Ed's Opinion of Value

$352,485 Ed's Estimate: $445,601 $999,000
Lowest Comp Recommended List: $486,000 to $523,000 Highest Comp
The market data from 7 similar recent sales in BRIARCLIFF INC points to a value of approximately $445,601. To sell within a reasonable timeframe at fair market value, the $486,000 to $523,000 range is where I'd position this. Against 3 similar active listings in BRIARCLIFF INC, this price point lands at the most affordable of 3 comparable homes on the market. The 2012 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.67 acres, the lot is larger than the 0.47 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in BRIARCLIFF INC; a buyer's market based on recent absorption. In BRIARCLIFF INC, home values have fallen approximately 15.2% over the past 6 months. One of the strongest data points is 22340 Briarcliff DR, Spicewood TX 78669, adjusting to $401,832; a strong comparable. 7 comparable transactions in BRIARCLIFF INC support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths
1,864 Sq Ft
0.67 Acres
2012 Built

About This Property

COME LIVE LAKE TRAVIS! 2 fabulous lots to be sold together w/ ABSOLUTELY STUNNING VIEWS! These panoramic Hill Co./Lake views will take your breath away!!! Highly appreciating area w/ tons of recreation such as lake access, Willie's Cut-N-Putt Golf Course, trails, parks, restaurants & more. Neighborhood planning new pool! Only 15 mins. to new hospital & Hill Country Galleria, + a ton of other great shopping, dining, and entertainment! Gorgeous scenery, lake access low taxes/hoa fees, & Lake Travis ISD too!FEMA - Unknown Restrictions: Yes

Location

Schools

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

Property Details

Property Type Land
Heating None
Exterior Boat Ramp, Lake, See Remarks
County Travis
MLS # 1724295

HOA & Community

HOA Fee $430 /Annually

Listing History

MLS# 1724295 75 days
Oct 20, 2015 Off Market
Jul 27, 2015 Listed $45,000
Jan 4, 2012 Price Change $47,000

Frequently Asked Questions About 22241 OBAN, Spicewood TX 78669

When was 22241 OBAN, Spicewood TX 78669 built?

22241 OBAN, Spicewood TX 78669 was built in 2012.

How much does 22241 OBAN, Spicewood TX 78669 cost?

22241 OBAN, Spicewood TX 78669 sold on October 20, 2015. Contact us for sale price details.

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