1905 County Road 405, Lexington TX 78947

The market data from 7 similar recent sales in 78947 points to a value of approximately $302,425. To sell within a reasonable timeframe at fair market value, the $194,000 to $204,000 range is where I'd position this. With 6 comparable homes on the market in 78947, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. The 1990 construction puts this home 14 years older than the comp average, a factor in the pricing. Buyers in 78947 have 6 comparable options right now, with asking prices between $174,999 and $350,000. In 78947, home values have risen approximately 3% over the past 6 months. One of the strongest data points is 113 North Ave, Lexington TX 78947, adjusting to $329,217; with no pool. 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