5617 F.M. 1624, Lexington TX 78947

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