107 Tonkawa TRL W, Lakeway TX 78738

After reviewing 5 recent transactions in 78738, I estimate this property's value at $1,044,261. A competitive list price for this home right now would fall in the $793,000 to $803,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78738's current inventory. At 307 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.48 acres versus the area average of 0.39) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78738, listed between $800,000 and $1,490,000. Prices in 78738 have fallen 2.7% over the last 6 months. A similar home at 312 Ringtail Stream DR, Austin TX 78738 carries an adjusted comparable value of $1,087,759, providing a strong data point. With 5 comparable sales in 78738, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group