408 Neches ST, Lockhart TX 78644

The market data from 7 similar recent sales in EAST SIDE points to a value of approximately $101,138. To sell within a reasonable timeframe at fair market value, the $113,000 to $165,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in EAST SIDE. Being 465 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1920 construction puts this home 29 years older than the comp average, a factor in the pricing. In 78644, home values have fallen approximately 12.4% over the past 6 months. One of the strongest data points is 711 Sabine ST, Lockhart TX 78644, adjusting to $57,440; a strong comparable. 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