229 Teron DR, San Marcos TX 78666

The estimated value of this property is $257,849, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $261,000 and $263,000. Against 5 similar active listings in EL CAMINO REAL, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The 0.19 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in EL CAMINO REAL; a buyer's market based on recent absorption. Recent trends in EL CAMINO REAL show home values have fallen 3% since 6 months ago. The most comparable recent sale is 203 Teron DR, San Marcos TX 78666, with an adjusted value of $233,000; a strong comparable. With 7 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