Ed's Opinion of Value

$275,000 Ed's Estimate: $344,360 $515,503
Lowest Comp Recommended List: $226,000 to $236,000 Highest Comp
Based on 7 closed sales in 78947, the data points to a value around $344,360 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $226,000 to $236,000. This would position the home competitively among 6 active listings in 78947. The larger floor plan (275 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2017 (14 years newer than comps) is factored into the value estimate. The active market in 78947 includes 6 comparable homes priced from $235,000 to $375,000. Market data shows 78947 prices fallen 21.7% over the last half year. The closest comparable sale, 815 Giddings ST, Lexington TX 78947 at an adjusted $302,514, is a strong comparable. This estimate draws on 7 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
3 Beds
2 Baths 2 Full
1,783 Sq Ft
0.338 Acres
2017 Built
2 Garage

About This Property

Beautiful, open-concept 3BR/2B 1,783 sqft. Austin stone and stucco home with many high-end finishes and upgrades (Memory Foam carpet, floating vinyl flooring, spray-foamed attic & 10 yr. slab warranty) in nice neighborhood with no thru traffic!
This home features a great entertaining layout with the kitchen, dining and living areas opening onto a covered back porch, open patio overlooking a large, fenced and very private backyard and custom greenhouse.
Perfect for gardening, gatherings and entertaining!Restrictions: Yes

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • High Ceilings
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Lexington ISD
Elementary Lexington
Middle School Lexington
High School Lexington

Property Details

Property Type Residential
Flooring Carpet, Vinyl
Cooling Central Air
Heating Central, Propane
Exterior Gutters Full, No Exterior Steps
County Lee
MLS # 4116268

Parking

Garage 2 spaces

Listing History

MLS# 4116268 30 days (213 CDOM)
Feb 28, 2020 Off Market
Feb 5, 2020 Pending
Jan 6, 2020 Listed $299,000

Frequently Asked Questions About 216 Nursery DR, Lexington TX 78947

When was 216 Nursery DR, Lexington TX 78947 built?

216 Nursery DR, Lexington TX 78947 was built in 2017.

How much does 216 Nursery DR, Lexington TX 78947 cost?

216 Nursery DR, Lexington TX 78947 sold on February 28, 2020. Contact us for sale price details.

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