505 Alabama ST, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $292,043. I'd recommend coming to market at $145,000 to $155,000 to strike the right balance between value and market velocity. Against 5 similar active listings in SOUTH END, this price point lands at the most expensive of 5 comparable homes on the market. The 0.24 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in SOUTH END, listed between $150,000 and $349,000. The trend in 78666 shows prices have fallen 13.6% in the past 6 months. 408 Railroad ST, San Marcos TX 78666 nearby adjusts to $322,983; with a smaller floor plan. Based on 7 relevant data points in SOUTH END, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX