111 Tamara TRL, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $576,735. For a well positioned listing in 78640, I'd target the $585,000 to $615,000 range. In the current 78640 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (336 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. The active market in 78640 includes 3 comparable homes priced from $469,990 to $949,999. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 404 Ancient Oak WAY, San Marcos TX 78666, with an adjusted value of $577,473; with a smaller floor plan and no pool. 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