1600 Mustang LN, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $575,761. I'd recommend coming to market at $487,000 to $497,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in COUNTRY ESTATES IV, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 295 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1998, this home is 14 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in COUNTRY ESTATES IV, ranging from $495,000 to $874,000. The trend in 78666 shows prices have fallen 8.7% in the past 6 months. 1610 Mustang LN, San Marcos TX 78666 nearby adjusts to $701,170; with a smaller floor plan. Based on 7 relevant data points in COUNTRY ESTATES IV, 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