202 W Martin Luther King DR, San Marcos TX 78666

Taking into account 7 nearby comparable sales, this property's estimated value comes to $232,488. If we were to list this property today, I'd recommend a list price in the $134,000 to $144,000 range. Relative to what's currently available in ORIGINAL TOWN OF SAN MARCOS, this home would be the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (288 sqft vs the comp average) plays a role in how the market prices it. Being built in 2008 (19 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in ORIGINAL TOWN OF SAN MARCOS; a buyer's market based on recent absorption. The 6 month price trend in 78666: fallen 12.6%. The best comp here is 922 Haynes ST, San Marcos TX 78666 at an adjusted value of $240,610, with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus