316 W Martin Luther King DR, San Marcos TX 78666

Based on 7 closed sales in ORIGINAL TOWN OF SAN MARCOS, the data points to a value around $157,079 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $168,000 to $216,000. Relative to what's currently available in ORIGINAL TOWN OF SAN MARCOS, this home would be no active comparable homes on the market. Being 389 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1900 (61 years older than comps) is factored into the value estimate. Market data shows 78666 prices fallen 11% over the last half year. The closest comparable sale, 948 Sycamore ST, San Marcos TX 78666 at an adjusted $123,245, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in ORIGINAL TOWN OF SAN MARCOS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group