507 Saint Thomas ST, Lockhart TX 78644

The estimated value of this property is $318,775, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $309,000 and $328,000. Against 4 similar active listings in CLEAR FORK ESTATES, this price point lands at the 2nd most expensive of 4 comparable homes on the market. This home's larger footprint (300 sqft vs the comp average) plays a role in how the market prices it. The 0.32 acre lot (larger than the 0.22 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in CLEAR FORK ESTATES; a buyer's market based on recent absorption. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 1410 Colton LN, Lockhart TX 78644, with an adjusted value of $295,759; a strong comparable. Based on 4 relevant data points in CLEAR FORK ESTATES, 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