1111 River Hills DR, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $283,593. I'd recommend coming to market at $231,000 to $241,000 to strike the right balance between value and market velocity. In the current 78666 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 1998, this home is 16 years older than the average comp, which is reflected in the adjustments. The 0.47 acre lot (smaller than the 1.03 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. The trend in 78666 shows prices have fallen 11.8% in the past 6 months. 441 Thomas DR, Martindale TX 78655 nearby adjusts to $398,320; a strong comparable. With 7 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