1423 County Road 409, Spicewood TX 78669

Off Market

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Ed's Opinion of Value

$791,000 Ed's Estimate: $951,393 $1,395,000

Lowest Comp Recommended List: $923,000 to $980,000 Highest Comp

The estimated value of this property is $951,393, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $923,000 and $980,000. Among the similar homes currently available in 78669, this price point stands out as competitive. At 2,256 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1995, this home is 18 years older than the average comp, which is reflected in the adjustments. Right now, 1 similar properties are competing for buyers in 78669, listed between $1,395,000 and $1,395,000. Recent trends in 78669 show home values have fallen 14% since 6 months ago. The most comparable recent sale is 373 Rees Landing RD, Spicewood TX 78669, with an adjusted value of $791,000; with a smaller 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

78669 Market Trends

$645,000 Median Sold Price ▼ 14% 6mo

$258/sqft Median $/SqFt ▼ 5.1% 6mo

108 days Avg Days on Market 4 days slower

270 homes Active Inventory 16 mo supply

97.0% Sale-to-List Ratio

101 Sales (6 months)

Recently Sold Comparables

$791,000 adjusted 373 Rees Landing RD, Spicewood TX 78669 3bd / 4.0ba • 3,014 sqft • 2.4 mi Sold 3 months ago

$951,576 adjusted 501 East TRL, Spicewood TX 78669 4bd / 4.0ba • 3,546 sqft • 3.3 mi Sold 2 months ago

$1,069,170 adjusted 109 Lazy Oak PL, Spicewood TX 78669 4bd / 4.0ba • 2,999 sqft • 3 mi Sold 3 months ago

$861,980 adjusted 1021 Coventry RD, Spicewood TX 78669 3bd / 2.0ba • 1,875 sqft • 4 mi Sold 2 days ago

$1,212,640 adjusted 105 Clear Springs CT, Marble Falls TX 78654 4bd / 4.0ba • 3,697 sqft • 3.1 mi Sold 2 months ago

Currently on Market

$1,395,000 11151 State Highway 71, Spicewood TX 78669 5bd / 5.0ba • 4,605 sqft • 2.7 mi 14 days on market

3 Beds

4 Baths 3 Full, 1 Half

5,334 Sq Ft

12.55 Acres

1995 Built

3 Garage

About This Property

Endless Possibilities with this ONE-OF-A-KIND property in Spicewood! An investor's or wine-lover's dream with a location next door to Spicewood Vineyards. The property consists of 11.9 acres with an agricultural valuation currently in place, and a stunning custom-built home with 3 bedrooms and 3.5 baths. Amenities include multiple outdoor living spaces, library, wet bar and butler's pantry, office, dual living areas, and a butler's elevator. Immerse yourself in the picturesque scenery of the neighboring vineyard while relaxing on the screened-in front porch, 2nd floor solarium, or on one of the 2nd floor 2 balcony spaces. The property also includes two barns, a solar panel system, an 18,000 gallon rain-water collection system, a garden with irrigation system, 2-car garage, 2 gated entrances and an electric gate. Large basement with interior and exterior access, used by owners as a wine cellar. Short term rental, wedding venue, or tasting room potential!

Features

Bookcases
Built-in Features
Ceiling Fan(s)
High Ceilings
Granite Counters
Double Vanity
Kitchen Island
Multiple Living Areas
Storage
Walk-In Closet(s)

Location

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Schools

School District Marble Falls ISD

Elementary Spicewood (Marble Falls ISD)

Middle School Marble Falls

High School Marble Falls

Property Details

Property Type Residential

Flooring Carpet, Wood

Cooling Ceiling Fan(s), Central Air

Heating Central, Fireplace(s)

Exterior Balcony, Private Entrance

County Burnet

MLS # 7041062

Garage 3 spaces

Tax Information

Annual Taxes (MLS) $13,941 (2022)

Listing History

MLS# 7041062 144 days

Apr 21, 2023	Off Market
Nov 30, 2022	Price Change	$1,590,000
Oct 13, 2022	Listed	$1,895,000

Frequently Asked Questions About 1423 County Road 409, Spicewood TX 78669

When was 1423 County Road 409, Spicewood TX 78669 built?

1423 County Road 409, Spicewood TX 78669 was built in 1995.

How much does 1423 County Road 409, Spicewood TX 78669 cost?

1423 County Road 409, Spicewood TX 78669 sold on April 21, 2023. Contact us for sale price details.

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