116 Rexroat RD, San Marcos TX 78666

The market data from 4 similar recent sales in TRACE points to a value of approximately $403,439. To sell within a reasonable timeframe at fair market value, the $413,000 to $431,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in TRACE. This home's larger footprint (294 sqft vs the comp average) plays a role in how the market prices it. At 0.20 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. The active market in TRACE includes 3 comparable homes priced from $338,500 to $380,000. In TRACE, home values have fallen approximately 0.4% over the past 6 months. One of the strongest data points is 409 Salamander ST, San Marcos TX 78666, adjusting to $430,847; with a larger 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