117 Cypress Hills RD, San Marcos TX 78666

The estimated value of this property is $342,858, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $333,000 and $353,000. In the current TRACE market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The larger floor plan (128 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2019, this home is 5 years older than the average comp, which is reflected in the adjustments. 4 similar homes are currently available in TRACE, creating a buyer's market for this price range. Recent trends in TRACE show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 705 Salamander ST, San Marcos TX 78666, with an adjusted value of $345,888; with a smaller floor plan. Based on 4 relevant data points in TRACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX