4700 N State Highway 123, San Marcos TX 78666

The estimated value of this property is $273,468, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $283,000 and $284,000. In the current 78666 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 1900, this home is 121 years older than the average comp, which is reflected in the adjustments. The 1.03 acre lot (larger than the 0.06 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78666, ranging from $285,000 to $297,990. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 128 Dylan DR, San Marcos TX 78666, with an adjusted value of $264,993; with a smaller floor plan. 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