1312 Redbud TRL, Lockhart TX 78644

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $278,849. I'd recommend coming to market at $329,000 to $332,000 to strike the right balance between value and market velocity. In the current WOODLAWN market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 1972, this home is 11 years older than the average comp, which is reflected in the adjustments. The 0.35 acre lot (larger than the 0.25 acre average) is reflected in the estimate. The active market in WOODLAWN includes 7 comparable homes priced from $265,000 to $385,000. The trend in 78644 shows prices have fallen 6% in the past 6 months. 1306 Woodlawn ST, Lockhart TX 78644 nearby adjusts to $247,759; 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