5698 E FM 20, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $401,097. For a well positioned listing in 78644, I'd target the $392,000 to $621,000 range. Against 1 similar active listings in 78644, this price point lands at below the only comparable home currently on the market. At 179 sqft larger than the typical comp, the size difference factors into the valuation. The 1999 construction puts this home 15 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in 78644, creating a buyer's market for this price range. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 139 Azalea CT, Dale TX 78616, with an adjusted value of $335,216; with a smaller 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