615 Franklin DR, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $321,298. For a well positioned listing in 78666, I'd target the $376,000 to $383,000 range. With 6 comparable homes on the market in 78666, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The smaller floor plan (120 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.28 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in 78666, ranging from $299,000 to $449,000. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 2203 Lancaster ST, San Marcos TX 78666, with an adjusted value of $312,648; a strong comparable. 5 comparable transactions in 78666 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group