407 Sabine ST, Lockhart TX 78644

The estimated value of this property is $132,114, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $77,000 and $87,000. With 4 comparable homes on the market in EAST SIDE, this price positions the property as the most expensive of 4 comparable homes on the market. The smaller floor plan (592 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1910, this home is 49 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in EAST SIDE, listed between $79,999 and $104,500. Recent trends in 78644 show home values have risen 8.1% since 6 months ago. The most comparable recent sale is 906 E Live Oak ST, Lockhart TX 78644, with an adjusted value of $154,801; with a larger floor plan. Based on 7 relevant data points in EAST SIDE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX