116 Elizabeth DR, Spicewood TX 78669

Spicewood, TX 78669 | Spicewood Beach

Ed's Opinion of Value

$139,658 Ed's Estimate: $235,369 $425,899
Lowest Comp Recommended List: $168,000 to $178,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $235,369. I'd recommend coming to market at $168,000 to $178,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in SPICEWOOD BEACH. This home's smaller footprint (508 sqft vs the comp average) plays a role in how the market prices it. Built in 1954, this home is 35 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in SPICEWOOD BEACH; a buyer's market based on recent absorption. The trend in 78669 shows prices have fallen 14.8% in the past 6 months. 201 Laurel LN, Spicewood TX 78669 nearby adjusts to $157,898; a strong comparable. Based on 7 relevant data points in SPICEWOOD BEACH, 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
2 Beds
2 Baths 2 Full
1,084 Sq Ft
0.115 Acres
1954 Built

About This Property

Come enjoy the lake lifestyle in this beautiful, completely remodeled single-story home with a farmhouse feel in Spicewood Beach. An inviting front porch opens up to a light and bright living room with a shiplap accent wall, new luxury vinyl flooring that carries throughout the home, a beautiful designer light fixture that ties the living spaces together, as well as recessed lighting! The living room flows into the updated kitchen with features including custom butcherblock countertops, a gorgeous penny-tile backsplash, all new stainless steel appliances including a pull-down faucet and deep sink, pendant lighting, open wood shelving, plenty of counter space and a picture window. The new primary suite features a designer chandelier, a large walk-in closet and a barn door that leads into a large bathroom with double vanity and a spa-like tiled garden tub shower. The huge closet is a bonus! The home also features a spacious secondary bedroom with a stunning ceiling and secondary bathroom with a vessel sink and a tiled walk-in shower. Some of the many renovations include new hardie board siding, new sheetrock, new double pane windows throughout the home, a new roof, new HVAC, a new septic system, electrical that has been completely redone to include GFCI outlets throughout the home and new paint. A large back deck will also be added. With neighborhood amentities to include a cement boat launch, three well maintained docks and a sandy beach; this home located less than half a mile from Lake Travis and the golf course is a must see!

Features

  • Ceiling Fan(s)
  • Chandelier
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • High Speed Internet
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

Property Details

Property Type Residential
Flooring Vinyl
Cooling Central Air, Electric
Heating Central, Electric, Exhaust Fan
Exterior Exterior Steps, Private Entrance, Private Yard
County Burnet
MLS # 8566738

HOA & Community

HOA Fee $120 /Annually
HOA Includes Common Area Maintenance, Security

Listing History

MLS# 8566738 3 days (92 CDOM)
Jun 21, 2022 Off Market
Mar 18, 2022 Listed $259,900

Frequently Asked Questions About 116 Elizabeth DR, Spicewood TX 78669

When was 116 Elizabeth DR, Spicewood TX 78669 built?

116 Elizabeth DR, Spicewood TX 78669 was built in 1954.

How much does 116 Elizabeth DR, Spicewood TX 78669 cost?

116 Elizabeth DR, Spicewood TX 78669 sold on June 21, 2022. Contact us for sale price details.

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