208 Hale ST, Lexington TX 78947

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $211,235. To generate strong buyer interest while maximizing value, I'd price this between $159,000 and $169,000. Among the similar homes currently available in 78947, this price point stands out as competitive. The 1950 construction puts this home 38 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in 78947; a buyer's market based on recent absorption. The trend in 78947 shows prices have fallen 21.7% in the past 6 months. 309 N Rockdale ST, Lexington TX 78947 nearby adjusts to $218,588; a strong comparable. 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