1111 S Commerce ST, Lockhart TX 78644

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $182,066. I'd recommend coming to market at $108,000 to $118,000 to strike the right balance between value and market velocity. In the current SOUTH HEIGHTS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Built in 1935, this home is 68 years older than the average comp, which is reflected in the adjustments. The 0.23 acre lot (larger than the 0.18 acre average) is reflected in the estimate. 3 similar homes are currently available in SOUTH HEIGHTS, creating a buyer's market for this price range. The trend in SOUTH HEIGHTS shows prices have risen 11% in the past 6 months. 905 Luann LN, Lockhart TX 78644 nearby adjusts to $108,900; with a smaller floor plan. 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