802 Old Stagecoach RD, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $320,208. For a well positioned listing in 78640, I'd target the $252,000 to $262,000 range. Among the similar homes currently available in 78640, this price point stands out as competitive. The 1969 construction puts this home 49 years older than the comp average, a factor in the pricing. At 5.78 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78640; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 350 Mustang BND, Kyle TX 78640, with an adjusted value of $340,097; a strong comparable. 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