506 Martin Luther King Jr ST, Georgetown TX 78626

Georgetown, TX 78626 | South San Gabriel Urban Renewal

Ed's Opinion of Value

$204,920 Ed's Estimate: $234,859 $449,500
Lowest Comp Recommended List: $255,000 to $324,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $234,859. To generate strong buyer interest while maximizing value, I'd price this between $255,000 and $324,000. Among the similar homes currently available in SOUTH SAN GABRIEL URBAN RENEWAL, this price point stands out as competitive. At 119 sqft smaller than the typical comp, the size difference factors into the valuation. The 1975 construction puts this home 14 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in SOUTH SAN GABRIEL URBAN RENEWAL; a buyer's market based on recent absorption. The trend in 78626 shows prices have fallen 5.3% in the past 6 months. 102 E Spring ST, Georgetown TX 78626 nearby adjusts to $204,920; with a larger floor plan. 7 comparable transactions in SOUTH SAN GABRIEL URBAN RENEWAL support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
1 Baths 1 Full
1,080 Sq Ft
0.17 Acres
1975 Built

About This Property

Owner financing available.Be right across the street from the Justice Center on MLK in Downtown Georgetown.Currently zoned residential,may have commercial potential.Bail bond office next door.House on other side for sale for 284k.FEMA - Unknown Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

School District Georgetown ISD
Elementary Pat Cooper
Middle School James Tippit
High School Georgetown

Property Details

Property Type Residential Lease
Flooring Vinyl
Cooling Central Air
Heating Central
Exterior None
MLS # 9799779

Listing History

MLS# 9799779 37 days
Nov 24, 2023 Off Market
Oct 18, 2023 Listed $1,725
Mar 21, 2007 Price Change $1,675

Frequently Asked Questions About 506 Martin Luther King Jr ST, Georgetown TX 78626

When was 506 Martin Luther King Jr ST, Georgetown TX 78626 built?

506 Martin Luther King Jr ST, Georgetown TX 78626 was built in 1975.

How much does 506 Martin Luther King Jr ST, Georgetown TX 78626 cost?

506 Martin Luther King Jr ST, Georgetown TX 78626 sold on November 24, 2023. Contact us for sale price details.

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