1684 E Fm 696, Lexington TX 78947

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $351,891. To generate strong buyer interest while maximizing value, I'd price this between $374,000 and $436,000. With 2 comparable homes on the market in 78947, this price positions the property as the most affordable of 2 comparable homes on the market. The larger floor plan (700 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1964 construction puts this home 21 years older 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 fallen 10.1% in the past 6 months. 321 Douglas ST, Lexington TX 78947 nearby adjusts to $172,235; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group