7 recent sales within a few blocks of this address suggest a current value of $228,705. My recommended list price range for this property would be $258,000 to $264,000. With 5 comparable homes on the market in SPRING BRANCH II, this price positions the property as the most affordable of 5 comparable homes on the market. The 0.00 acre lot (smaller than the 0.17 acre average) is reflected in the estimate. The active market in SPRING BRANCH II includes 5 comparable homes priced from $249,000 to $950,000. In 78640, home values have fallen approximately 6.6% over the past 6 months. One of the strongest data points is 132 Hunter Rex WAY, Kyle TX 78640, adjusting to $224,480; a strong comparable. Based on 7 relevant data points in SPRING BRANCH II, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX