1041 Private Road 4051, Lexington TX 78947

Reviewing the most recent comparable transactions, this home's market value falls around $203,244. For a well positioned listing in 78947, I'd target the $162,000 to $172,000 range. Among the similar homes currently available in 78947, this price point stands out as competitive. The 1982 construction puts this home 12 years newer than the comp average, a factor in the pricing. At 0.54 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Buyers in 78947 have 7 comparable options right now, with asking prices between $174,999 and $349,500. Recent trends in 78947 show home values have risen 15% since 6 months ago. The most comparable recent sale is 113 North Ave, Lexington TX 78947, with an adjusted value of $261,801; with a larger floor plan. The 3 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