401 Ash ST, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $232,063. To generate strong buyer interest while maximizing value, I'd price this between $158,000 and $168,000. Among the similar homes currently available in 78644, this price point stands out as competitive. The 1920 construction puts this home 27 years older than the comp average, a factor in the pricing. At 0.17 acres, the lot is smaller than the 0.27 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78644 (a buyer's market), competition is a factor to consider. The trend in 78644 shows prices have fallen 6% in the past 6 months. 218 S Rio Grande ST, Lockhart TX 78644 nearby adjusts to $462,836; 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