105 NW River RD, Martindale TX 78655

Martindale, TX 78655 | William Pettus Surv Abs #21

Ed's Opinion of Value

$204,420 Ed's Estimate: $213,291 $244,999
Lowest Comp Recommended List: $236,000 to $237,000 Highest Comp
The estimated value of this property is $213,291, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $236,000 and $237,000. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in WILLIAM PETTUS SURV ABS #21. Built in 1940, this home is 85 years older than the average comp, which is reflected in the adjustments. The 1.05 acre lot (larger than the 0.12 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in WILLIAM PETTUS SURV ABS #21, listed between $223,999 and $405,000. Recent trends in 78655 show home values have risen 24.4% since 6 months ago. The most comparable recent sale is 223 Navidad River DR, San Marcos TX 78666, with an adjusted value of $214,010; a strong comparable. Based on 7 relevant data points in WILLIAM PETTUS SURV ABS #21, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
4 Beds
2 Baths 2 Full
1,690 Sq Ft
1.05 Acres
1940 Built

About This Property

Extremely unique property with 280 ft of frontage on the San Marcos River only forty minutes from central Austin, under an hour from San Antonio and two hours from Houston. This property is on deep water just above the quaint and lively city of Martindale. The 1940 home has been restored to the guidelines of the Martindale Historic District with original ship lap and wood flooring contributing to the historic/modern combination interior design. Without yet being listed for a bustling summer river season, this home has a short but impressive Airbnb history with all five star reviews. There are currently six future bookings. The home sits on one full acre of rolling fields of wildflowers with a stone path to the upper deck and an on water dock for kayaks, tubes, fishing, and swimming. Martindale is an up and coming destination for live music, weddings, and river adventures. It has maintained it's historic appearance and therefore has in the past been the set for multiple movies. This property is walking distance to downtown Martindale with the newly opened restaurant and music venue Duett's Texas Club https://www.duettstx.com/ This is a dream property for family fun!

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Stone Counters
  • Double Vanity
  • High Speed Internet
  • Interior Steps
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Stackable W/D Connections
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District San Marcos ISD
Elementary Dezavala
Middle School Goodnight
High School San Marcos

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air, Electric
Heating Central, Propane
Exterior Boat Dock - Private
County Caldwell
MLS # 6893781

Tax Information

Annual Taxes (MLS) $7,910 (2023)

Listing History

MLS# 6893781 60 days
May 31, 2024 Off Market
Apr 16, 2024 Price Change $999,000
Mar 25, 2024 Listed $1,250,000

Frequently Asked Questions About 105 NW River RD, Martindale TX 78655

When was 105 NW River RD, Martindale TX 78655 built?

105 NW River RD, Martindale TX 78655 was built in 1940.

How much does 105 NW River RD, Martindale TX 78655 cost?

105 NW River RD, Martindale TX 78655 sold on May 31, 2024. Contact us for sale price details.

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