447 Madrona DR, New Braunfels TX 78132

New Braunfels, TX 78132 | Naked Indian Reservation

Off Market

Exterior view of 447 Madrona DR, New Braunfels TX 78132

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Ed's Opinion of Value

$261,790 Ed's Estimate: $357,585 $600,000

Lowest Comp Recommended List: $404,000 to $432,000 Highest Comp

The estimated value of this property is $357,585, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $404,000 and $432,000. In the current 78132 market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 328 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1982, this home is 10 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in 78132, creating a buyer's market for this price range. Recent trends in 78132 show home values have risen 13.9% since 6 months ago. The most comparable recent sale is 760 Lorne RD, Canyon Lake TX 78133, with an adjusted value of $432,494; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78132 Market Trends

$569,000 Median Sold Price ▲ 13.9% 6mo

$216/sqft Median $/SqFt ▼ 1.6% 6mo

90 days Avg Days on Market 18 days slower

61 homes Active Inventory 6.3 mo supply

96.4% Sale-to-List Ratio

58 Sales (6 months)

Recently Sold Comparables

$432,494 adjusted 760 Lorne RD, Canyon Lake TX 78133 3bd / 2.0ba • 1,753 sqft • 0.8 mi Sold 8 months ago

$350,923 adjusted 729 Trail Crest DR, Canyon Lake TX 78133 3bd / 2.0ba • 1,888 sqft • 3.1 mi Sold 8 months ago

$262,863 adjusted 387 Lake Park Loop, Canyon Lake TX 78133 2bd / 2.0ba • 864 sqft • 3 mi Sold 6 months ago

$261,790 adjusted 1509 Ridge Wind, Canyon Lake TX 78133 3bd / 2.0ba • 1,568 sqft • 1.8 mi Sold 6 months ago

$384,638 adjusted 1909 Canyon Lake DR, Canyon Lake TX 78133 3bd / 2.0ba • 1,620 sqft • 2.8 mi Sold 11 months ago

Currently on Market

$374,999 660 Mockingbird DR, Canyon Lake TX 78133 3bd / 3.0ba • 1,800 sqft • 2.8 mi 1 days on market

$600,000 789 Barbara DR, Canyon Lake TX 78133 1bd / 3.0ba • 2,090 sqft • 2.4 mi 159 days on market

$489,000 120 Sierra Way WAY, Canyon Lake TX 78133 3bd / 3.0ba • 1,886 sqft • 2.4 mi 73 days on market

2 Beds

2 Baths 2 Full

1,845 Sq Ft

7.727 Acres

1982 Built

About This Property

Are you wanting a lake view! This secluded hill side home has endless views of the hill country and view of Canyon Lake. Winding paved drive leads you to this 2 bedroom-2 bath hill country retreat. The oversized living room has a vaulted ceiling, rock faced wood burning fireplace and a wall of windows leading to a large patio for relaxing with lots of privacy. 7.7 acres and covered with trees. Make this your everyday home or your hill country getaway for when you want to float the river or take boat rides on the lake. This property is full of potential.

Features

Ceiling Fan(s)
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Comal ISD

Elementary Startzville

Middle School Mountain Valley Middle

High School Canyon Lake

Property Details

Property Type Residential

Flooring Concrete

Cooling Central Air

Heating Central, Fireplace(s)

Exterior See Remarks

County Comal

MLS # 1438478

Listing History

MLS# 1438478 10 days (9 CDOM)

Jun 20, 2023	Off Market
Mar 21, 2023	Listed		$575,000

Frequently Asked Questions About 447 Madrona DR, New Braunfels TX 78132

When was 447 Madrona DR, New Braunfels TX 78132 built?

447 Madrona DR, New Braunfels TX 78132 was built in 1982.

How much does 447 Madrona DR, New Braunfels TX 78132 cost?

447 Madrona DR, New Braunfels TX 78132 sold on June 20, 2023. Contact us for sale price details.

Similar Properties

$475,500 634 Central PKWY # 1201, New Braunfels TX 78130 2 bd | 2 ba

$485,000 1007 Meckell DR, Canyon Lake TX 78133 2 bd | 2 ba

$499,000 540 River RUN # 305, New Braunfels TX 78132 2 bd | 2 ba

$530,000 211 Creekwood CT, Spring Branch TX 78070 3 bd | 2 ba

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