141 Onyx Lake DR, Kyle TX 78640

The market data from 5 similar recent sales in SOUTHLAKE RANCH PH THREE points to a value of approximately $261,148. To sell within a reasonable timeframe at fair market value, the $256,000 to $266,000 range is where I'd position this. With 4 comparable homes on the market in SOUTHLAKE RANCH PH THREE, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 2007 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 4 similar homes currently listed in SOUTHLAKE RANCH PH THREE (a buyer's market), competition is a factor to consider. In 78640, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 132 Mansfield Lake TRL, Kyle TX 78640, adjusting to $272,926; with a smaller floor plan. The 5 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