3501 Verde Knoll DR, Spicewood TX 78669

Spicewood, TX 78669 | Edward Gritten League

Ed's Opinion of Value

$1,562,009 Ed's Estimate: $2,246,501 $5,900,000
Lowest Comp Recommended List: $2,650,000 to $2,859,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $2,246,501. Pricing this home between $2,650,000 and $2,859,000 would put it in the competitive sweet spot for EDWARD GRITTEN LEAGUE. Buyers shopping in EDWARD GRITTEN LEAGUE right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (1,010 sqft vs the comp average) plays a role in how the market prices it. At 36 years older than typical comps, the 1970 build date influences the valuation. Current inventory shows 3 comparable homes in EDWARD GRITTEN LEAGUE; a buyer's market based on recent absorption. Market data shows 78669 prices fallen 13.5% over the last half year. The closest comparable sale, 4200 Deer TRL, Spicewood TX 78669 at an adjusted $1,562,009, is with a larger floor plan. The comp data here (7 sales in EDWARD GRITTEN LEAGUE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
6 Beds
7 Baths 6 Full, 1 Half
5,946 Sq Ft
5 Acres
1970 Built
3 Garage

About This Property

Gorgeous 5 acres w/VIEW. Well landscaped, limestone paths, landscape lighting. TX style design on spacious [over 6000 sf per owner] 2 story house w/a distant view of the Pedernales, detached 3 car garage + 2 car carport. Per owner, the deep well has never run dry, 2 large rainwater collection tanks irrigate land. The house exterior is ready to enjoy now. BRING YOUR BUILDER & HAVE THE INTERIOR RE-PURPOSED FOR TODAY'S LUXURY BUYER. Priced w/a major rehab in mind. Then equity to spare.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Property Highlights

Pool In Ground

Features

  • 2 Primary Suites
  • Bookcases
  • Breakfast Bar
  • High Ceilings
  • Vaulted Ceiling(s)
  • French Doors
  • Interior Steps
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main

Location

Schools

School District Lake Travis ISD
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Tile, Vinyl
Cooling Central Air, Wall/Window Unit(s)
Heating Central, Propane
Exterior Balcony, Exterior Steps
County Travis
MLS # 2680511
Garage 3 spaces

Tax Information

Annual Taxes (MLS) $7,129 (2019)

Listing History

MLS# 2680511 68 days
Mar 25, 2020 Off Market
Feb 7, 2020 Pending
Nov 24, 2019 Listed $799,000

Frequently Asked Questions About 3501 Verde Knoll DR, Spicewood TX 78669

When was 3501 Verde Knoll DR, Spicewood TX 78669 built?

3501 Verde Knoll DR, Spicewood TX 78669 was built in 1970.

How much does 3501 Verde Knoll DR, Spicewood TX 78669 cost?

3501 Verde Knoll DR, Spicewood TX 78669 sold on March 25, 2020. Contact us for sale price details.

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