700 W Lockhart ST, Kyle TX 78640

Based on 7 closed sales in ORIGINAL TOWN OF KYLE, the data points to a value around $340,388 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $367,000 to $387,000. Relative to what's currently available in ORIGINAL TOWN OF KYLE, this home would be the 4th most expensive of 7 comparable homes on the market. Being built in 1975 (38 years older than comps) is factored into the value estimate. Lot size matters here: 0.33 acres versus 0.22 for the typical comp. With 7 similar homes currently listed in ORIGINAL TOWN OF KYLE (a buyer's market), competition is a factor to consider. Market data shows 78640 prices fallen 6.8% over the last half year. The closest comparable sale, 145 Trinity DR, Kyle TX 78640 at an adjusted $310,982, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ORIGINAL TOWN OF KYLE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group