311 S Commerce ST, Lockhart TX 78644

The market data from 7 similar recent sales in O T LOCKHART points to a value of approximately $270,525. To sell within a reasonable timeframe at fair market value, the $290,000 to $292,000 range is where I'd position this. With 3 comparable homes on the market in O T LOCKHART, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (287 sqft vs the comp average) plays a role in how the market prices it. The 1935 construction puts this home 63 years older than the comp average, a factor in the pricing. 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