1324 Torres ST, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $176,545. To generate strong buyer interest while maximizing value, I'd price this between $204,000 and $238,000. Against 2 similar active listings in ELLISONDIVISION, this price point lands at the most affordable of 2 comparable homes on the market. The 1945 construction puts this home 59 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Buyers in ELLISONDIVISION have 2 comparable options right now, with asking prices between $254,500 and $539,000. The trend in 78644 shows prices have risen 3.1% in the past 6 months. 420 Halfmoon DR, Lockhart TX 78644 nearby adjusts to $160,612; with a larger floor plan. 7 comparable transactions in ELLISONDIVISION support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group