167 Casen ST, Lockhart TX 78616

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $380,926. I'd recommend coming to market at $429,000 to $561,000 to strike the right balance between value and market velocity. Against 1 similar active listings in TUMBLEWEED ESTATES, this price point lands at below the only comparable home currently on the market. The smaller floor plan (253 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.09 acre lot (smaller than the 4.87 acre average) is reflected in the estimate. Right now, 1 similar properties are competing for buyers in TUMBLEWEED ESTATES, listed between $660,000 and $660,000. The trend in 78616 shows prices have fallen 11% in the past 6 months. 123 Casen ST, Dale TX 78616 nearby adjusts to $355,130; with a smaller floor plan. With 5 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