1158 Fm 713, Lockhart TX 78644

The market data from 7 similar recent sales in GEORGE JAMES points to a value of approximately $362,997. To sell within a reasonable timeframe at fair market value, the $352,000 to $374,000 range is where I'd position this. With 1 comparable homes on the market in GEORGE JAMES, this price positions the property as below the only comparable home currently on the market. At 286 sqft smaller than the typical comp, the size difference factors into the valuation. The 1984 construction puts this home 16 years newer than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in GEORGE JAMES; a buyer's market based on recent absorption. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 802 San Jacinto ST, Lockhart TX 78644, adjusting to $281,175; with a smaller floor plan. 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