19401 Inverness DR, Spicewood TX 78669

Spicewood, TX 78669 | Inverness Point

Ed's Opinion of Value

$557,484 Ed's Estimate: $653,931 $1,390,000
Lowest Comp Recommended List: $712,000 to $911,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $653,931. I'd recommend coming to market at $712,000 to $911,000 to strike the right balance between value and market velocity. Against 2 similar active listings in INVERNESS POINT, this price point lands at the most affordable of 2 comparable homes on the market. The 179 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1975, this home is 30 years older than the average comp, which is reflected in the adjustments. With 2 similar homes currently listed in INVERNESS POINT (a buyer's market), competition is a factor to consider. The trend in 78669 shows prices have risen 5.4% in the past 6 months. 19506 Inverness DR, Spicewood TX 78669 nearby adjusts to $712,366; a strong comparable. Based on 7 relevant data points in INVERNESS POINT, 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 3 Full
2,400 Sq Ft
0.616 Acres
1975 Built

About This Property

Gated, secure lake community. Cool lake house. Bank owned. Needs lots of work to bring it back. However, you have something to work with that could be exceptional. Granite countertops. Huge upper and lower decks. Stone and concrete steps to waterfront--when the lake is up. Metal roof. Office could be 4th bedroom. Condition of septic is unknown.Restrictions: Yes

Features

  • Breakfast Bar
  • Vaulted Ceiling(s)
  • French Doors
  • In-Law Floorplan
  • Interior Steps
  • Multiple Living Areas
  • Primary Bedroom on Main

Location

Schools

School District Lake Travis ISD
Elementary Bee Cave
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central, Electric
Exterior Boat Ramp, Exterior Steps, See Remarks
County Travis
MLS # 1276762

HOA & Community

HOA Fee $580 /Annually
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $6,549 (2014)

Listing History

MLS# 1276762 260 days
Aug 9, 2019 Off Market
Sep 27, 2018 Listed $599,000
May 16, 2014 Price Change $539,000

Frequently Asked Questions About 19401 Inverness DR, Spicewood TX 78669

When was 19401 Inverness DR, Spicewood TX 78669 built?

19401 Inverness DR, Spicewood TX 78669 was built in 1975.

How much does 19401 Inverness DR, Spicewood TX 78669 cost?

19401 Inverness DR, Spicewood TX 78669 sold on August 9, 2019. Contact us for sale price details.

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