221 Ranchero DR, Mustang Ridge TX 78610

The market data from 7 similar recent sales in MUSTANG HILLS RANCH points to a value of approximately $348,493. To sell within a reasonable timeframe at fair market value, the $342,000 to $355,000 range is where I'd position this. Against 7 similar active listings in MUSTANG HILLS RANCH, this price point lands at the most expensive of 7 comparable homes on the market. At 11.25 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in MUSTANG HILLS RANCH; a buyer's market based on recent absorption. In 78610, home values have risen approximately 0.7% over the past 6 months. One of the strongest data points is 9713 Serene Bliss LN, Buda TX 78610, adjusting to $440,537; with a larger floor plan. 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