Ed's Opinion of Value

$949,000 Ed's Estimate: $1,194,708 $2,300,000
Lowest Comp Recommended List: $1,005,000 to $1,015,000 Highest Comp
Based on 4 closed sales in RIVER MOUNTAIN RANCH, the data points to a value around $1,194,708 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,005,000 to $1,015,000. This home's position in the current RIVER MOUNTAIN RANCH market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being built in 2018 (10 years newer than comps) is factored into the value estimate. Lot size matters here: 6.67 acres versus 5.22 for the typical comp. Right now, 3 similar properties are competing for buyers in RIVER MOUNTAIN RANCH, listed between $949,000 and $2,300,000. Market data shows RIVER MOUNTAIN RANCH prices risen 42.6% over the last half year. The closest comparable sale, 1031 Water Park RD, Wimberley TX 78676 at an adjusted $1,278,474, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in RIVER MOUNTAIN RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
4 Baths
3,148 Sq Ft
6.67 Acres
2018 Built

About This Property

HERE IT IS!!! Awesome lot in highly coveted acreage development. Heavily treed, mostly cleared of cedar, great location at front of subdivision! Wimberley schools, Blanco River park access and under ag evaluation for negligable taxes!Restrictions: Yes

Location

Schools

School District Wimberley ISD
Elementary Scudder
Middle School Danforth
High School Wimberley

Property Details

Property Type Residential
Heating None
Exterior None
County Hays
MLS # 9938639

HOA & Community

HOA Fee $137 /Annually
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $9 (2007)

Listing History

MLS# 9938639 406 days
Nov 30, 2018 Off Market
Sep 15, 2017 Listed $785,000
Jul 16, 2008 Price Change $749,500

Frequently Asked Questions About 1151 River Mountain RD, Wimberley TX 78676

When was 1151 River Mountain RD, Wimberley TX 78676 built?

1151 River Mountain RD, Wimberley TX 78676 was built in 2018.

How much does 1151 River Mountain RD, Wimberley TX 78676 cost?

1151 River Mountain RD, Wimberley TX 78676 sold on November 30, 2018. Contact us for sale price details.

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