716 Third ST, Lexington TX 78947

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $172,950. I'd recommend coming to market at $216,000 to $217,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 78947, this price positions the property as the most affordable of 3 comparable homes on the market. The 0.14 acre lot (smaller than the 0.33 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in 78947, ranging from $190,000 to $280,000. The trend in 78947 shows prices have risen 1.4% in the past 6 months. 1221 Giddings ST, Lexington TX 78947 nearby adjusts to $136,860; with a smaller floor plan. Based on 7 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