505 Longhorn Cavern RD, Leander TX 78641

The estimated value of this property is $388,800, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $448,000 and $493,000. In the current NORTHSIDE MEADOW market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The larger floor plan (222 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. 4 similar homes are currently available in NORTHSIDE MEADOW, creating a buyer's market for this price range. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 529 Jess Maynard TRL, Leander TX 78641, with an adjusted value of $408,910; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group