603 Mustang LN, 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 $422,138. I'd recommend coming to market at $670,000 to $721,000 to strike the right balance between value and market velocity. In the current 78666 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 1,417 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2.88 acre lot (larger than the 0.65 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. The trend in 78666 shows prices have fallen 9% in the past 6 months. 909 Palomino LN, San Marcos TX 78666 nearby adjusts to $721,495; with a larger floor plan. Based on 7 relevant data points in 78666, 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