5505 Old Mcmahan RD, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $286,173. To generate strong buyer interest while maximizing value, I'd price this between $354,000 and $359,000. Against 1 similar active listings in 78644, this price point lands at below the only comparable home currently on the market. This home's larger footprint (460 sqft vs the comp average) plays a role in how the market prices it. The 2000 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78644, ranging from $1,200,000 to $1,200,000. The trend in 78644 shows prices have fallen 5.9% in the past 6 months. 705 Thompson RD, Dale TX 78616 nearby adjusts to $158,220; with a larger floor plan. The 5 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