2423 FM 672, Lockhart TX 78644

The market data from 7 similar recent sales in 78644 points to a value of approximately $426,235. To sell within a reasonable timeframe at fair market value, the $350,000 to $404,000 range is where I'd position this. In the current 78644 market with 0 similar homes available, this price represents no active comparable homes on the market. Being 1,507 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 3383 E FM 20, Lockhart TX 78644, adjusting to $665,448; with a larger floor plan. 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