3228 Fall Creek Estates DR, Spicewood TX 78669

Spicewood, TX 78669 | Paleface Homesteads

Off Market

Exterior view of 3228 Fall Creek Estates DR, Spicewood TX 78669

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Ed's Opinion of Value

$1,749,350 Ed's Estimate: $2,374,083 $3,282,111

Lowest Comp Recommended List: $2,327,000 to $2,422,000 Highest Comp

Listing History

$1,695,000 List Price

$2,402,378 Comp Value

1 Price Reductions

This property was listed at $1,695,000 and withdrawn after 603 days on market. The price was reduced from $1,795,000 to $1,695,000. 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 $2,374,083. I'd recommend coming to market at $2,327,000 to $2,422,000 to strike the right balance between value and market velocity. Among the similar homes currently available in PALEFACE HOMESTEADS, this price point stands out as competitive. The 2,856 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 2 of 7 comparable homes not offering one. Based on 7 relevant data points in PALEFACE HOMESTEADS, 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

78669 Market Trends

$711,183 Median Sold Price ▲ 18.5% 6mo

$272/sqft Median $/SqFt ▲ 8.8% 6mo

98 days Avg Days on Market 24 days faster

254 homes Active Inventory 9.3 mo supply

95.5% Sale-to-List Ratio

164 Sales (6 months)

Recently Sold Comparables

$1,749,350 adjusted 25616 Kahala Sunset CT, Spicewood TX 78669 4bd / 5.0ba • 5,526 sqft • 4 mi Sold 1 months ago

$3,282,111 adjusted 3004 Travis Lakeside DR, Spicewood TX 78669 5bd / 6.0ba • 5,951 sqft • 4.7 mi Sold 25 days ago

$2,909,202 adjusted 26804 Masters PKWY, Spicewood TX 78669 4bd / 5.0ba • 5,547 sqft • 4.2 mi Sold 2 months ago

$2,329,400 adjusted 26302 Countryside DR, Spicewood TX 78669 4bd / 4.0ba • 5,090 sqft • 4.3 mi Sold 8 months ago

$3,256,055 adjusted 24205 State Highway 71 W, Spicewood TX 78669 3bd / 3.0ba • 3,787 sqft • 1.1 mi Sold 2 months ago

5 Beds

5 Baths 4 Full, 1 Half

7,532 Sq Ft

6.357 Acres

2002 Built

About This Property

Magnificent Spanish Colonial residence on waterfront acreage overlooking the Pedernales. Views & grounds are incredible. Designed for gracious entertaining & daily casual living. Features mesquite & travertine floors, 5 fireplaces, dream kitchen, study & elegant master w/ fabulous bath. Guest casita w/ kitchenette plus a/c studio/shop. Negative edge pool, spa, waterfall, summer kitchen, patios & porches. Very private gated location on 5.3 acres. HOA park and boat launch. Furnished.See agent for exclusionsFEMA - Unknown Sprinkler Sys:Yes

Property Highlights

Pool Heated

Features

Beamed Ceilings
High Ceilings
Entrance Foyer
In-Law Floorplan
Multiple Living Areas
Pantry
Primary Bedroom on Main
Wet Bar
Wired for Sound

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, Stone, Wood

Cooling Central Air

Heating Central, Heat Pump

Exterior Boat Ramp, Private Yard

County Travis

MLS # 5034446

HOA & Community

HOA Fee $379 /Annually

Listing History

MLS# 5034446 603 days

Apr 27, 2017	Off Market
Sep 2, 2015	Listed	$1,995,000
Jun 18, 2012	Price Change	$1,695,000

Frequently Asked Questions About 3228 Fall Creek Estates DR, Spicewood TX 78669

When was 3228 Fall Creek Estates DR, Spicewood TX 78669 built?

3228 Fall Creek Estates DR, Spicewood TX 78669 was built in 2002.

How much does 3228 Fall Creek Estates DR, Spicewood TX 78669 cost?

3228 Fall Creek Estates DR, Spicewood TX 78669 is currently off market.

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Nov 1, 2012	Off Market
Jun 21, 2012	Listed		$6,500