120 CR 120/WILLIAMSON RD, Kyle TX 78640

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $368,099. I'd recommend coming to market at $233,000 to $243,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78640, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Built in 1987, this home is 15 years older than the average comp, which is reflected in the adjustments. The 11.43 acre lot (larger than the 0.43 acre average) is reflected in the estimate. Buyers in 78640 have 7 comparable options right now, with asking prices between $220,000 and $549,000. The trend in 78640 shows prices have fallen 2.6% in the past 6 months. 2687 Cotton Gin RD, Kyle TX 78640 nearby adjusts to $612,423; a strong comparable. 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