519 Airstrip RD, Spicewood TX 78669

Spicewood, TX 78669 | Windermere Arpk

Ed's Opinion of Value

$304,031 Ed's Estimate: $433,893 $850,000
Lowest Comp Recommended List: $365,000 to $375,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $433,893. To generate strong buyer interest while maximizing value, I'd price this between $365,000 and $375,000. With 7 comparable homes on the market in 78669, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1977 construction puts this home 25 years older than the comp average, a factor in the pricing. At 0.92 acres, the lot is larger than the 0.77 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78669; a buyer's market based on recent absorption. The trend in 78669 shows prices have fallen 10% in the past 6 months. 318 Coventry RD, Spicewood TX 78669 nearby adjusts to $443,166; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,770 Sq Ft
0.92 Acres
1977 Built
3 Garage

About This Property

This home was built for the aviation enthusiast. The attached port can hold a private aircraft & automobiles. Located right next to the runway, this home allows convenient access to Lake Travis, Hill Country hunting leases, recreation, and of course, Austin. Exempt from deed restrictions, this home can be used as a residence or commercially developed. The home has ample storage with stained concrete in the kitchen/breakfast area and underneath the carpet in the living area. Foundation passed inspectionRestrictions: Yes

Features

  • Bookcases
  • Breakfast Bar
  • Vaulted Ceiling(s)
  • Primary Bedroom on Main

Location

Schools

Property Details

Property Type Residential
Flooring Carpet, Concrete
Cooling Central Air
Heating Central
Exterior Boat Ramp
County Burnet
MLS # 5184825
Garage 3 spaces

Listing History

MLS# 5184825 526 days (769 CDOM)
Sep 9, 2016 Off Market
Aug 28, 2016 Pending
Jun 28, 2016 Price Change $274,000
Dec 10, 2014 Listed $375,000

Frequently Asked Questions About 519 Airstrip RD, Spicewood TX 78669

When was 519 Airstrip RD, Spicewood TX 78669 built?

519 Airstrip RD, Spicewood TX 78669 was built in 1977.

How much does 519 Airstrip RD, Spicewood TX 78669 cost?

519 Airstrip RD, Spicewood TX 78669 sold on September 9, 2016. Contact us for sale price details.

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