1043 County Road 405, Lexington TX 78947

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $270,000. Pricing this home between $190,000 and $200,000 would put it in the competitive sweet spot for 78947. Relative to what's currently available in 78947, this home would be the 4th most expensive of 7 comparable homes on the market. Being 293 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5 years older than typical comps, the 1991 build date influences the valuation. There are currently 7 similar homes on the market in 78947, ranging from $174,999 to $390,000. Market data shows 78947 prices risen 1.4% over the last half year. The closest comparable sale, 5999 County Road 326, Lexington TX 78947 at an adjusted $283,163, is a strong comparable. With 7 comparable sales in 78947, 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