15495 Spotted Horse LN, Salado TX 76571

Off Market

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Ed's Opinion of Value

$230,524 Ed's Estimate: $336,088 $494,609

Lowest Comp Recommended List: $362,000 to $364,000 Highest Comp

Based on 7 closed sales in 76571, the data points to a value around $336,088 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $362,000 to $364,000. Relative to what's currently available in 76571, this home would be the most affordable of 4 comparable homes on the market. Lot size matters here: 26.02 acres versus 0.39 for the typical comp. With 4 similar homes currently listed in 76571 (a buyer's market), competition is a factor to consider. Market data shows 76571 prices fallen 10% over the last half year. The closest comparable sale, 1401 Guess DR, Salado TX 76571 at an adjusted $370,599, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

76571 Market Trends

$471,128 Median Sold Price ▼ 10% 6mo

$204/sqft Median $/SqFt ▼ 6.2% 6mo

98 days Avg Days on Market 14 days slower

82 homes Active Inventory 6.5 mo supply

97.5% Sale-to-List Ratio

76 Sales (6 months)

Recently Sold Comparables

$370,599 adjusted 1401 Guess DR, Salado TX 76571 3bd / 2.0ba • 1,560 sqft • 1 mi Sold 11 months ago

$230,524 adjusted 1405 Oak Park LN, Salado TX 76571 3bd / 2.0ba • 1,761 sqft • 1 mi Sold 4 months ago

$345,853 adjusted 281 Salado Creek RD, Salado TX 76571 3bd / 2.0ba • 1,531 sqft • 2 mi Sold 11 months ago

$494,609 adjusted 137 Capps Branch LN, Salado TX 76571 3bd / 2.0ba • 1,513 sqft • 3.3 mi Sold 8 months ago

$344,964 adjusted 407 Talon LOOP, Salado TX 76571 3bd / 2.0ba • 1,509 sqft • 2.6 mi Sold 8 months ago

Currently on Market

$394,500 312 Ow Lowrey, Salado TX 76571 3bd / 2.0ba • 1,722 sqft • 2.8 mi 49 days on market

$349,000 813 Eagle Cross CV, Salado TX 76571 3bd / 2.0ba • 1,509 sqft • 2.9 mi 5 days on market

$359,000 406 Talon LOOP, Salado TX 76571 3bd / 2.0ba • 1,610 sqft • 2.6 mi 14 days on market

2 Beds

2 Baths 2 Full

1,544 Sq Ft

26.018 Acres

1997 Built

1 Garage

About This Property

Amazing Property in Small Salado Community at the end of the Road. Rectagular Shaped property is ready for you to build your Dream Home! Bring your Horses, great sandy loam soil. Two Small Cabins could become the guest houses or your living quarters while you build. Nice, large tank already in place. Beautiful 26 acre property, mostly Open Pasture, Terrific Location, Utilities in Place, Road runs from the gate to back of property. Incredible Privacy, surrounded by large parcels.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Features

Beamed Ceilings
Cathedral Ceiling(s)
Vaulted Ceiling(s)
Entrance Foyer
Pantry
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Salado ISD

Elementary Thomas Arnold

Middle School Salado

High School Salado

Property Details

Property Type Residential

Flooring Wood

Cooling Central Air, Wall/Window Unit(s)

Heating Central

Exterior Boat Dock - Shared, Gutters Partial, Private Yard

County Bell

MLS # 2818989

Garage 1 spaces

HOA & Community

Listing History

MLS# 2818989 38 days

Aug 28, 2015	Off Market
Jul 18, 2015	Pending
Jun 10, 2015	Listed	$309,000

MLS# 1828127 39 days

Aug 28, 2015	Off Market
Jun 9, 2015	Listed		$309,000

MLS# 7638784 181 days

Sep 4, 2013	Off Market
Mar 7, 2013	Listed		$309,900

Frequently Asked Questions About 15495 Spotted Horse LN, Salado TX 76571

When was 15495 Spotted Horse LN, Salado TX 76571 built?

15495 Spotted Horse LN, Salado TX 76571 was built in 1997.

How much does 15495 Spotted Horse LN, Salado TX 76571 cost?

15495 Spotted Horse LN, Salado TX 76571 sold on August 28, 2015. Contact us for sale price details.

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