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Riverfront property between Austin and Bastrop, it has electricity. A well. (30 gallons a minute) a dirt road mostly hilly and it has a 1/3 of a mile of frontage. 30 minutes from the capitol building in Austin

2006-09-04 13:13:31 · 8 answers · asked by Westsail43 2 in Business & Finance Renting & Real Estate

8 answers

Look at your TRIM notice (tax bill). The general rule is 1.5 times whatever the county taxes you at (appraised value) will be fair market value.

Or, you can try http://www.zillow.com Type in the address of the property. zillow is not all that accurate, and may only reflect loan/tax info.

2006-09-04 15:15:30 · answer #1 · answered by Sharingan 6 · 0 0

The answer is a secret. It's a secret because no one knows until the property sells. How much are you willing to pay for it? If the seller agrees with you, then that's what it's worth today.

Lots of people will give you opinions on how much it's worth. Appraisers, friends and others all know a lot about a lot.

But, here's the deal, if you want the property, find out how much other comperable properties in the area have sold for. If there are none, ask the seller what they are looking for. Perhaps the seller needs something other than money. Talk to the seller, learn about them and what they want. Then, you'll find out how much that property's worth.

2006-09-04 22:00:29 · answer #2 · answered by cooperbry 2 · 0 0

you need to get an appraiser, or for a VERY general answer, look of real estate records in the same are for similar properties, size, amenities etc. If Austin is booming that direction, it could be good news, if not who knows. One other thing has you property tax gone up, if so maybe good news.

2006-09-04 20:28:17 · answer #3 · answered by robug 3 · 0 0

Well if it is like up here in Tennessee it would of went up 3 to 4 times that especially on the water. Water front propery of any sort is worth a ton......
Good luck...

2006-09-04 20:19:54 · answer #4 · answered by tennesseeridge2000 2 · 0 0

zillow is awfully inaccurate...
any real estate is only "worth" now what someone will "pay" for it now. The most recent sales of similar parcels would be a starting place for determining that...

2006-09-04 23:51:16 · answer #5 · answered by Michelle H 2 · 0 0

the best thing to do is check out the real state market value in that area in your state registry of deeds or any institution in charge of such appraisal value...

2006-09-04 20:25:37 · answer #6 · answered by jmartin 2 · 0 0

Ask a land appraiser or a realtor. No one here will know - does that surprise you?

2006-09-04 20:18:58 · answer #7 · answered by Anonymous · 0 0

20k

2006-09-04 20:18:31 · answer #8 · answered by nets31495 2 · 0 1

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