195 Branding Iron TRL, Lockhart TX 78644

After reviewing 6 recent transactions in OAK ACRES, I estimate this property's value at $306,178. A competitive list price for this home right now would fall in the $258,000 to $268,000 range. Buyers shopping in OAK ACRES right now would see this as a well positioned option among 1 comparable homes. The smaller floor plan (459 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (6.84 acres versus the area average of 5.91) contributes to the valuation. With 1 similar homes currently listed in OAK ACRES (a buyer's market), competition is a factor to consider. Prices in 78644 have risen 2.7% over the last 6 months. A similar home at 190 Branding Iron TRL, Lockhart TX 78644 carries an adjusted comparable value of $327,778, providing a strong data point. With 6 comparable sales in OAK ACRES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group