240 Majestic Sage TRL, San Marcos TX 78666

The market data from 4 similar recent sales in LA CIMA points to a value of approximately $583,935. To sell within a reasonable timeframe at fair market value, the $498,000 to $508,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in LA CIMA. This home's smaller footprint (230 sqft vs the comp average) plays a role in how the market prices it. At 0.26 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. The active market in LA CIMA includes 6 comparable homes priced from $494,900 to $699,000. In LA CIMA, home values have fallen approximately 9.4% over the past 6 months. One of the strongest data points is 729 Teakmill TRL, San Marcos TX 78666, adjusting to $573,814; with a larger floor plan. The 4 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