51 Branding Chase LN, Lockhart TX 78644

The market data from 7 similar recent sales in OAK ACRES points to a value of approximately $226,341. To sell within a reasonable timeframe at fair market value, the $240,000 to $281,000 range is where I'd position this. Among the similar homes currently available in OAK ACRES, this price point stands out as competitive. At 447 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.00 acres, the lot is smaller than the 2.65 acre comp average, which factors into pricing. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 154 Caracara LN, Dale TX 78616, adjusting to $281,108; with a larger floor plan. 7 comparable transactions in OAK ACRES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group