721 Third ST, Lexington TX 78947

Based on 7 closed sales in NO, the data points to a value around $232,526 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $166,000 to $176,000. This would position the home competitively among 7 active listings in NO. The smaller floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1954 (31 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in NO, listed between $150,000 and $349,500. Market data shows NO prices fallen 3.6% over the last half year. The closest comparable sale, 309 N Rockdale ST, Lexington TX 78947 at an adjusted $254,320, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus