7531 FM 2843, Salado TX 76571

Salado, TX 76571 | None

Off Market

Exterior view of 7531 FM 2843, Salado TX 76571

Additional photos available to registered users

Ed's Opinion of Value

$482,669 Ed's Estimate: $577,462 $1,500,000

Lowest Comp Recommended List: $566,000 to $589,000 Highest Comp

Listing History

$775,000 List Price

$569,231 Comp Value

1 Price Reductions

This property was listed at $775,000 and withdrawn after 328 days on market. The price was reduced from $795,000 to $775,000. This listing activity factors into the valuation.

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $577,462. To generate strong buyer interest while maximizing value, I'd price this between $566,000 and $589,000. With 2 comparable homes on the market in 76571, this price positions the property as the most affordable of 2 comparable homes on the market. The smaller floor plan (108 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1994 construction puts this home 20 years older than the comp average, a factor in the pricing. 7 comparable transactions in 76571 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

76571 Market Trends

$482,780 Median Sold Price ▼ 7.3% 6mo

$204/sqft Median $/SqFt ▼ 6.7% 6mo

102 days Avg Days on Market 19 days slower

86 homes Active Inventory 6.1 mo supply

97.7% Sale-to-List Ratio

84 Sales (6 months)

Recently Sold Comparables

$622,870 adjusted 1448 Hidden Springs DR, Salado TX 76571 4bd / 4.0ba • 2,644 sqft • 0.6 mi Sold 4 months ago

$769,465 adjusted 1265 Mourning Dove CT, Salado TX 76571 3bd / 3.0ba • 3,379 sqft • 2.4 mi Sold 3 months ago

$498,056 adjusted 718 Eagle Claw DR, Salado TX 76571 3bd / 4.0ba • 2,371 sqft • 4.8 mi Sold 1 months ago

$495,946 adjusted 724 Golden Eagle DR, Salado TX 76571 4bd / 3.0ba • 2,430 sqft • 4.7 mi Sold 1 months ago

$482,669 adjusted 11070 La Paloma Loop E, Salado TX 76571 4bd / 3.0ba • 2,586 sqft • 4.9 mi Sold 18 days ago

Currently on Market

$625,000 1206 Long MDW, Salado TX 76571 3bd / 3.0ba • 2,210 sqft • 0.9 mi 124 days on market

$1,500,000 6200 Solana Ranch RD, Salado TX 76571 4bd / 3.0ba • 2,568 sqft • 2 mi 82 days on market

3 Beds

3 Baths 2 Full, 1 Half

2,463 Sq Ft

4.993 Acres

1994 Built

2 Garage

About This Property

Unrestricted acreage in Salado ISD. This true Texas-styled house is beautiful & incredibly well-built, well-maintained. Salado ISD. Enjoy country life in traditional Texas charmer w/wrap-around front porch & large rear wood deck. Lots of natural light shine on lovely interior through plantation shutters. Owner's suite downstairs. Office has wonderful built-ins & backs up to owner's closet & could easily create closet for 4th bedroom. Lovely wood floors downstairs. Upstairs-2 bedrooms, 1 bath w/great closets. Large closet in garage w/abundance of storage. Updates & maintenance include: deck ('21), replaced living room window glass ('23); 2 HVAC units ('17&19); oven, cooktop, & microwave (16); refinished wood floors (15); granite kitchen counters; updated owner's bath; septic system (20); replaced all roof screws (21); well pump (about 13). Well is 775' deep to Trinity Aquifer. Motorized front gate w/keypad. Handrails-porch/deck. No HOA. No known restrictions. High speed fiber optics w/Bartlett Electric.

Features

Bookcases
Breakfast Bar
Built-in Features
Ceiling Fan(s)
High Ceilings
Chandelier
Granite Counters
Crown Molding
Double Vanity
Electric Dryer Hookup
Entrance Foyer
French Doors
High Speed Internet
Kitchen Island
Multiple Dining Areas
Primary Bedroom on Main
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 Carpet, Tile, Wood

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Electric

Exterior Satellite Dish Owned

County Bell

MLS # 2317191

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $5,230 (2023)

Listing History

MLS# 2317191 328 days

Jun 5, 2024	Off Market
May 11, 2024	Price Change	$775,000
Jun 9, 2023	Listed	$899,900

Frequently Asked Questions About 7531 FM 2843, Salado TX 76571

When was 7531 FM 2843, Salado TX 76571 built?

7531 FM 2843, Salado TX 76571 was built in 1994.

How much does 7531 FM 2843, Salado TX 76571 cost?

7531 FM 2843, Salado TX 76571 is currently off market.

Similar Properties

$699,000 1060 Great Oaks DR, Salado TX 76571 3 bd | 3 ba

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$709,900 1713 Kellan DR, Salado TX 76571 4 bd | 3 ba

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