6956 N Fm 486, Thorndale TX 76577

Off Market

This grand old lady is 115 years old this year.

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Ed's Opinion of Value

$443,575 Ed's Estimate: $692,335 $818,666

Lowest Comp Recommended List: $672,000 to $713,000 Highest Comp

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $692,335. Pricing this home between $672,000 and $713,000 would put it in the competitive sweet spot for 76577. This home's position in the current 76577 market: no active comparable homes on the market among comparable properties. This home's larger footprint (1,400 sqft vs the comp average) plays a role in how the market prices it. At 104 years older than typical comps, the 1911 build date influences the valuation. Market data shows 76577 prices risen 2.7% over the last half year. The closest comparable sale, 3622 N Fm 486, Thorndale TX 76577 at an adjusted $693,926, is with a smaller floor plan and a pool. The comp data here (4 sales in 76577) 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

76577 Market Trends

$392,590 Median Sold Price ▲ 2.7% 6mo

$179/sqft Median $/SqFt ▲ 1.7% 6mo

126 days Avg Days on Market 32 days slower

21 homes Active Inventory 7.9 mo supply

96.3% Sale-to-List Ratio

16 Sales (6 months)

Recently Sold Comparables

$693,926 adjusted 3622 N Fm 486, Thorndale TX 76577 4bd / 6.0ba • 3,428 sqft • 2.3 mi Sold 2 months ago

$443,575 adjusted 2949 County Road 437, Thorndale TX 76577 3bd / 2.0ba • 1,568 sqft • 4 mi Sold 16 days ago

$818,666 adjusted 2299 N FM 486, Thorndale TX 76577 4bd / 2.0ba • 2,037 sqft • 3.6 mi Sold 7 months ago

$806,771 adjusted 463 County Road 436, Thorndale TX 76577 5bd / 4.0ba • 2,975 sqft • 3.9 mi Sold 5 months ago

5 Beds

2 Baths 2 Full

3,902 Sq Ft

25 Acres

1911 Built

2 Garage

About This Property

PRICE IMPROVEMENT!! This awesome farmhouse set on 25 +/- acres is celebrating her 115th birthday this year. The exterior is really showing its age and will need significant restoration of the siding and porches as well as a new roof. The interior has amazing woodwork in good condition. Almost 4,000 sq. ft., 5 fireplaces, wrap-around porches, and original wood floors. As the property has always been owned by the same family, they would love to find stewards interested in restoring the regality of this beautiful home.
The expansive views from the upper porches of this Colonial Revival home are of peaceful pasture and a mature Pecan orchard. A variety of trees grace the property. Land is Ag exempt and cattle graze in the pasture. 20 minutes from Taylor, about 45 minutes to Austin. If you have a buyer looking for a piece of history and tranquility this is it. Could be a wonderful setting for a Wedding Venue, a retreat center - endless possibilities!

Features

Built-in Features
High Ceilings
Entrance Foyer
Natural Woodwork
Primary Bedroom on Main
See Remarks

Location

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Schools

School District Thorndale ISD

Elementary Thorndale

Middle School Thorndale

High School Thorndale

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior Private Yard, Satellite Dish Owned

County Milam

MLS # 9911722

Garage 2 spaces

Listing History

MLS# 9911722 90 days

Oct 11, 2022	Off Market
Jul 13, 2022	Price Change	$825,000
Apr 30, 2022	Listed	$1,000,000

Frequently Asked Questions About 6956 N Fm 486, Thorndale TX 76577

When was 6956 N Fm 486, Thorndale TX 76577 built?

6956 N Fm 486, Thorndale TX 76577 was built in 1911.

How much does 6956 N Fm 486, Thorndale TX 76577 cost?

6956 N Fm 486, Thorndale TX 76577 sold on October 11, 2022. Contact us for sale price details.

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