200 Mayfield LN, Lockhart TX 78644

The market data from 5 similar recent sales in 78644 points to a value of approximately $350,759. To sell within a reasonable timeframe at fair market value, the $340,000 to $361,000 range is where I'd position this. With 0 comparable homes on the market in 78644, this price positions the property as no active comparable homes on the market. Being 851 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 14.18 acres, the lot is larger than the 5.09 acre comp average, which factors into pricing. In 78644, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 1159 Old Lytton Springs RD, Lockhart TX 78644, adjusting to $295,412; with a larger floor plan. 5 comparable transactions in 78644 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