1029 Esplanade PKWY, San Marcos TX 78666

After reviewing 5 recent transactions in TRACE, I estimate this property's value at $302,691. A competitive list price for this home right now would fall in the $336,000 to $338,000 range. This home's position in the current TRACE market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 2018 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.14) contributes to the valuation. With 6 similar homes currently listed in TRACE (a buyer's market), competition is a factor to consider. Prices in TRACE have fallen 0.4% over the last 6 months. A similar home at 129 Gray Wolf DR, San Marcos TX 78666 carries an adjusted comparable value of $309,424, providing a strong data point. With 5 comparable sales in TRACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group