110 Espada DR, San Marcos TX 78666

The market data from 4 similar recent sales in EL CAMINO REAL points to a value of approximately $245,765. To sell within a reasonable timeframe at fair market value, the $241,000 to $251,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in EL CAMINO REAL. Being 125 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.45 acre comp average, which factors into pricing. 7 similar homes are currently available in EL CAMINO REAL, creating a buyer's market for this price range. In 78666, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 111 Teron DR, San Marcos TX 78666, adjusting to $199,711; with a smaller floor plan. The 4 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