1001 Spur 191 SPUR, Spicewood TX 78669

Spicewood, TX 78669 | none

Ed's Opinion of Value

$420,015 Ed's Estimate: $499,406 $699,900
Lowest Comp Recommended List: $489,000 to $509,000 Highest Comp

Listing History

$499,000 List Price
$499,423 Comp Value
1 Price Reductions

This property was listed at $499,000 and withdrawn after 106 days on market. The price was reduced from $545,000 to $499,000. This listing activity factors into the valuation.

The estimated value of this property is $499,406, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $489,000 and $509,000. With 7 comparable homes on the market in 78669, this price positions the property as the most affordable of 7 comparable homes on the market. Built in 1984, this home is 33 years older than the average comp, which is reflected in the adjustments. The 0.23 acre lot (smaller than the 0.69 acre average) is reflected in the estimate. Based on 7 relevant data points in 78669, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
4 Beds
3 Baths 2 Full, 1 Half
2,430 Sq Ft
0.23 Acres
1984 Built

About This Property

Very cool Residential or Commercial property in the Heart of Original Spicewood!
Where endless possibilities await you. Nestled alongside the tranquil Cypress Creek and enveloped by majestic Cypress trees, this property offers a cool and inviting setting like no other.
Featuring a versatile 4 Bed, 2.5 Bath home, this property has previously served both residential and commercial purposes. Its prime location in Old Spicewood ensures easy access to some of the area's top attractions, including Krause Springs, Grelle Recreation Area on Lake Travis, Muleshoe Bend on Lake Travis, Opie's BBQ, Spicewood Elementary, & the Spicewood Baptist Church & Community Center.
Experience the privacy and serenity of this unique location, with no known restrictions. The possibilities for this property are endless—imagine turning it into your dream home, operating an Airbnb, opening a charming restaurant, or creating a cozy coffee house..
For those seeking additional space, the adjacent .86-acre lot is also available for purchase. By combining the properties, you can create over an acre of prime real estate, expanding the opportunities for use and development.
As Austin continues its westward expansion into the Hill Country, the value and potential of this location should only magnify. Don't miss the chance to get in on this thriving area firsthand and see the incredible achievements of others nearby.
Also—don't forget to take a dip in the pool or explore the charming tiny home in the backyard. Its unique design and versatility make it perfect for a range of uses, limited only by your imagination.
The spacious front area, protected by a fence, provides ample parking for multiple cars, boats and RVs.
Take the first step toward your multi-use dream property in Original Spicewood. Call now to arrange a visit and immerse yourself in the enchanting atmosphere that awaits you! All info provided is deemed to be reliable but not guaranteed, buyer to confirm all info provided

Location

Schools

Property Details

Property Type Residential
Flooring Tile, Wood, See Remarks
County Burnet
MLS # 7260654

Tax Information

Annual Taxes (MLS) $4,210 (2022)

Listing History

MLS# 7260654 106 days
Sep 1, 2023 Off Market
Aug 22, 2023 Price Change $499,000
May 18, 2023 Listed $559,000

Frequently Asked Questions About 1001 Spur 191 SPUR, Spicewood TX 78669

When was 1001 Spur 191 SPUR, Spicewood TX 78669 built?

1001 Spur 191 SPUR, Spicewood TX 78669 was built in 1984.

How much does 1001 Spur 191 SPUR, Spicewood TX 78669 cost?

1001 Spur 191 SPUR, Spicewood TX 78669 is currently off market.

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