115 Burns RD, Luling TX 78648

The market data from 7 similar recent sales in 78648 points to a value of approximately $301,639. To sell within a reasonable timeframe at fair market value, the $243,000 to $253,000 range is where I'd position this. Among the similar homes currently available in 78648, this price point stands out as competitive. The smaller floor plan (270 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.54 acres, the lot is smaller than the 4.48 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in 78648, ranging from $259,500 to $259,500. In 78648, home values have fallen approximately 15.2% over the past 6 months. One of the strongest data points is 465 Catfish LN, Lockhart TX 78644, adjusting to $480,607; 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