391 Railyard DR, Kyle TX 78640

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $183,597. Pricing this home between $180,000 and $187,000 would put it in the competitive sweet spot for 78640. This home's position in the current 78640 market: the most expensive of 2 comparable homes on the market among comparable properties. The smaller floor plan (138 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.20 acres versus the area average of 0.79) contributes to the valuation. Right now, 2 similar properties are competing for buyers in 78640, listed between $165,000 and $214,750. Market data shows 78640 prices fallen 3.2% over the last half year. The closest comparable sale, 603 Stag Horn PASS, Kyle TX 78640 at an adjusted $117,104, is a strong comparable. With 7 comparable sales in 78640, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group