1505 Earle ST, San Marcos TX 78666

The market data from 7 similar recent sales in Z WILLIAMSON #2 points to a value of approximately $285,254. To sell within a reasonable timeframe at fair market value, the $140,000 to $150,000 range is where I'd position this. Against 3 similar active listings in Z WILLIAMSON #2, this price point lands at the most expensive of 3 comparable homes on the market. The 1997 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.20 acres, the lot is smaller than the 2.09 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in Z WILLIAMSON #2; a buyer's market based on recent absorption. In 78666, home values have fallen approximately 5.6% over the past 6 months. One of the strongest data points is 216 Armstrong ST, San Marcos TX 78666, adjusting to $384,926; 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