1101 Franklin DR, San Marcos TX 78666

My analysis of 3 comparable properties puts this home's estimated value at $393,988. Based on how the local market is moving, a list price between $160,000 and $170,000 would position this home well. Relative to what's currently available in Z WILLIAMSON #3, this home would be the 3rd most expensive of 7 comparable homes on the market. At 6 years older than typical comps, the 1971 build date influences the valuation. The larger lot (0.38 acres versus the area average of 0.30) contributes to the valuation. There are currently 7 similar homes on the market in Z WILLIAMSON #3, ranging from $150,000 to $495,000. The 6 month price trend in 78666: fallen 12.6%. The best comp here is 114 Algarita ST, San Marcos TX 78666 at an adjusted value of $383,963, a strong comparable. With 3 comparable sales in Z WILLIAMSON #3, 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