7398 N Highway 77, Lexington TX 78947

Lexington, TX 78947 | Wiley M Head Surv A-156

Ed's Opinion of Value

$149,522 Ed's Estimate: $409,419 $575,608
Lowest Comp Recommended List: $401,000 to $418,000 Highest Comp

Listing History

$179,000 List Price
$419,020 Comp Value
1 Price Reductions

This property was listed at $179,000 and withdrawn after 301 days on market. The price was reduced from $220,000 to $179,000. This listing activity factors into the valuation.

After reviewing 7 recent transactions in 78947, I estimate this property's value at $409,419. A competitive list price for this home right now would fall in the $401,000 to $418,000 range. Buyers shopping in 78947 right now would see this as a well positioned option among 1 comparable homes. The 151 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (2.50 acres versus the area average of 3.94) contributes to the valuation. With 7 comparable sales in 78947, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
6 Beds
4 Baths
2,072 Sq Ft
2.5 Acres
2011 Built

About This Property

Convenience on Hwy 77 -- easy in/easy out. When you have 5+ acres with public water, electric and septic in place, shade trees around the home site, open pasture and heavy woods by the wet weather creek, you can have a place ready for putting down roots. The existing water well will help with outdoor watering. The property lends itself to outdoor activities along with FFA/4H projects. FEMA - Unknown Restrictions: Unknown

Location

Schools

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

Property Details

Property Type Residential
Heating None
Exterior None
County Lee
MLS # 2153194

Listing History

MLS# 2153194 301 days (852 CDOM)
Aug 22, 2016 Off Market
Oct 6, 2015 Listed $220,000
Mar 4, 2011 Price Change $179,000

Frequently Asked Questions About 7398 N Highway 77, Lexington TX 78947

When was 7398 N Highway 77, Lexington TX 78947 built?

7398 N Highway 77, Lexington TX 78947 was built in 2011.

How much does 7398 N Highway 77, Lexington TX 78947 cost?

7398 N Highway 77, Lexington TX 78947 is currently off market.

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