908 Fannin ST, Lockhart TX 78644

The estimated value of this property is $235,095, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $193,000 and $203,000. With 3 comparable homes on the market in PARKWAY, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (185 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 5 of 5 comparable homes not offering one. Current inventory shows 3 comparable homes in PARKWAY; a buyer's market based on recent absorption. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 912 San Jacinto ST, Lockhart TX 78644, with an adjusted value of $251,100; with a larger floor plan and no pool. Based on 5 relevant data points in PARKWAY, 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