797 Merritt DR, Lockhart TX 78644

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $418,228. Pricing this home between $231,000 and $241,000 would put it in the competitive sweet spot for SOUTH PARK PLACE. This would position the home competitively among 3 active listings in SOUTH PARK PLACE. This home's larger footprint (243 sqft vs the comp average) plays a role in how the market prices it. There are currently 3 similar homes on the market in SOUTH PARK PLACE, ranging from $199,900 to $469,000. Market data shows SOUTH PARK PLACE prices fallen 24.5% over the last half year. The closest comparable sale, 908 Vogel DR, Lockhart TX 78644 at an adjusted $375,601, is a strong comparable. With 6 comparable sales in SOUTH PARK PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group