389 Turkey Tree RD, Spicewood TX 78669

Spicewood, TX 78669 | Allison Williams

Ed's Opinion of Value

$335,926 Ed's Estimate: $560,245 $945,000
Lowest Comp Recommended List: $658,000 to $660,000 Highest Comp
The estimated value of this property is $560,245, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $658,000 and $660,000. Against 7 similar active listings in ALLISON WILLIAMS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (315 sqft vs the comp average) plays a role in how the market prices it. Built in 1988, this home is 7 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in ALLISON WILLIAMS, creating a buyer's market for this price range. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 318 Coventry RD, Spicewood TX 78669, with an adjusted value of $472,267; a strong comparable. 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
2 Beds
3 Baths 2 Full, 1 Half
1,872 Sq Ft
5.22 Acres
1988 Built

About This Property

5 Acres w/Lake View~2 Bedrm Home & an Unfinished Nine Bedrm Home~4 car carport~Mud rm w/utility area, utility sink, cabinets, closet & a half bath~Galley kitchen is open to combined dining rm & lg family rm~Sun rm~Covered rear patio~Second building on property is unfinished & was intended to have a lg family rm, 9 unfinished bedrms, what appears to be 3 intended bathrms & a utility/mud rm (design intention is unverified since this house is only built to the studs & no plans are available)~No disclosuresRestrictions: Yes

Features

  • Interior Steps
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps, See Remarks
County Burnet
MLS # 2127970

HOA & Community

HOA Fee $200 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 2127970 14 days
Feb 6, 2014 Off Market
Nov 15, 2013 Pending
Nov 1, 2013 Listed $215,000

Frequently Asked Questions About 389 Turkey Tree RD, Spicewood TX 78669

When was 389 Turkey Tree RD, Spicewood TX 78669 built?

389 Turkey Tree RD, Spicewood TX 78669 was built in 1988.

How much does 389 Turkey Tree RD, Spicewood TX 78669 cost?

389 Turkey Tree RD, Spicewood TX 78669 sold on February 6, 2014. Contact us for sale price details.

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