502 Thousand Oaks DR, Cedar Creek TX 78612

The market data from 7 similar recent sales in THOUSAND OAKS points to a value of approximately $436,216. To sell within a reasonable timeframe at fair market value, the $301,000 to $311,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in THOUSAND OAKS. At 2.00 acres, the lot is smaller than the 2.11 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in THOUSAND OAKS; a buyer's market based on recent absorption. In THOUSAND OAKS, home values have risen approximately 0.9% over the past 6 months. One of the strongest data points is 189 Shady Oaks LOOP, Cedar Creek TX 78612, adjusting to $583,504; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group