1406 County Road 316, Lexington TX 78947

Based on 5 closed sales in 78947, the data points to a value around $739,245 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $724,000 to $754,000. Relative to what's currently available in 78947, this home would be no active comparable homes on the market. This home's larger footprint (1,125 sqft vs the comp average) plays a role in how the market prices it. Being built in 1997 (6 years older than comps) is factored into the value estimate. Market data shows 78947 prices risen 59.3% over the last half year. The closest comparable sale, 1308 Sherrill LN, Lexington TX 78947 at an adjusted $661,263, is with a smaller floor plan. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus