3015 County Road 318, Lexington TX 78947

Off Market

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Ed's Opinion of Value

$529,160 Ed's Estimate: $761,634 $1,000,850

Lowest Comp Recommended List: $717,000 to $1,001,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $761,634. For a well positioned listing in 78947, I'd target the $717,000 to $1,001,000 range. In the current 78947 market with 0 similar homes available, this price represents no active comparable homes on the market. Being 731 sqft larger than the average comparable sale in this area impacts the per square foot value. At 44.01 acres, the lot is larger than the 18.30 acre comp average, which factors into pricing. Recent trends in 78947 show home values have risen 38.7% since 6 months ago. The most comparable recent sale is 1027 Shady CIR, Lexington TX 78947, with an adjusted value of $529,160; with a pool. 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

78947 Market Trends

$430,000 Median Sold Price ▲ 38.7% 6mo

$225/sqft Median $/SqFt ▲ 11.9% 6mo

87 days Avg Days on Market 19 days slower

25 homes Active Inventory 13.6 mo supply

95.1% Sale-to-List Ratio

11 Sales (6 months)

Recently Sold Comparables

$529,160 adjusted 1027 Shady CIR, Lexington TX 78947 3bd / 3.0ba • 3,040 sqft • 5 mi Sold 4 months ago

$1,000,850 adjusted 2628 County Road 316, Lexington TX 78947 4bd / 2.0ba • 1,999 sqft • 4.6 mi Sold 2 months ago

$716,544 adjusted 1597 County Road 314, Lexington TX 78947 4bd / 3.0ba • 2,127 sqft • 4.3 mi Sold 2 months ago

5 Beds

3 Baths 3 Full

3,120 Sq Ft

44.012 Acres

2002 Built

About This Property

Beautiful 5 bedroom, 3 bath, 2-story home on 44+ acres w/ 2 ponds, so many great features! High ceilings in living/dining rooms, updated/energy efficient appliances & custom fixtures. Spacious utility room, office/study, and central vaccuum. This property has guest quarters w/ private bath/kitchen, overlooking the pond, barns/sheds, basketball court. Home is elegantly landscaped, and has open living/dining areas, as well as screened-in porches w/ gorgeous views of the countryside. Come and take a look! Guest Accommodations: Yes Restrictions: Unknown

Features

High Ceilings
Multiple Dining Areas
Multiple Living Areas
Primary Bedroom on Main
Wired for Data

Location

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Schools

School District Lexington ISD

Elementary Lexington

Middle School Lexington

High School Lexington

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central

Exterior See Remarks

County Lee

MLS # 5232230

Listing History

MLS# 5232230 193 days

May 27, 2020	Off Market
Oct 5, 2019	Listed	$650,000
Jan 24, 2010	Price Change	$646,000

Frequently Asked Questions About 3015 County Road 318, Lexington TX 78947

When was 3015 County Road 318, Lexington TX 78947 built?

3015 County Road 318, Lexington TX 78947 was built in 2002.

How much does 3015 County Road 318, Lexington TX 78947 cost?

3015 County Road 318, Lexington TX 78947 sold on May 27, 2020. Contact us for sale price details.

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