213 Cherry DR, Lexington TX 78947

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $154,196. To generate strong buyer interest while maximizing value, I'd price this between $219,000 and $261,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78947. The 1967 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78947; a buyer's market based on recent absorption. The trend in 78947 shows prices have risen 36.5% in the past 6 months. 8850 N Highway 77 Highway, Lexington TX 78947 nearby adjusts to $122,798; a strong comparable. The 3 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