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647-medina-hills-rd

lightning_bolt Market Research

Company Profile: 647 Medina Hills Rd



Background



The property at 647 Medina Hills Rd, Medina, TX 78055, is a residential estate situated on a 10.08-acre lot in the Texas Hill Country. Built in 1993, the estate comprises a main cottage, two guest cottages, and various outbuildings, offering a secluded and expansive living environment. The property is currently listed for sale at $539,000.

Key Strategic Focus



The estate is designed to provide a versatile living space suitable for extended families, retreats, or hunting enthusiasts. Its strategic focus includes:

  • Versatile Living Spaces: The main cottage and two guest cottages offer flexible accommodation options.


  • Self-Sufficiency: Equipped with solar panels, a water filtration system, and a 5,076-gallon water catchment tank, the property promotes sustainable living.


  • Recreational Opportunities: The presence of a rock fire pit, covered BBQ pavilion, and allowance for hunting activities enhances its appeal for outdoor enthusiasts.


Financials and Funding



The property is listed for sale at $539,000, reflecting its market value. The listing history indicates a significant appreciation from its previous listing price of $195,000 in August 2015, highlighting the property's increasing value over time.

Pipeline Development



As a residential property, there are no pipeline developments or clinical trials associated with this estate.

Technological Platform and Innovation



The property incorporates several technological features:

  • Solar Energy: Owned solar panels contribute to energy efficiency and sustainability.


  • Water Management: A water filtration system and a 5,076-gallon water catchment tank ensure a reliable water supply.


  • Climate Control: Mini-split heating and air conditioning systems are installed in all cottages and the workshop, providing efficient climate control.


Leadership Team



As a private residential estate, there is no formal leadership team associated with this property.

Competitor Profile



In the Medina, TX area, the real estate market features various properties with similar characteristics. For instance, the average price of homes in Medina is approximately $632,356, with properties ranging from $370,000 for one-bedroom homes to $897,000 for two-bedroom homes.

Strategic Collaborations and Partnerships



There are no known strategic collaborations or partnerships associated with this property.

Operational Insights



The property's unique features, such as its size, self-sufficiency, and recreational amenities, position it as a distinctive offering in the Medina real estate market. Its secluded location and expansive lot size provide a competitive advantage for buyers seeking privacy and outdoor activities.

Strategic Opportunities and Future Directions



Potential opportunities for the property include:

  • Development of Additional Structures: The ample land area allows for the construction of additional buildings or facilities, catering to various needs.


  • Enhanced Marketing: Highlighting the property's unique features and sustainable living aspects could attract a broader range of prospective buyers.


Contact Information



For inquiries, the property is listed by Fore Premier Properties, with Kathy Nichols as the listing agent. Contact details are available through the listing platforms.
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