2675 Old Kelley RD, Lockhart TX 78644

Based on 7 closed sales in K-5 ACRESDIVISION, the data points to a value around $231,525 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $225,000 to $238,000. Relative to what's currently available in K-5 ACRESDIVISION, this home would be below the only comparable home currently on the market. Being built in 2005 (21 years older than comps) is factored into the value estimate. Lot size matters here: 2.01 acres versus 0.13 for the typical comp. Current inventory shows 1 comparable homes in K-5 ACRESDIVISION; a buyer's market based on recent absorption. Market data shows 78644 prices risen 0.7% over the last half year. The closest comparable sale, 426 Silvercloud DR, Lockhart TX 78644 at an adjusted $235,973, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus