1030 Plum ST, Lockhart TX 78644

After reviewing 7 recent transactions in TRAMMEL REV, I estimate this property's value at $353,412. A competitive list price for this home right now would fall in the $220,000 to $230,000 range. This home's position in the current TRAMMEL REV market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 14 years older than typical comps, the 1954 build date influences the valuation. The larger lot (0.38 acres versus the area average of 0.30) contributes to the valuation. 7 similar homes are currently available in TRAMMEL REV, creating a buyer's market for this price range. Prices in 78644 have fallen 6% over the last 6 months. A similar home at 218 S Rio Grande ST, Lockhart TX 78644 carries an adjusted comparable value of $563,327, providing a strong data point. With 7 comparable sales in TRAMMEL REV, 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