12802 N Fm 487, Buckholts TX 76518

The estimated value of this property is $398,289, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $325,000 and $663,000. In the current NO market with 0 similar homes available, this price represents no active comparable homes on the market. The 1,178 sqft size difference versus comparable sales is reflected in the adjusted values. The 4.29 acre lot (larger than the 4.11 acre average) is reflected in the estimate. Recent trends in NO show home values have fallen 52.8% since 6 months ago. The most comparable recent sale is 10308 N FM 487, Rockdale TX 76567, with an adjusted value of $324,962; with a larger floor plan. Based on 3 relevant data points in NO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX