516 Cottonseed RUN, Martindale TX 78655

Martindale, TX 78655 | F Scull

Ed's Opinion of Value

$264,999 Ed's Estimate: $383,308 $383,308
Lowest Comp Recommended List: $297,000 to $307,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $383,308. Pricing this home between $297,000 and $307,000 would put it in the competitive sweet spot for 78655. This would position the home competitively among 7 active listings in 78655. Having a pool is a plus; 6 of the 7 comps lacked one. At 25 years older than typical comps, the 1994 build date influences the valuation. Right now, 7 similar properties are competing for buyers in 78655, listed between $264,999 and $950,000. Market data shows 78655 prices fallen 3.7% over the last half year. The closest comparable sale, 144 Navidad River DR, San Marcos TX 78666 at an adjusted $341,902, is with no pool. With 7 comparable sales in 78655, 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
6 Beds
4 Baths 4 Full
2,514 Sq Ft
0.652 Acres
1994 Built
2 Garage

About This Property

Looking for a river front home with everything? A large gorgeous pool, two guest houses, an oversized garage/workshop, and all sorts of bespoke artistic accents? This housing compound is a blissful retreat for the soul! The 0.65 acres includes endless flagstone walkways leading from building to building to courtyard to sitting area to pool to gazebo! All surrounded by natural gardens, fountains, and a wide variety of fruiting trees (peach, plum, fig, pomegranate). Nestled in the banks of the tranquil San Marcos River this home comes with elevated views of the clear aqua water, enjoying over 100 ft of riverfront with direct access to kayaking, fishing & tubing. The MAIN HOME is 1,969sf, with 4 large bedrooms, 3 baths, rich hardwood floors, and high ceilings. The POOL includes complete fencing/wall around it for safety, a large entertaining patio, and a new pump. The RIVERSIDE CASITA has AC, a complete kitchenette, a bathroom with a shower, and a view straight out to the river. The BARNDOMINIUM has AC, an inviting barn door entry, and artistic touches. The GARAGE + WORKSHOP include another large, attractive barn door, a plethora of work space, tons of shelving, and a loft for storage. So many other bits add to the incredible magic of the property: the breakfast garden patio (nestled into the main home), the gazebo, the grill area, the fire pit area, the pond (with fountain!), the playground, and the lookout sitting spot over the river! Not only that, but the main home has central AC, with one unit only a year old and the other unit being replaced this week. All appliances in the main home have been replaced in the last two years, including washer/dryer, dishwasher, oven, and refrigerator. The main home has never flooded, the lower half of the staircase to the river can be rebuilt by a number of quality vendors nearby. Unrestricted with low taxes, no HOA, and overnight rentals allowed. This lush oasis has everything!

Property Highlights

Pool Fenced, In Ground, Outdoor Pool

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • High Ceilings
  • Vaulted Ceiling(s)
  • Granite Counters
  • Electric Dryer Hookup
  • Multiple Living Areas
  • Natural Woodwork
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage

Location

Schools

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

Property Details

Property Type Residential
Flooring Stone, Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps
MLS # 8557156
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $6,439 (2023)

Listing History

MLS# 8557156 13 days (11 CDOM)
Apr 24, 2024 Off Market
Mar 7, 2024 Listed $795,000

Frequently Asked Questions About 516 Cottonseed RUN, Martindale TX 78655

When was 516 Cottonseed RUN, Martindale TX 78655 built?

516 Cottonseed RUN, Martindale TX 78655 was built in 1994.

How much does 516 Cottonseed RUN, Martindale TX 78655 cost?

516 Cottonseed RUN, Martindale TX 78655 sold on April 24, 2024. Contact us for sale price details.

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