12506 Scissortail DR, Manchaca TX 78652

The market data from 4 similar recent sales in ARROYO DOBLE ESTATES points to a value of approximately $501,821. To sell within a reasonable timeframe at fair market value, the $591,000 to $607,000 range is where I'd position this. With 3 comparable homes on the market in ARROYO DOBLE ESTATES, this price positions the property as the most affordable of 3 comparable homes on the market. At 0.85 acres, the lot is larger than the 0.61 acre comp average, which factors into pricing. With 3 similar homes currently listed in ARROYO DOBLE ESTATES (a balanced market), competition is a factor to consider. In 78652, home values have fallen approximately 7.2% over the past 6 months. One of the strongest data points is 647 W FM 1626, Austin TX 78748, adjusting to $469,520; with a smaller floor plan. The 4 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