500 W Highway 79, Thorndale TX 76577

Thorndale, TX 76577 | Liendo Thorndale

Ed's Opinion of Value

$155,000 Ed's Estimate: $252,916 $882,000
Lowest Comp Recommended List: $248,000 to $258,000 Highest Comp

Listing History

$220,000 List Price
$254,287 Comp Value
1 Price Reductions

This property was listed at $220,000 and withdrawn after 102 days on market. The price was reduced from $230,000 to $220,000. This listing activity factors into the valuation.

My analysis of 7 comparable properties puts this home's estimated value at $252,916. Based on how the local market is moving, a list price between $248,000 and $258,000 would position this home well. Relative to what's currently available in 76577, this home would be the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (107 sqft vs the comp average) plays a role in how the market prices it. At 52 years older than typical comps, the 1930 build date influences the valuation. With 7 comparable sales in 76577, 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
2 Beds
1 Baths 1 Full
1,564 Sq Ft
0.282 Acres
1930 Built

About This Property

This property features One house that is a 2 bedroom 1 bath. The hard wood floors have just been refinished and the house was touched up with paint inside and out. The appliances will convey with the property. There is a living room through one of the two doors at the front of the house. You then walk through the dining into the kitchen and the second bedroom and utility room are on the east side of the rear of the home. Through the second front door you walk into the larger of the two bedrooms. This property also feature an efficiency apartment on the property. This little house is very well done as well. It has refrigerator, stove and a window unit that heats and cools. This could possible be rented and have an income source on the property. There is a large shared backyard with a storage building that will convey.

Location

Schools

School District Thorndale ISD
Elementary Thorndale
Middle School Thorndale
High School Thorndale

Property Details

Property Type Residential
Flooring Vinyl, Wood
County Milam
MLS # 4567069

Listing History

MLS# 4567069 102 days
Apr 21, 2023 Off Market
Apr 6, 2023 Price Change $220,000
Jan 9, 2023 Listed $230,000

Frequently Asked Questions About 500 W Highway 79, Thorndale TX 76577

When was 500 W Highway 79, Thorndale TX 76577 built?

500 W Highway 79, Thorndale TX 76577 was built in 1930.

How much does 500 W Highway 79, Thorndale TX 76577 cost?

500 W Highway 79, Thorndale TX 76577 is currently off market.

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