1107 W Live Oak ST, Lockhart TX 78644

The market data from 7 similar recent sales in TRAMMEL REV points to a value of approximately $292,758. To sell within a reasonable timeframe at fair market value, the $235,000 to $245,000 range is where I'd position this. Against 7 similar active listings in TRAMMEL REV, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 1950 construction puts this home 45 years older than the comp average, a factor in the pricing. At 0.37 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Buyers in TRAMMEL REV have 7 comparable options right now, with asking prices between $249,999 and $557,000. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 912 Merritt DR, Lockhart TX 78644, adjusting to $470,648; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group