Ed's Opinion of Value

$275,000 Ed's Estimate: $398,178 $420,479
Lowest Comp Recommended List: $254,000 to $264,000 Highest Comp
After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $398,178. Pricing this home between $254,000 and $264,000 would put it in the competitive sweet spot for LAKESIDE BEACH. Relative to what's currently available in LAKESIDE BEACH, this home would be the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (245 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.18 acres versus the area average of 0.22) contributes to the valuation. There are currently 7 similar homes on the market in LAKESIDE BEACH, ranging from $219,990 to $599,000. The closest comparable sale, 206 Sunfire, Spicewood TX 78669 at an adjusted $376,902, is with a larger floor plan and a pool. With 4 comparable sales in LAKESIDE BEACH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,680 Sq Ft
0.179 Acres
2022 Built
2 Garage

About This Property

BUILDER SAYS SELL NOW! $48,200 PRICE REDUCTIONS PLUS $2,500 LANDSCAPE ALLOWANCE. BEST VALUE ON LAKE TRAVIS !!! This new 3 bedroom/2 bath single story home features many upgrades found in more expensive homes. Quartz counter tops throughout, soft close cabinets and drawers, lots of natural light, ample storage, wood type floors throughout, 2 sliding barn doors, ceiling fans in all bedrooms, great room and the large 300 sq-ft covered back porch. Wood burning fireplace, a handy mud room, private office and 2 car attached garage. Additional features: Energy efficient home, spray foam insulation. The home sits on a low traffic street within easy walking distance to a beautiful community pool and a large lakefront park with boat ramp, fishing dock, picnic tables and beach areas. All of this in a gated waterfront community on beautiful Lake Travis. Enjoy a laid-back lake lifestyle. Access to Austin & surrounding areas.

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Coffered Ceiling(s)
  • Quartz Counters
  • Double Vanity
  • Dry Bar
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Entrance Foyer
  • In-Law Floorplan
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

Property Details

Property Type Residential
Flooring No Carpet, Vinyl
Cooling Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump
Heating Central, Electric, ENERGY STAR Qualified Equipment, Exhaust Fan, Fireplace(s), Heat Pump, Hot Water
Exterior Boat Ramp, Lighting, Private Yard, Restricted Access
County Burnet
MLS # 8705327
Garage 2 spaces

HOA & Community

HOA Fee $155 /Annually
HOA Includes Common Area Maintenance, See Remarks

Listing History

MLS# 8705327 108 days (107 CDOM)
Nov 16, 2022 Off Market
Sep 21, 2022 Price Change $489,500
Jun 24, 2022 Listed $537,700

Frequently Asked Questions About 511 Broken Arrow DR, Spicewood TX 78669

When was 511 Broken Arrow DR, Spicewood TX 78669 built?

511 Broken Arrow DR, Spicewood TX 78669 was built in 2022.

How much does 511 Broken Arrow DR, Spicewood TX 78669 cost?

511 Broken Arrow DR, Spicewood TX 78669 sold on November 16, 2022. Contact us for sale price details.

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