812 Merritt DR, Lockhart TX 78644

Off Market

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Ed's Opinion of Value

$227,902 Ed's Estimate: $271,354 $485,000

Lowest Comp Recommended List: $211,000 to $221,000 Highest Comp

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $271,354. I'd recommend coming to market at $211,000 to $221,000 to strike the right balance between value and market velocity. Against 7 similar active listings in SOUTH PARK PLACE, this price point lands at the 3rd least expensive of 7 comparable homes on the market. With 7 similar homes currently listed in SOUTH PARK PLACE (a buyer's market), competition is a factor to consider. The trend in SOUTH PARK PLACE shows prices have fallen 40.7% in the past 6 months. 808 Vogel DR, Lockhart TX 78644 nearby adjusts to $383,845; with a larger floor plan. Based on 6 relevant data points in SOUTH PARK PLACE, 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

SOUTH PARK PLACE Market Trends

$302,500 Median Sold Price ▼ 40.7% 6mo

$175/sqft Median $/SqFt ▼ 15.3% 6mo

33 days Avg Days on Market 2 days slower

3 homes Active Inventory 4.5 mo supply

94.5% Sale-to-List Ratio

4 Sales (6 months)

Recently Sold Comparables

$383,845 adjusted 808 Vogel DR, Lockhart TX 78644 3bd / 2.0ba • 1,619 sqft • 0.1 mi Sold 2 months ago

$227,902 adjusted 707 Center ST, Lockhart TX 78644 3bd / 2.0ba • 1,374 sqft • 0.1 mi Sold 5 months ago

$238,463 adjusted 811 Ross CIR, Lockhart TX 78644 3bd / 2.0ba • 1,514 sqft • 0.1 mi Sold 5 months ago

$303,173 adjusted 905 Vogel DR, Lockhart TX 78644 3bd / 2.0ba • 1,742 sqft • 0.1 mi Sold 9 months ago

$241,681 adjusted 1005 Bowie ST, Lockhart TX 78644 3bd / 2.0ba • 1,401 sqft • 0.2 mi Sold 2 days ago

Currently on Market

$485,000 908 Merritt DR, Lockhart TX 78644 4bd / 2.0ba • 1,655 sqft • 0 mi 23 days on market

$485,000 700 S Church ST, Lockhart TX 78644 3bd / 2.0ba • 1,560 sqft • 0.4 mi 1 days on market

$340,000 422 Connolly CIR W, Lockhart TX 78644 3bd / 3.0ba • 1,652 sqft • 0.7 mi 346 days on market

3 Beds

2 Baths 2 Full

1,507 Sq Ft

0.254 Acres

1975 Built

2 Garage

About This Property

This one's a cream puff; perfect size first home or downsizing. Has laminate throughout; both baths have tile flooring and counter top. Kitchen has tile splash. The floor plan is mother in law and the 2nd and third beds have built-ins. Master has nice sized walk in closet. Property has a wall and sprinkler system. This home is all electric and the HVAC system has been replaced in past appx. 24 months. Within walking distance to two elementary schools and the high school. Agents call for keypad codeRestrictions: Yes Sprinkler Sys:Yes

Features

In-Law Floorplan
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Lockhart ISD

Elementary Clear Fork

Middle School Lockhart

High School Lockhart

Property Details

Property Type Residential

Flooring Laminate, Linoleum, Tile

Cooling Central Air

Heating Central, Electric

Exterior None

County Caldwell

MLS # 2755162

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $3,656 (2019)

Listing History

MLS# 2755162 90 days

Aug 5, 2020	Off Market
Aug 4, 2020	Pending
May 7, 2020	Listed	$214,900

Frequently Asked Questions About 812 Merritt DR, Lockhart TX 78644

When was 812 Merritt DR, Lockhart TX 78644 built?

812 Merritt DR, Lockhart TX 78644 was built in 1975.

How much does 812 Merritt DR, Lockhart TX 78644 cost?

812 Merritt DR, Lockhart TX 78644 sold on August 5, 2020. Contact us for sale price details.

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