5617 F.M. 1624, Lexington TX 78947

Lexington, TX 78947 | A062 CRUNK, N.S.

Ed's Opinion of Value

$525,030 Ed's Estimate: $602,609 $749,900
Lowest Comp Recommended List: $666,000 to $683,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $602,609. To generate strong buyer interest while maximizing value, I'd price this between $666,000 and $683,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78947. The larger floor plan (1,016 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1999 construction puts this home 6 years older than the comp average, a factor in the pricing. Buyers in 78947 have 1 comparable options right now, with asking prices between $749,900 and $749,900. The trend in 78947 shows prices have fallen 4.3% in the past 6 months. 1032 Private Road 7039, Lexington TX 78947 nearby adjusts to $525,030; with a smaller floor plan. The 6 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
4 Beds
3 Baths 3 Full
2,908 Sq Ft
5.5 Acres
1999 Built
4 Garage

About This Property

4 bedroom, 3 bathroom home with so much to offer. Gorgeous views of the country side, large entertainment area, 40'x20' storage shed; 14'x30' storage; large game room/could be fifth bedroom on 2nd level of home w/ beautiful hardwood floors. Kitchen has breakfast bar, open to living room/dining room. Walk-in shower in master w/ double vanity, walk-in closets. Storage building converted into workout room w/ bathroom.

Features

  • Breakfast Bar
  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Residential
Flooring Concrete, Wood
Cooling Central Air
Heating Central
Exterior None
County Lee
MLS # 4220212
Garage 4 spaces

Listing History

MLS# 4220212 40 days
Oct 27, 2017 Off Market
Oct 10, 2017 Pending
Oct 5, 2017 Price Change $370,000
Aug 31, 2017 Listed $349,000

Frequently Asked Questions About 5617 F.M. 1624, Lexington TX 78947

When was 5617 F.M. 1624, Lexington TX 78947 built?

5617 F.M. 1624, Lexington TX 78947 was built in 1999.

How much does 5617 F.M. 1624, Lexington TX 78947 cost?

5617 F.M. 1624, Lexington TX 78947 sold on October 27, 2017. Contact us for sale price details.

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