503 Hackberry ST, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $461,654. To generate strong buyer interest while maximizing value, I'd price this between $190,000 and $200,000. Against 4 similar active listings in FRANCIS BERRY, this price point lands at the most expensive of 4 comparable homes on the market. The 127 sqft size difference versus comparable sales is reflected in the adjusted values. The 1977 construction puts this home 6 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in FRANCIS BERRY, listed between $183,000 and $449,000. The trend in 78644 shows prices have risen 5.2% in the past 6 months. 912 Merritt DR, Lockhart TX 78644 nearby adjusts to $519,756; with a smaller floor plan. The 3 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