2022 Fm 20 # B, Red Rock TX 78662

The market data from 5 similar recent sales in LENTZ, JACOB points to a value of approximately $475,623. To sell within a reasonable timeframe at fair market value, the $489,000 to $654,000 range is where I'd position this. With 1 comparable homes on the market in LENTZ, JACOB, this price positions the property as below the only comparable home currently on the market. The 1997 construction puts this home 10 years newer than the comp average, a factor in the pricing. At 1.98 acres, the lot is smaller than the 6.14 acre comp average, which factors into pricing. Buyers in LENTZ, JACOB have 1 comparable options right now, with asking prices between $975,000 and $975,000. In 78662, home values have fallen approximately 8.5% over the past 6 months. One of the strongest data points is 305 Goertz DR, Red Rock TX 78662, adjusting to $426,376; a strong comparable. The 5 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