109 Smoky Mountain DR, San Marcos TX 78666

The estimated value of this property is $805,560, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $682,000 and $692,000. With 1 comparable homes on the market in SUMMER MOUNTAIN RANCH, this price positions the property as below the only comparable home currently on the market. The 5.00 acre lot (smaller than the 5.23 acre average) is reflected in the estimate. Current inventory shows 1 comparable homes in SUMMER MOUNTAIN RANCH; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 8054 Stone Mountain TRL, San Marcos TX 78666, with an adjusted value of $787,812; a strong comparable. Based on 3 relevant data points in SUMMER MOUNTAIN RANCH, 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