1057 CR 405, Lexington TX 78947

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $308,261. I'd recommend coming to market at $237,000 to $247,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78947. This home's larger footprint (623 sqft vs the comp average) plays a role in how the market prices it. The 25.78 acre lot (larger than the 1.01 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78947 (a buyer's market), competition is a factor to consider. The trend in 78947 shows prices have fallen 0.7% in the past 6 months. 321 Douglas ST, Lexington TX 78947 nearby adjusts to $153,482; with a larger floor plan. 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