156 Onyx Lake DR, Kyle TX 78640

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $285,972. I'd recommend coming to market at $311,000 to $319,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in SOUTHLAKE RANCH PH THREE, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. With 5 similar homes currently listed in SOUTHLAKE RANCH PH THREE (a buyer's market), competition is a factor to consider. The trend in 78640 shows prices have fallen 0.3% in the past 6 months. 173 Ruby Lake DR, Kyle TX 78640 nearby adjusts to $255,595; a strong comparable. Based on 7 relevant data points in SOUTHLAKE RANCH PH THREE, 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