1130 W Live Oak ST, Lockhart TX 78644

The market data from 7 similar recent sales in TRAMMEL REV points to a value of approximately $353,003. To sell within a reasonable timeframe at fair market value, the $280,000 to $290,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in TRAMMEL REV. Being 540 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1947 construction puts this home 62 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in TRAMMEL REV, ranging from $259,800 to $850,000. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 427 Silvercloud DR, Lockhart TX 78644, adjusting to $285,145; 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