1051 Private Road 4051, Lexington TX 78947

The market data from 7 similar recent sales in 78947 points to a value of approximately $270,877. To sell within a reasonable timeframe at fair market value, the $161,000 to $171,000 range is where I'd position this. Among the similar homes currently available in 78947, this price point stands out as competitive. Being 547 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.36 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78947, ranging from $145,000 to $550,000. In 78947, home values have risen approximately 36.5% over the past 6 months. One of the strongest data points is 113 North Ave, Lexington TX 78947, adjusting to $296,829; with a smaller floor plan. 7 comparable transactions in 78947 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group