7846 State Park RD, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $437,738. To generate strong buyer interest while maximizing value, I'd price this between $425,000 and $451,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in 78644. The 1890 construction puts this home 128 years older than the comp average, a factor in the pricing. At 21.44 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in 78644; a buyer's market based on recent absorption. The trend in 78644 shows prices have fallen 6% in the past 6 months. 240 Melody RD, Lockhart TX 78644 nearby adjusts to $467,525; a strong comparable. The 7 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