4850 Old Mcmahan, Lockhart TX 78644

Based on 7 closed sales in 78644, the data points to a value around $284,381 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $279,000 to $290,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in 78644's current inventory. Being built in 1998 (21 years older than comps) is factored into the value estimate. Lot size matters here: 11.00 acres versus 0.74 for the typical comp. Current inventory shows 3 comparable homes in 78644; a buyer's market based on recent absorption. Market data shows 78644 prices risen 13.9% over the last half year. The closest comparable sale, 2300 Windrow LN, Lockhart TX 78644 at an adjusted $260,236, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78644. 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