4800 State Highway 123, San Marcos TX 78666

The estimated value of this property is $299,417, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $327,000 and $334,000. In the current CHARLES HENDERSON market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. This home's larger footprint (621 sqft vs the comp average) plays a role in how the market prices it. Built in 1991, this home is 30 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in CHARLES HENDERSON; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 9.6% since 6 months ago. The most comparable recent sale is 155 Lake GLN, San Marcos TX 78666, with an adjusted value of $307,850; 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