815 LLOYD LN, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $274,012. For a well positioned listing in RED TOWN, I'd target the $291,000 to $315,000 range. Among the similar homes currently available in RED TOWN, this price point stands out as competitive. The smaller floor plan (215 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1983 construction puts this home 15 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in RED TOWN, ranging from $246,990 to $299,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 202 S Ave B, Elgin TX 78621, with an adjusted value of $120,519; 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