Ed's Opinion of Value

$481,847 Ed's Estimate: $600,603 $1,250,000
Lowest Comp Recommended List: $692,000 to $738,000 Highest Comp
The comparable sales data (7 recent transactions in MCELWREATH PROPERTIES) supports an estimated value of $600,603. The data suggests a list price between $692,000 and $738,000 would attract qualified buyers without leaving money on the table. Buyers shopping in MCELWREATH PROPERTIES right now would see this as a well positioned option among 4 comparable homes. Being built in 2008 (15 years newer than comps) is factored into the value estimate. Lot size matters here: 20.00 acres versus 10.19 for the typical comp. Buyers in MCELWREATH PROPERTIES have 4 comparable options right now, with asking prices between $525,000 and $1,250,000. Prices in 78662 have fallen 8.5% over the last 6 months. A similar home at 914 Sand Hills RD, Red Rock TX 78662 carries an adjusted comparable value of $738,227, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in MCELWREATH PROPERTIES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
2,480 Sq Ft
20 Acres
2008 Built
3 Garage

About This Property

Pristine 2007 Energy Star custom Palm Harbor. Upgrades, beautiful wood cabinets. 3-2+ office and attached finished out sun room for additional living space. Dream kitchen for the discriminating chef. FHA foundation welded to slab. Attached 3 car garage 3 openers. Large 30X50 double door metal National Barn on a slab. Cute Affordable Portable with covered porch. 20 fenced in acres. Nature abounds and walking trails. No restrictions. Horses ok. 20 min to Bastrop or Lockhart.

Features

  • Breakfast Bar
  • French Doors
  • In-Law Floorplan
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Bastrop ISD
Elementary Red Rock
High School Cedar Creek

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central
Exterior Gutters Full, Private Yard
County Bastrop
MLS # 1051841

Parking

Garage 3 spaces

Listing History

MLS# 1051841 49 days
Nov 10, 2016 Off Market
Oct 7, 2016 Pending
Aug 19, 2016 Listed $285,000

Frequently Asked Questions About 163 Lockwood RD, Red Rock TX 78662

When was 163 Lockwood RD, Red Rock TX 78662 built?

163 Lockwood RD, Red Rock TX 78662 was built in 2008.

How much does 163 Lockwood RD, Red Rock TX 78662 cost?

163 Lockwood RD, Red Rock TX 78662 sold on November 10, 2016. Contact us for sale price details.

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