605 County Road 120b, Marble Falls TX 78654

The estimated value of this property is $798,231, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $655,000 and $665,000. With 1 comparable homes on the market in CAVERN RANCHES, this price positions the property as below the only comparable home currently on the market. The larger floor plan (635 sqft compared to the average comp) is a meaningful differentiator in this price range. The 19.55 acre lot (larger than the 5.84 acre average) is reflected in the estimate. Right now, 1 similar properties are competing for buyers in CAVERN RANCHES, listed between $639,000 and $639,000. Recent trends in 78654 show home values have fallen 23.7% since 6 months ago. The most comparable recent sale is 2715 Crider RD, Marble Falls TX 78654, with an adjusted value of $619,987; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group