305 S Rio Grande ST, Lockhart TX 78644

Based on 7 closed sales in MATHIS, the data points to a value around $232,997 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $197,000 to $207,000. Buyers shopping in MATHIS right now would see this as a well positioned option among 6 comparable homes. Being built in 1922 (81 years older than comps) is factored into the value estimate. Lot size matters here: 0.47 acres versus 0.19 for the typical comp. There are currently 6 similar homes on the market in MATHIS, ranging from $190,000 to $309,000. Market data shows 78644 prices fallen 6% over the last half year. The closest comparable sale, 2413 Blue Sky LN, Lockhart TX 78644 at an adjusted $286,698, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MATHIS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group