1002 Red River ST, Lockhart TX 78644

The market data from 7 similar recent sales in LOCKHART BYRD points to a value of approximately $240,914. To sell within a reasonable timeframe at fair market value, the $114,000 to $124,000 range is where I'd position this. In the current LOCKHART BYRD market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1905 construction puts this home 77 years older than the comp average, a factor in the pricing. At 0.34 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LOCKHART BYRD; a buyer's market based on recent absorption. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 309 Bois D Arc ST, Lockhart TX 78644, adjusting to $270,277; with a larger floor plan. 7 comparable transactions in LOCKHART BYRD 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