1301 The Cape RD # 3, Horseshoe Bay TX 78657

The estimated value of this property is $980,965, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $523,000 and $533,000. Among the similar homes currently available in 78657, this price point stands out as competitive. The larger floor plan (108 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.06 acre lot (smaller than the 0.45 acre average) is reflected in the estimate. The active market in 78657 includes 7 comparable homes priced from $499,000 to $1,249,000. Recent trends in 78657 show home values have fallen 18% since 6 months ago. The most comparable recent sale is 609 Hi Stirrup, Horseshoe Bay TX 78657, with an adjusted value of $762,843; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group