6748 River Oaks DR, Kingsland TX 78639

After reviewing 7 recent transactions in ROYAL OAKS ESTATES -4, I estimate this property's value at $262,436. A competitive list price for this home right now would fall in the $131,000 to $141,000 range. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in ROYAL OAKS ESTATES -4's current inventory. The larger lot (1.30 acres versus the area average of 0.59) contributes to the valuation. Right now, 7 similar properties are competing for buyers in ROYAL OAKS ESTATES -4, listed between $145,000 and $800,000. Prices in 78639 have fallen 19.9% over the last 6 months. A similar home at 5898 RIVER OAKS DR, Kingsland TX 78639 carries an adjusted comparable value of $504,423, providing a strong data point. With 7 comparable sales in ROYAL OAKS ESTATES -4, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group