464 Cedar Mountain DR, Marble Falls TX 78654

Off Market

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Ed's Opinion of Value

$628,570 Ed's Estimate: $738,711 $855,624

Lowest Comp Recommended List: $767,000 to $812,000 Highest Comp

After reviewing 7 recent transactions in SUMMIT SPRINGS, I estimate this property's value at $738,711. A competitive list price for this home right now would fall in the $767,000 to $812,000 range. Buyers shopping in SUMMIT SPRINGS right now would see this as a well positioned option among 0 comparable homes. Being 2,972 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (2.00 acres versus the area average of 2.56) contributes to the valuation. Prices in 78654 have fallen 19.5% over the last 6 months. A similar home at 105 Clear Springs CT, Marble Falls TX 78654 carries an adjusted comparable value of $766,733, providing a strong data point. With 7 comparable sales in SUMMIT SPRINGS, 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

123 days Avg Days on Market 5 days slower

194 homes Active Inventory 10.8 mo supply

96.3% Sale-to-List Ratio

108 Sales (6 months)

Recently Sold Comparables

$766,733 adjusted 105 Clear Springs CT, Marble Falls TX 78654 4bd / 4.0ba • 3,697 sqft • 0.6 mi Sold 2 months ago

$628,570 adjusted 105 Creekside TRL, Spicewood TX 78669 3bd / 3.0ba • 3,047 sqft • 2.9 mi Sold 3 months ago

$812,175 adjusted 705 Spicewood Trails DR, Spicewood TX 78669 4bd / 4.0ba • 3,641 sqft • 3.4 mi Sold 1 days ago

$701,100 adjusted 204 Love Creek CT, Spicewood TX 78669 4bd / 3.0ba • 3,289 sqft • 3.6 mi Sold 2 months ago

$855,624 adjusted 104 Double Horn TRL, Spicewood TX 78669 4bd / 3.0ba • 3,794 sqft • 2.6 mi Sold 8 months ago

0 Beds

0 Baths 1 Full

306 Sq Ft

2 Acres

2017 Built

3 Garage

About This Property

You always hear people say when they are looking for a lot, "I would like to build a detached garage or Barndominium to live in while building". This 2 acre lot already has a 3 car garage (714 sf) & 306 sf living space and paved driveway. All set for you to build your dream home and live in for short times. Very level area next to garage to build home. Septic designed for a 4 bedroom 3,500 SF home. All the major build costs done. Site ready to build on fast. Amazing unobstructed Hill Country views. CCRS Restrictions: Yes . OWNER FINANCING offered to qualified buyers with 20% Down-Rate 6.2% for a 20 year term. No including Property Taxes, Insurance and POA dues.

Features

Primary Bedroom on Main

Location

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Schools

School District Marble Falls ISD

Elementary Spicewood (Marble Falls ISD)

Middle School Marble Falls

High School Marble Falls

Property Details

Property Type Land

Flooring Concrete, Tile

Cooling Central Air, Other

Heating Electric, Heat Pump

Exterior None

County Burnet

MLS # 8751725

Garage 3 spaces

HOA & Community

HOA Fee $580 /Annually

HOA Includes Common Area Maintenance, Insurance

Listing History

MLS# 8751725 111 days

Jun 27, 2022	Off Market
Jan 23, 2022	Listed		$275,000

MLS# 1119365 149 days

Apr 13, 2021	Off Market
Aug 3, 2020	Listed		$199,500

MLS# 3078554 45 days

Apr 13, 2021	Off Market
Feb 2, 2021	Listed		$206,500

MLS# 9662133 103 days

Jan 31, 2021	Off Market
Aug 2, 2020	Listed		$199,500

Frequently Asked Questions About 464 Cedar Mountain DR, Marble Falls TX 78654

When was 464 Cedar Mountain DR, Marble Falls TX 78654 built?

464 Cedar Mountain DR, Marble Falls TX 78654 was built in 2017.

How much does 464 Cedar Mountain DR, Marble Falls TX 78654 cost?

464 Cedar Mountain DR, Marble Falls TX 78654 sold on June 27, 2022. Contact us for sale price details.

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