140 Emerald Garden RD, San Marcos TX 78666

The estimated value of this property is $407,462, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $442,000 and $449,000. Against 5 similar active listings in LA CIMA, this price point lands at the 2nd least expensive of 5 comparable homes on the market. Built in 2019, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in LA CIMA; a balanced market based on recent absorption. Recent trends in LA CIMA show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 121 Frogfruit WAY, San Marcos TX 78666, with an adjusted value of $364,212; with a smaller floor plan. With 6 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