1229 Lone Star DR, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $254,404. For a well positioned listing in 78130, I'd target the $205,000 to $215,000 range. Among the similar homes currently available in 78130, this price point stands out as competitive. The 1952 construction puts this home 61 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. Recent trends in 78130 show home values have risen 3% since 6 months ago. The most comparable recent sale is 634 Central PKWY # 1106, New Braunfels TX 78130, with an adjusted value of $474,979; 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