108 W Mimosa CIR, San Marcos TX 78666

The estimated value of this property is $494,924, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $485,000 and $505,000. Among the similar homes currently available in SPRING LAKE HILLS #4, this price point stands out as competitive. This home's smaller footprint (143 sqft vs the comp average) plays a role in how the market prices it. The 0.60 acre lot (larger than the 0.43 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in SPRING LAKE HILLS #4, listed between $349,000 and $1,250,000. Recent trends in 78666 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 2 Timbercrest ST, San Marcos TX 78666, with an adjusted value of $467,450; a strong comparable. With 4 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