501 El Dorado DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $489,763. For a well positioned listing in LAS ESTANCIASD, I'd target the $247,000 to $257,000 range. In the current LAS ESTANCIASD market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 523 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2021 construction puts this home 11 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in LAS ESTANCIASD, ranging from $230,000 to $849,000. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 749 El Rey DR, Kyle TX 78640, with an adjusted value of $385,421; with a larger floor plan. The 3 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