109 Switchgrass ST, San Marcos TX 78666

The market data from 6 similar recent sales in TRACE SUB SEC A PA A PH A-2 points to a value of approximately $293,443. To sell within a reasonable timeframe at fair market value, the $246,000 to $256,000 range is where I'd position this. Against 6 similar active listings in TRACE SUB SEC A PA A PH A-2, this price point lands at the 3rd most expensive of 6 comparable homes on the market. At 0.09 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in TRACE SUB SEC A PA A PH A-2; a buyer's market based on recent absorption. In 78666, home values have fallen approximately 8.9% over the past 6 months. One of the strongest data points is 104 Balinese CV # 102, San Marcos TX 78666, adjusting to $292,511; a strong comparable. The 6 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