202 Scott ST, San Marcos TX 78666

The market data from 7 similar recent sales in C L MCGEHEE points to a value of approximately $265,887. To sell within a reasonable timeframe at fair market value, the $211,000 to $221,000 range is where I'd position this. In the current C L MCGEHEE market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 0.11 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in C L MCGEHEE; a buyer's market based on recent absorption. In 78666, home values have fallen approximately 12.8% over the past 6 months. One of the strongest data points is 1333 Chestnut ST, San Marcos TX 78666, adjusting to $229,880; 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