422 Railyard DR, Kyle TX 78640

The market data from 7 similar recent sales in 78640 points to a value of approximately $159,779. To sell within a reasonable timeframe at fair market value, the $159,000 to $169,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in 78640. Being 110 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2001 construction puts this home 25 years older than the comp average, a factor in the pricing. In 78640, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 178 Meuse LN, Kyle TX 78640, adjusting to $154,799; with a larger floor plan. The 7 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