1310 Hondo ST, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $253,671. To generate strong buyer interest while maximizing value, I'd price this between $114,000 and $124,000. Against 2 similar active listings in 78644, this price point lands at the most expensive of 2 comparable homes on the market. The larger floor plan (272 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2008 construction puts this home 24 years newer than the comp average, a factor in the pricing. The active market in 78644 includes 2 comparable homes priced from $105,000 to $206,000. The trend in 78644 shows prices have fallen 6% in the past 6 months. 6 Trinity CIR, Lockhart TX 78644 nearby adjusts to $231,750; 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