1181 Private Road 7039, Lexington TX 78947

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $554,540. To generate strong buyer interest while maximizing value, I'd price this between $648,000 and $667,000. In the current 78947 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. Being 434 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2020 construction puts this home 14 years newer than the comp average, a factor in the pricing. With 2 similar homes currently listed in 78947 (a buyer's market), competition is a factor to consider. The trend in 78947 shows prices have risen 38.7% in the past 6 months. 4992 Fm 1624, Lexington TX 78947 nearby adjusts to $465,495; a strong comparable. 5 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