255 Fm 812 Highway # A, Red Rock TX 78662

The estimated value of this property is $607,334, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $589,000 and $626,000. With 1 comparable homes on the market in 78662, this price positions the property as below the only comparable home currently on the market. The larger floor plan (1,496 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2020, this home is 11 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 78662; a buyer's market based on recent absorption. Recent trends in 78662 show home values have risen 31.3% since 6 months ago. The most comparable recent sale is 665 Wilson RD, Red Rock TX 78662, with an adjusted value of $691,763; with a smaller floor plan. With 3 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