7286 State Park RD, Lockhart TX 78644

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $419,302. I'd recommend coming to market at $497,000 to $552,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in 78644. Built in 1980, this home is 17 years older than the average comp, which is reflected in the adjustments. The 4.04 acre lot (larger than the 1.16 acre average) is reflected in the estimate. 2 similar homes are currently available in 78644, creating a buyer's market for this price range. The trend in 78644 shows prices have fallen 6% in the past 6 months. 10281 State Park RD, Lockhart TX 78644 nearby adjusts to $496,847; a strong comparable. Based on 7 relevant data points in 78644, 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