120 Tanglewood TRL, Elgin TX 78621

The market data from 7 similar recent sales in CEDAR HILLS points to a value of approximately $338,988. To sell within a reasonable timeframe at fair market value, the $247,000 to $257,000 range is where I'd position this. Against 7 similar active listings in CEDAR HILLS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 0.38 acres, the lot is smaller than the 2.45 acre comp average, which factors into pricing. Buyers in CEDAR HILLS have 7 comparable options right now, with asking prices between $260,000 and $399,500. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 230 Cedar Hills DR, Elgin TX 78621, adjusting to $344,754; with a larger floor plan. 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