1014 Gravel ST, San Marcos TX 78666

The estimated value of this property is $271,342, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $113,000 and $123,000. Against 2 similar active listings in DAN MCKIE, this price point lands at the 0th most expensive of 2 comparable homes on the market. Being 344 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2009, this home is 42 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in DAN MCKIE; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 12.1% since 6 months ago. The most comparable recent sale is 1128 Invasion ST, San Marcos TX 78666, with an adjusted value of $168,687; a strong comparable. Based on 7 relevant data points in DAN MCKIE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX