120 S Johnson Ave, San Marcos TX 78666

The market data from 7 similar recent sales in J G MEACHAM points to a value of approximately $247,854. To sell within a reasonable timeframe at fair market value, the $190,000 to $200,000 range is where I'd position this. Against 7 similar active listings in J G MEACHAM, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 0.47 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in J G MEACHAM; a buyer's market based on recent absorption. In 78666, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 512 S Cm Allen PKWY, San Marcos TX 78666, adjusting to $140,409; a strong comparable. 7 comparable transactions in J G MEACHAM support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group