value

$274,565 Ed's Estimate: $526,370 $2,995,000

Lowest Comp Recommended List: $1,390,000 to $1,391,000 Highest Comp

After reviewing 7 recent transactions in FULLVIEW, I estimate this property's value at $526,370. A competitive list price for this home right now would fall in the $1,390,000 to $1,391,000 range. Relative to what's currently available in FULLVIEW, this home would be the most affordable of 4 comparable homes on the market. The 3,395 sqft size difference versus comparable sales is reflected in the adjusted values. At 6 years older than typical comps, the 1975 build date influences the valuation. There are currently 4 similar homes on the market in FULLVIEW, ranging from $1,675,000 to $4,490,000. Prices in 78654 have fallen 25.2% over the last 6 months. A similar home at 1412 Ocotilla DR, Marble Falls TX 78654 carries an adjusted comparable value of $274,565, providing a strong data point. With 7 comparable sales in FULLVIEW, 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 ▼ 25.2% 6mo

$183/sqft Median $/SqFt ▼ 16.8% 6mo

129 days Avg Days on Market 11 days slower

198 homes Active Inventory 10.2 mo supply

96.8% Sale-to-List Ratio

117 Sales (6 months)

Recently Sold Comparables

$274,565 adjusted 1412 Ocotilla DR, Marble Falls TX 78654 3bd / 2.0ba • 2,433 sqft • 1.7 mi Sold 4 months ago

$470,445 adjusted 210 Meadowlakes DR, Meadowlakes TX 78654 3bd / 2.0ba • 1,916 sqft • 0.8 mi Sold 22 days ago

$346,035 adjusted 26 Fairway LN, Meadowlakes TX 78654 3bd / 2.0ba • 1,634 sqft • 0.7 mi Sold 3 days ago

$325,685 adjusted 1122 Northwood DR, Marble Falls TX 78654 3bd / 2.0ba • 1,219 sqft • 1.4 mi Sold 7 months ago

$394,697 adjusted 2415 W Fm 2147 W, Horseshoe Bay TX 78657 3bd / 2.0ba • 1,456 sqft • 1.8 mi Sold 4 months ago

Currently on Market

$1,675,000 313 Meadowlakes DR, Meadowlakes TX 78654 3bd / 6.0ba • 5,059 sqft • 1.3 mi 137 days on market

$1,750,000 301 Circle DR, Horseshoe Bay TX 78657 3bd / 6.0ba • 5,022 sqft • 1.4 mi 21 days on market

$2,995,000 3401 Mormon Mill RD, Marble Falls TX 78654 4bd / 4.0ba • 5,803 sqft • 2.8 mi 98 days on market

3 Beds

2 Baths 2 Full

5,102 Sq Ft

2.62 Acres

1975 Built

About This Property

One of a kind property on Lake Marble Falls, directly across from Lakeside Pavilion. This is a prime spot for watching the boat races or if you have a

commercial vision, this property would be perfect for an event center or lakeside restaurant. The quonset hut is very spacious (3600 sq ft) and could be

turned into something unique. It was originally a machine shop. The cottage style house, surrounded by lush, green trees has great views of the water.

Very easy access from Hwy 281 or CR2147.

Features

Vaulted Ceiling(s)
Primary Bedroom on Main

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

Cooling Central Air

Heating Central

Exterior Dock

County Burnet

MLS # 5785351

Listing History

MLS# 5785351 170 days

Aug 29, 2017	Off Market
Jun 28, 2017	Pending
Jan 9, 2017	Listed	$1,500,000

Frequently Asked Questions About 410 Old River RD, Marble Falls TX 78654

When was 410 Old River RD, Marble Falls TX 78654 built?

410 Old River RD, Marble Falls TX 78654 was built in 1975.

How much does 410 Old River RD, Marble Falls TX 78654 cost?

410 Old River RD, Marble Falls TX 78654 sold on August 29, 2017. Contact us for sale price details.

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