551 Oak MDWS, San Marcos TX 78666

The market data from 7 similar recent sales in OAK MEADOWS points to a value of approximately $346,765. To sell within a reasonable timeframe at fair market value, the $340,000 to $354,000 range is where I'd position this. Against 2 similar active listings in OAK MEADOWS, this price point lands at the most affordable of 2 comparable homes on the market. At 1.00 acres, the lot is smaller than the 1.79 acre comp average, which factors into pricing. 2 similar homes are currently available in OAK MEADOWS, creating a buyer's market for this price range. In 78666, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 2011 Mustang LN, San Marcos TX 78666, adjusting to $393,324; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group