1228 Thousand Oaks LOOP # B, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $314,783. For a well positioned listing in 78666, I'd target the $305,000 to $324,000 range. In the current 78666 market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 51.53 acres, the lot is larger than the 1.22 acre comp average, which factors into pricing. With 1 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 1185 Willis WAY, San Marcos TX 78666, with an adjusted value of $297,063; a strong comparable. The 7 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