328 County Road 423, Spicewood TX 78669

Off Market

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Ed's Opinion of Value

$441,250 Ed's Estimate: $654,416 $810,000

Lowest Comp Recommended List: $488,000 to $498,000 Highest Comp

The estimated value of this property is $654,416, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $488,000 and $498,000. With 7 comparable homes on the market in OAKS SPICEWOOD, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 1996, this home is 21 years older than the average comp, which is reflected in the adjustments. The 5.78 acre lot (larger than the 0.69 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in OAKS SPICEWOOD, listed between $441,250 and $2,500,000. Recent trends in 78669 show home values have risen 16.7% since 6 months ago. The most comparable recent sale is 2422 Founders CIR, Spicewood TX 78669, with an adjusted value of $686,905; a strong comparable. Based on 7 relevant data points in OAKS SPICEWOOD, 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

$700,000 Median Sold Price ▲ 16.7% 6mo

$268/sqft Median $/SqFt ▲ 7.6% 6mo

97 days Avg Days on Market 23 days faster

239 homes Active Inventory 8.4 mo supply

95.8% Sale-to-List Ratio

171 Sales (6 months)

Recently Sold Comparables

$686,905 adjusted 2422 Founders CIR, Spicewood TX 78669 4bd / 4.0ba • 2,623 sqft • 3.6 mi Sold 8 days ago

$612,319 adjusted 330 Kendall RD, Spicewood TX 78669 4bd / 3.0ba • 2,674 sqft • 2.5 mi Sold 3 months ago

$686,488 adjusted 515 Coventry RD, Spicewood TX 78669 4bd / 3.0ba • 2,968 sqft • 2.7 mi Sold 6 months ago

$557,834 adjusted 132 Bedford DR, Spicewood TX 78669 4bd / 3.0ba • 2,634 sqft • 2.7 mi Sold 9 months ago

$745,669 adjusted 277 Rees Landing RD, Spicewood TX 78669 4bd / 3.0ba • 2,429 sqft • 1 mi Sold 5 months ago

Currently on Market

$799,995 254 MIDDLETON RD, Spicewood TX 78669 3bd / 3.0ba • 2,717 sqft • 1.6 mi 93 days on market

$810,000 444 Rees Landing RD, Spicewood TX 78669 4bd / 3.0ba • 2,601 sqft • 0.6 mi 93 days on market

$441,250 117 Keswick DR, Spicewood TX 78669 3bd / 3.0ba • 2,475 sqft • 2.6 mi 42 days on market

5 Beds

3 Baths 2 Full, 1 Half

2,628 Sq Ft

5.78 Acres

1996 Built

2 Garage

About This Property

Beautiful Hill country views with ever changing sunsets from the West facing back deck. Prewired for Hot Tub at back deck. Open floor plan to take advantage of the views. Just under 6 acres of unrestricted land. Over 4 acres are fenced for livestock. Out building has power and water and could be used for multiple purposes from potting shed to chicken coop or FFA projects. Only 20 -25 minutes from the Bee Cave Galleria and Lakeway, 30 minutes to Oak Hill. Only an hour away from the Texas wine country in Fredericksburg. Just minutes away from 3 recreation areas on Lake Travis (Narrows, Muleshoe Bend and Grelle). Also only minutes away from Krause Springs. Iron Wolf Distillery and Spicewood Vineyards are also close by. It is just 15 minues to the growing town of Marble Falls. Also close to the Baylor Scott and White Hospital on Hwy 71. This property offers country living with city access. Good potential for short time rental due to location and 5 bedrooms.

Features

2 Primary Baths
Ceiling Fan(s)
Tile Counters
Double Vanity
Electric Dryer Hookup
Kitchen Island
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)
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, Tile

Cooling Ceiling Fan(s), Central Air, Electric, Heat Pump, Zoned

Heating Central, Electric, Wood Stove

Exterior Garden, Gutters Partial, Lighting

County Burnet

MLS # 9376986

Garage 2 spaces

Listing History

MLS# 9376986 45 days (43 CDOM)

Dec 13, 2021	Off Market
Nov 1, 2021	Price Change	$585,000
Sep 26, 2021	Listed	$665,000

Frequently Asked Questions About 328 County Road 423, Spicewood TX 78669

When was 328 County Road 423, Spicewood TX 78669 built?

328 County Road 423, Spicewood TX 78669 was built in 1996.

How much does 328 County Road 423, Spicewood TX 78669 cost?

328 County Road 423, Spicewood TX 78669 sold on December 13, 2021. Contact us for sale price details.

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