1020 Center ST, Lockhart TX 78644

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $320,623. I'd recommend coming to market at $248,000 to $258,000 to strike the right balance between value and market velocity. Against 7 similar active listings in PARKWAY, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 701 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 7 of 7 comparable homes not offering one. With 7 similar homes currently listed in PARKWAY (a buyer's market), competition is a factor to consider. The trend in 78644 shows prices have fallen 6% in the past 6 months. 1000 Center ST, Lockhart TX 78644 nearby adjusts to $499,793; with a smaller floor plan and no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group