612 Franklin DR, San Marcos TX 78666

The market data from 3 similar recent sales in OAK HEIGHTS points to a value of approximately $410,041. To sell within a reasonable timeframe at fair market value, the $402,000 to $418,000 range is where I'd position this. With 5 comparable homes on the market in OAK HEIGHTS, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (167 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1963 construction puts this home 5 years older than the comp average, a factor in the pricing. 5 similar homes are currently available in OAK HEIGHTS, creating a buyer's market for this price range. In 78666, home values have fallen approximately 5.8% over the past 6 months. One of the strongest data points is 133 Chaparral ST, San Marcos TX 78666, adjusting to $326,295; a strong comparable. The 3 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