Ed's Opinion of Value

$500,911 Ed's Estimate: $638,939 $1,068,585
Lowest Comp Recommended List: $663,000 to $715,000 Highest Comp
Based on 7 closed sales in WINDERMERE OAKS, the data points to a value around $638,939 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $663,000 to $715,000. This home's position in the current WINDERMERE OAKS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. This home's smaller footprint (352 sqft vs the comp average) plays a role in how the market prices it. Being built in 1997 (11 years older than comps) is factored into the value estimate. There are currently 4 similar homes on the market in WINDERMERE OAKS, ranging from $599,000 to $899,000. Market data shows WINDERMERE OAKS prices risen 4.3% over the last half year. The closest comparable sale, 723 Coventry RD, Spicewood TX 78669 at an adjusted $500,911, is with a larger floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in WINDERMERE OAKS. 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
4 Beds
3 Baths 3 Full
2,260 Sq Ft
1.11 Acres
1997 Built
2 Garage

About This Property

Wonderful waterfront home in Windermere Oaks in Spicewood, Texas. This home has 4 bedrooms, 3 bathrooms, 2 living areas, dining room, laundry room, eat-in kitchen and 2 car garage with work benches, shelving and extra storage. There is also a large parking area next to the garage for extra cars or trailers. The home has a metal roof with leaf guard gutters. The property has a rainwater collection system that holds 3600 gallons. There are decks on all three levels, so you can enjoy the views of Lake Travis and the Texas Hill Country. This home sits on 1.11 acres. The lot has a gentle slope to the water at normal lake levels. There are lots of trees and privacy. In fact, there are 27 healthy Live Oaks on the property. After walking down the steps next to the house to the lake, you can enjoy swimming, canoeing, floating (when the lake is at normal levels) and a patio with a stone fire ring. The lake level is low at this time, but the cove will be full again when the drought is over! This gated community has 3 pools, an airport, tennis courts, cluster mailboxes, a marina and a pavilion. So much potential in this home! Come live at the lake!!!

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Coffered Ceiling(s)
  • Laminate Counters
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Entrance Foyer
  • Interior Steps
  • Multiple Dining Areas
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

Property Details

Property Type Residential
Flooring Carpet, Laminate, Tile
Cooling Ceiling Fan(s), Central Air
Heating Central, Fireplace(s), Wood
Exterior Boat Dock - Shared, Gutters Full, Lighting, No Exterior Steps, Private Yard, Satellite Dish Leased
County Burnet
MLS # 7239530

Parking

Garage 2 spaces

HOA & Community

HOA Fee $495 /Annually
HOA Includes Common Area Maintenance, Insurance

Listing History

MLS# 7239530 70 days
Apr 21, 2023 Off Market
Jan 18, 2023 Listed $699,900

Frequently Asked Questions About 1025 Coventry RD, Spicewood TX 78669

When was 1025 Coventry RD, Spicewood TX 78669 built?

1025 Coventry RD, Spicewood TX 78669 was built in 1997.

How much does 1025 Coventry RD, Spicewood TX 78669 cost?

1025 Coventry RD, Spicewood TX 78669 sold on April 21, 2023. Contact us for sale price details.

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