1107 Phillips ST, Lexington TX 78947

My analysis of 7 comparable properties puts this home's estimated value at $268,907. Based on how the local market is moving, a list price between $177,000 and $187,000 would position this home well. Relative to what's currently available in 78947, this home would be the 4th most expensive of 7 comparable homes on the market. Being 170 sqft larger than the average comparable sale in this area impacts the per square foot value. At 19 years older than typical comps, the 1981 build date influences the valuation. Buyers in 78947 have 7 comparable options right now, with asking prices between $174,999 and $375,000. The 6 month price trend in 78947: fallen 21.7%. The best comp here is 113 North Ave, Lexington TX 78947 at an adjusted value of $287,429, 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