25114 River RD, Spicewood TX 78669

Spicewood, TX 78669 | Pedernales Bend

Off Market

Nestled on 2.66 acres and backing to the Pedernales River arm of Lake Travis, this sizable home offers panoramic views, a negative edge pool, and endless potential.

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Ed's Opinion of Value

$1,400,000 Ed's Estimate: $1,706,917 $2,950,000

Lowest Comp Recommended List: $1,673,000 to $1,741,000 Highest Comp

Listing History

$749,500 List Price

$1,746,809 Comp Value

1 Price Reductions

This property was listed at $749,500 and expired after 147 days on market. The price was reduced from $749,750 to $749,500. This listing activity factors into the valuation.

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,706,917. I'd recommend coming to market at $1,673,000 to $1,741,000 to strike the right balance between value and market velocity. Against 4 similar active listings in PEDERNALES BEND, this price point lands at the 2nd most expensive of 4 comparable homes on the market. Being 369 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 2 of 7 comparable homes not offering one. 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

$675,000 Median Sold Price ▼ 1.3% 6mo

$268/sqft Median $/SqFt ▲ 0.8% 6mo

100 days Avg Days on Market 9 days faster

274 homes Active Inventory 14.7 mo supply

96.9% Sale-to-List Ratio

112 Sales (6 months)

Recently Sold Comparables

$2,123,345 adjusted 1419 Likeness RD, Spicewood TX 78669 5bd / 5.0ba • 4,011 sqft • 2.5 mi Sold 5 months ago

$1,800,076 adjusted 107 N Angel Light DR, Spicewood TX 78669 4bd / 5.0ba • 4,294 sqft • 4.6 mi Sold 7 months ago

$1,409,882 adjusted 22703 HIGHWAY 71 W, Spicewood TX 78669 5bd / 5.0ba • 4,289 sqft • 4.5 mi Sold 8 days ago

$2,376,407 adjusted 1716 Windy Walk CV, Spicewood TX 78669 5bd / 6.0ba • 4,569 sqft • 4 mi Sold 4 months ago

$1,543,603 adjusted 23601 Old Ferry RD # 20, Spicewood TX 78669 4bd / 5.0ba • 3,740 sqft • 2 mi Sold 3 months ago

Currently on Market

$2,950,000 25110 River RD, Spicewood TX 78669 4bd / 3.0ba • 4,910 sqft • 0 mi 56 days on market

$1,400,000 23802 Oscar RD, Spicewood TX 78669 5bd / 5.0ba • 3,954 sqft • 2.8 mi 12 days on market

$1,650,000 23426 Oscar RD, Spicewood TX 78669 5bd / 4.0ba • 4,899 sqft • 2.7 mi 69 days on market

5 Beds

5 Baths 4 Full, 1 Half

4,478 Sq Ft

2.66 Acres

1997 Built

3 Garage

About This Property

Attention Investors/Handy Buyers-this is IT! Nestled on 2.66 acres backing to the Pedernales River arm of Lake Travis, this sizable home offers stunning panoramic views, negative edge pool & endless potential. In need of some work + love, we are pricing below market but property has been pre-inspected so there are no surprises! Lot extends to center of river w/ shared stairway access to the water. There is also a full guest home w/ separate entryway. So much potential here for anyone with some vision!Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Property Highlights

Pool In Ground, See Remarks

Features

Breakfast Bar
Coffered Ceiling(s)
High Ceilings
Entrance Foyer
Interior Steps
Multiple Dining Areas
Multiple Living Areas
Walk-In Closet(s)
Wet Bar

Location

Map loading...

Schools

School District Lake Travis ISD

Elementary West Cypress Hills

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central, Electric

Exterior Boat Ramp, See Remarks

County Travis

MLS # 5395476

Garage 3 spaces

HOA & Community

HOA Fee $80 /Annually

HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $12,308 (2016)

Listing History

MLS# 5395476 147 days

Nov 30, 2016	Off Market
Nov 9, 2016	Price Change	$749,500
Jul 6, 2016	Listed	$750,000

MLS# 7352538 135 days (492 CDOM)

Oct 18, 2011	Off Market
Jun 5, 2011	Listed		$998,000

MLS# 2169311 357 days

Jun 4, 2011	Off Market
Jun 12, 2010	Listed		$1,195,000

MLS# 7406935 571 days

Sep 4, 2007	Off Market
Jul 5, 2007	Pending
Dec 12, 2005	Listed	$1,000,000

MLS# 683175 92 days (576 CDOM)

Apr 15, 2003	Off Market
Jan 13, 2003	Listed		$869,000

MLS# 631541 313 days (576 CDOM)

Jan 13, 2003	Off Market
Mar 6, 2002	Listed		$869,000

MLS# 614718 93 days (263 CDOM)

Jan 30, 2002	Off Market
Oct 29, 2001	Listed		$789,000

MLS# 575475 170 days

Aug 7, 2001	Off Market
Feb 18, 2001	Listed		$995,000

Frequently Asked Questions About 25114 River RD, Spicewood TX 78669

When was 25114 River RD, Spicewood TX 78669 built?

25114 River RD, Spicewood TX 78669 was built in 1997.

How much does 25114 River RD, Spicewood TX 78669 cost?

25114 River RD, Spicewood TX 78669 is currently off market.

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