507 Neches ST, Lockhart TX 78644

Lockhart, TX 78644 | East Side

Ed's Opinion of Value

$75,000 Ed's Estimate: $106,048 $191,760
Lowest Comp Recommended List: $74,000 to $84,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $106,048. To generate strong buyer interest while maximizing value, I'd price this between $74,000 and $84,000. With 3 comparable homes on the market in EAST SIDE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 258 sqft size difference versus comparable sales is reflected in the adjusted values. The 1935 construction puts this home 8 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in EAST SIDE, creating a buyer's market for this price range. The trend in 78644 shows prices have fallen 5.2% in the past 6 months. 513 Ruddy ST, Lockhart TX 78644 nearby adjusts to $79,913; 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
1 Beds
1 Baths 1 Full
744 Sq Ft
0.133 Acres
1935 Built

About This Property

Looking for an investment property here is a 1 bedroom, 1 full bath home with living area, kitchen with dining area, washer connections, gas water heater and gas in kitchen for cooking, home is on a large corner lot with fenced yard. Home needs work but has lots of potential. Detached carport, wood flooring, window units and kitchen appliances belong to tenants. Seller selling as is. No survey. verify schools. Must have a 24 hour appointment. Do not go onto the property due to dogs.FEMA - Unknown Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

School District Lockhart ISD
Elementary Plum Creek
Middle School Lockhart
High School Lockhart

Property Details

Property Type Residential
Flooring Wood
Cooling None
Heating None
Exterior None
County Caldwell
MLS # 1985893

Listing History

MLS# 1985893 54 days
Oct 21, 2019 Off Market
Oct 7, 2019 Pending
Aug 14, 2019 Listed $68,000

Frequently Asked Questions About 507 Neches ST, Lockhart TX 78644

When was 507 Neches ST, Lockhart TX 78644 built?

507 Neches ST, Lockhart TX 78644 was built in 1935.

How much does 507 Neches ST, Lockhart TX 78644 cost?

507 Neches ST, Lockhart TX 78644 sold on October 21, 2019. Contact us for sale price details.

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