5973 Wells LN, Salado TX 76571

Off Market

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Ed's Opinion of Value

$666,492 Ed's Estimate: $805,182 $987,111

Lowest Comp Recommended List: $906,000 to $981,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $805,182. I'd recommend coming to market at $906,000 to $981,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in 76571. Built in 2001, this home is 10 years older than the average comp, which is reflected in the adjustments. The 9.76 acre lot (larger than the 1.95 acre average) is reflected in the estimate. 2 similar homes are currently available in 76571, creating a buyer's market for this price range. The trend in 76571 shows prices have fallen 7.4% in the past 6 months. 1265 Mourning Dove CT, Salado TX 76571 nearby adjusts to $981,119; with a larger floor plan. 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

76571 Market Trends

$487,500 Median Sold Price ▼ 7.4% 6mo

$203/sqft Median $/SqFt ▼ 7.5% 6mo

93 days Avg Days on Market 9 days slower

88 homes Active Inventory 8.4 mo supply

97.9% Sale-to-List Ratio

63 Sales (6 months)

Recently Sold Comparables

$981,119 adjusted 1265 Mourning Dove CT, Salado TX 76571 3bd / 3.0ba • 3,379 sqft • 1.3 mi Sold 1 months ago

$746,031 adjusted 600 Willow Creek RD, Salado TX 76571 4bd / 3.0ba • 3,200 sqft • 4 mi Sold 12 months ago

$666,492 adjusted 2747 Hester WAY, Salado TX 76571 4bd / 3.0ba • 3,006 sqft • 4.9 mi Sold 8 months ago

$987,111 adjusted 1893 Cheyenne PASS, Salado TX 76571 3bd / 3.0ba • 3,255 sqft • 1.1 mi Sold 9 months ago

$766,794 adjusted 11740 Stinnett Mill RD, Salado TX 76571 4bd / 4.0ba • 3,098 sqft • 4.7 mi Sold 9 months ago

Currently on Market

$945,000 1224 Hidden Springs DR, Salado TX 76571 3bd / 3.0ba • 2,991 sqft • 1.9 mi 154 days on market

$895,500 1250 E Creekview DR, Salado TX 76571 5bd / 4.0ba • 3,076 sqft • 1.1 mi 167 days on market

4 Beds

3 Baths 3 Full

3,174 Sq Ft

9.759 Acres

2001 Built

4 Garage

About This Property

As the gates open on this almost 10 acre property you are going to feel like you are entering the pearly gates of heaven right here in Salado, TX. A treasure of a property for those wanting to be within 45 min of Austin or just wanting to be in the highly desirable Villages of Salado, with a little extra elbow room. What would do with all that elbow room? How about bringing out the horses to your 4 horse barn, or working on that special project in the extra garage/shop that has water/gas available, or you just want to sit back on the expansive back porch with a your favorite beverage and enjoy one of the most beautiful sunsets around! A beautiful stone house awaits you with a nice Texas-size living area with a big ole fire place to keep you warm on those cozy-chilly nights. On the perimeter of the property enjoy big cavern rocks where the wet-weather creek had made it's natural beauty-mark. Basically this little piece of property is your very own oasis away from the rush of life.

Features

Breakfast Bar
Ceiling Fan(s)
High Ceilings
Quartz Counters
Double Vanity
Eat-in Kitchen
Entrance Foyer
In-Law Floorplan
Kitchen Island
Multiple Dining Areas
Natural Woodwork
No Interior Steps
Open Floorplan
Pantry
Primary Bedroom on Main
Soaking Tub
Storage
Walk-In Closet(s)
Washer Hookup

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 Tile

Cooling Central Air

Heating Central, Fireplace(s)

Exterior Private Yard

County Bell

MLS # 4401652

Parking

Garage 4 spaces

Tax Information

Annual Taxes $14,013 (2022)

Listing History

MLS# 4401652 77 days (76 CDOM)

Sep 26, 2022	Off Market
Aug 9, 2022	Price Change	$999,900
Jun 17, 2022	Listed	$1,400,000

Frequently Asked Questions About 5973 Wells LN, Salado TX 76571

When was 5973 Wells LN, Salado TX 76571 built?

5973 Wells LN, Salado TX 76571 was built in 2001.

How much does 5973 Wells LN, Salado TX 76571 cost?

5973 Wells LN, Salado TX 76571 sold on September 26, 2022. Contact us for sale price details.

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Sep 21, 2018	Off Market
Apr 23, 2018	Listed		$825,000