302 Houston ST, Rockdale TX 76567

The market data from 7 similar recent sales in 76567 points to a value of approximately $120,465. To sell within a reasonable timeframe at fair market value, the $57,000 to $67,000 range is where I'd position this. With 1 comparable homes on the market in 76567, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (266 sqft vs the comp average) plays a role in how the market prices it. At 0.17 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in 76567; a buyer's market based on recent absorption. In 76567, home values have fallen approximately 7.7% over the past 6 months. One of the strongest data points is 532 College ST, Rockdale TX 76567, adjusting to $121,869; 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