1211 5th ST, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $165,014. For a well positioned listing in F &, I'd target the $215,000 to $235,000 range. Against 3 similar active listings in F &, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (171 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.21 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in F &, ranging from $150,999 to $249,000. Recent trends in 78644 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 1409 4th ST, Lockhart TX 78644, with an adjusted value of $237,432; 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