101 ILA STREET E, Elgin TX 78621

Based on 7 closed sales in LEXINGTON ESTATES, the data points to a value around $263,827 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $221,000 to $231,000. This would position the home competitively among 7 active listings in LEXINGTON ESTATES. Being built in 1972 (13 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.52 for the typical comp. With 7 similar homes currently listed in LEXINGTON ESTATES (a buyer's market), competition is a factor to consider. Market data shows 78621 prices fallen 1.3% over the last half year. The closest comparable sale, 616 Mogonye LN, Elgin TX 78621 at an adjusted $200,630, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus