4604 W Fm 696, Lexington TX 78947

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $495,274. To generate strong buyer interest while maximizing value, I'd price this between $363,000 and $373,000. Among the similar homes currently available in 78947, this price point stands out as competitive. At 367 sqft larger than the typical comp, the size difference factors into the valuation. The 1983 construction puts this home 16 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 78947, ranging from $340,000 to $990,000. The trend in 78947 shows prices have fallen 21.7% in the past 6 months. 1308 Sherrill LN, Lexington TX 78947 nearby adjusts to $505,914; with a smaller floor plan. The 4 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