101 W Tonkawa TRL, Lakeway TX 78738

The market data from 5 similar recent sales in 78738 points to a value of approximately $822,411. To sell within a reasonable timeframe at fair market value, the $387,000 to $397,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78738. At 0.50 acres, the lot is larger than the 0.40 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78738, listed between $350,000 and $769,000. In 78738, home values have risen approximately 7.4% over the past 6 months. One of the strongest data points is 133 Crest View DR, Lakeway TX 78734, adjusting to $629,668; with a smaller floor plan. 5 comparable transactions in 78738 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group