196 Madison, Tow TX 78672

Off Market

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Ed's Opinion of Value

$115,380 Ed's Estimate: $313,861 $410,182

Lowest Comp Recommended List: $304,000 to $323,000 Highest Comp

The market data from 5 similar recent sales in 78672 points to a value of approximately $313,861. To sell within a reasonable timeframe at fair market value, the $304,000 to $323,000 range is where I'd position this. Among the similar homes currently available in 78672, this price point stands out as competitive. Being 351 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1984 construction puts this home 6 years newer than the comp average, a factor in the pricing. In 78672, home values have risen approximately 31.9% over the past 6 months. One of the strongest data points is 1715 Buckwheat DR, Tow TX 78672, adjusting to $261,258; a strong comparable. 5 comparable transactions in 78672 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78672 Market Trends

$389,250 Median Sold Price ▲ 31.9% 6mo

$204/sqft Median $/SqFt ▼ 7.5% 6mo

89 days Avg Days on Market 57 days faster

14 homes Active Inventory 10.5 mo supply

89.3% Sale-to-List Ratio

8 Sales (6 months)

Recently Sold Comparables

$261,258 adjusted 1715 Buckwheat DR, Tow TX 78672 3bd / 3.0ba • 1,791 sqft • 0.7 mi Sold 18 days ago

$115,380 adjusted 100 County Road 138, Burnet TX 78611 1bd / 1.0ba • 720 sqft • 4.8 mi Sold 8 months ago

$379,523 adjusted 658 Golden Beach DR, Buchanan Dam TX 78609 2bd / 2.0ba • 1,456 sqft • 4.8 mi Sold 8 months ago

$410,182 adjusted 126 Lakeview DR, Buchanan Dam TX 78609 3bd / 2.0ba • 1,487 sqft • 4 mi Sold 6 months ago

$386,789 adjusted 501 Willow ST, Buchanan Dam TX 78609 4bd / 3.0ba • 1,971 sqft • 4.4 mi Sold 11 months ago

2 Beds

1 Baths 1 Full

1,836 Sq Ft

1 Acres

1984 Built

About This Property

Large 2/1 on 2 acres+/-, unrestricted. Open liv/din/kit w/ bar. Sunroom; utility room. New appliances, A/C, pressure tank & pump, Two carports, one connected to two workshops with a bath. Option for portable building.

Features

Primary Bedroom on Main

Location

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Schools

School District Burnet ISD

Elementary Shady Grove

Middle School Burnet (Burnet ISD)

High School Burnet

Property Details

Property Type Residential

Flooring Carpet, Vinyl

Cooling Central Air

Heating Central, Electric

Exterior None

County Llano

MLS # 4101685

Listing History

MLS# 4101685 202 days

Aug 19, 2008	Off Market
Jul 17, 2008	Pending
Dec 28, 2007	Listed	$149,900

Frequently Asked Questions About 196 Madison, Tow TX 78672

When was 196 Madison, Tow TX 78672 built?

196 Madison, Tow TX 78672 was built in 1984.

How much does 196 Madison, Tow TX 78672 cost?

196 Madison, Tow TX 78672 sold on August 19, 2008. Contact us for sale price details.

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