1607 Meadow LN, Lockhart TX 78644

The market data from 7 similar recent sales in ISLAS points to a value of approximately $267,125. To sell within a reasonable timeframe at fair market value, the $305,000 to $320,000 range is where I'd position this. Among the similar homes currently available in ISLAS, this price point stands out as competitive. At 0.34 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in ISLAS, listed between $240,000 and $485,000. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 1508 Sunrise Terrace DR, Lockhart TX 78644, adjusting to $286,586; 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