1026 Private Road 7022, Lexington TX 78947

The estimated value of this property is $461,966, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $341,000 and $351,000. Against 2 similar active listings in 78947, this price point lands at the most expensive of 2 comparable homes on the market. The larger floor plan (699 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2004, this home is 11 years newer than the average comp, which is reflected in the adjustments. Buyers in 78947 have 2 comparable options right now, with asking prices between $300,000 and $354,000. Recent trends in 78947 show home values have risen 36.5% since 6 months ago. The most comparable recent sale is 6009 County Road 326, Lexington TX 78947, with an adjusted value of $624,558; with a smaller floor plan and a pool. Based on 7 relevant data points in 78947, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX