Ed's Opinion of Value

$373,972 Ed's Estimate: $614,652 $1,030,404
Lowest Comp Recommended List: $408,000 to $735,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $614,652. For a well positioned listing in 78124, I'd target the $408,000 to $735,000 range. Against 0 similar active listings in 78124, this price point lands at no active comparable homes on the market. The larger floor plan (672 sqft compared to the average comp) is a meaningful differentiator in this price range. At 2.26 acres, the lot is smaller than the 3.66 acre comp average, which factors into pricing. Recent trends in 78124 show home values have fallen 50.9% since 6 months ago. The most comparable recent sale is 102 Wild Persimmon TRL, Marion TX 78124, with an adjusted value of $735,189; with a smaller floor plan. The 6 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
4 Beds
4 Baths 3 Full, 1 Half
2,524 Sq Ft
2.26 Acres
2019 Built
2 Garage

About This Property

Amazing modern farmhouse on 2.26 acres w/views & picturesque sunsets. Screened porch. Custom outdoor kitchen. 10' ceilings, 8' doors, 5 1/4" baseboards. Great room w/beamed 21' cathedral ceilings, limestone/ship lap fireplace & striking 44" crystal orb chandelier. Great room, dining, & kitchen combined. 10' granite island, farmhouse sink, 5-burner gas cook top, wine frig. Master bath w/ rain shower & soaking tub. 2 BRs w/full baths & walk-in closets. Dog room w/shower. Furnished/decorated option avail.Restrictions: Yes Sprinkler Sys:Yes

Features

  • Breakfast Bar
  • Beamed Ceilings
  • Cathedral Ceiling(s)
  • Vaulted Ceiling(s)
  • Crown Molding
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Marion ISD
Elementary Norma Krueger
Middle School Marion
High School Marion

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air
Heating Central, Electric
Exterior Gutters Partial, RV Hookup
MLS # 5680312

Parking

Garage 2 spaces

HOA & Community

HOA Fee $125 /Annually
HOA Includes See Remarks

Listing History

MLS# 5680312 44 days
Jul 17, 2020 Off Market
May 29, 2020 Pending
May 19, 2020 Price Change $495,000
Apr 15, 2020 Listed $525,000

Frequently Asked Questions About 138 RANCHERS WAY, Marion TX 78124

When was 138 RANCHERS WAY, Marion TX 78124 built?

138 RANCHERS WAY, Marion TX 78124 was built in 2019.

How much does 138 RANCHERS WAY, Marion TX 78124 cost?

138 RANCHERS WAY, Marion TX 78124 sold on July 17, 2020. Contact us for sale price details.

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