4255 W Fm 696, Lexington TX 78947

The estimated value of this property is $598,980, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $342,000 and $352,000. Among the similar homes currently available in 78947, this price point stands out as competitive. Built in 1993, this home is 6 years older than the average comp, which is reflected in the adjustments. The 18.00 acre lot (larger than the 8.75 acre average) is reflected in the estimate. Buyers in 78947 have 4 comparable options right now, with asking prices between $340,000 and $990,000. Recent trends in 78947 show home values have fallen 21.7% since 6 months ago. The most comparable recent sale is 1308 Sherrill LN, Lexington TX 78947, with an adjusted value of $574,791; a strong comparable. Based on 4 relevant data points in 78947, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX