280 Morningwood DR, San Marcos TX 78666

San Marcos, TX 78666 | Morningwood

Ed's Opinion of Value

$146,183 Ed's Estimate: $238,079 $450,000
Lowest Comp Recommended List: $273,000 to $333,000 Highest Comp
The market data from 6 similar recent sales in MORNINGWOOD points to a value of approximately $238,079. To sell within a reasonable timeframe at fair market value, the $273,000 to $333,000 range is where I'd position this. Against 1 similar active listings in MORNINGWOOD, this price point lands at below the only comparable home currently on the market. This home's larger footprint (167 sqft vs the comp average) plays a role in how the market prices it. At 0.75 acres, the lot is smaller than the 0.94 acre comp average, which factors into pricing. Buyers in MORNINGWOOD have 1 comparable options right now, with asking prices between $450,000 and $450,000. In MORNINGWOOD, home values have risen approximately 1.6% over the past 6 months. One of the strongest data points is 860 Morningwood DR, San Marcos TX 78666, adjusting to $273,265; a strong comparable. 6 comparable transactions in MORNINGWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
4 Beds
2 Baths 2 Full
1,800 Sq Ft
0.75 Acres
1999 Built

About This Property

The current renter is month to month paying $1400/month. Rent can be increased and the market will support an increase to $1600/month. ARV is 231K.

Features

  • Laminate Counters
  • Primary Bedroom on Main

Location

Schools

School District San Marcos ISD
Elementary Travis
Middle School Miller
High School Travis

Property Details

Property Type Residential
Flooring Laminate
Cooling Central Air
Heating Central, Fireplace(s)
Exterior Private Yard
County Hays
MLS # 5583922

HOA & Community

HOA Fee $100 /Annually
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $2,458 (2021)

Listing History

MLS# 5583922 7 days
Aug 2, 2023 Off Market
Jul 8, 2022 Listed $180,000

Frequently Asked Questions About 280 Morningwood DR, San Marcos TX 78666

When was 280 Morningwood DR, San Marcos TX 78666 built?

280 Morningwood DR, San Marcos TX 78666 was built in 1999.

How much does 280 Morningwood DR, San Marcos TX 78666 cost?

280 Morningwood DR, San Marcos TX 78666 sold on August 2, 2023. Contact us for sale price details.

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