815 5th ST, Lockhart TX 78644

This home was listed at $270,000 and was on the market for 93 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $248,020. Here are some factors that may have played a role: After 93 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. At $214/sqft, the asking price was 34% above the area median, though there may have been upgrades or features not captured in the data. The 132 sqft size difference versus comparable sales is reflected in the adjusted values. The 2024 construction puts this home 45 years newer than the comp average, a factor in the pricing. 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