804 Hale ST, Lexington TX 78947

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $321,937. To generate strong buyer interest while maximizing value, I'd price this between $272,000 and $282,000. In the current 78947 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Being 408 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.38 acres, the lot is smaller than the 2.43 acre comp average, which factors into pricing. Buyers in 78947 have 7 comparable options right now, with asking prices between $235,000 and $899,500. The trend in 78947 shows prices have fallen 15.9% in the past 6 months. 1487 County Road 405, Lexington TX 78947 nearby adjusts to $394,016; a strong comparable. 7 comparable transactions in 78947 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group