803 BLANCO ST, San Marcos TX 78666

My analysis of 4 comparable properties puts this home's estimated value at $246,360. Based on how the local market is moving, a list price between $153,000 and $163,000 would position this home well. Relative to what's currently available in FRANKLIN SQUARE, this home would be the 3rd least expensive of 7 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.23) contributes to the valuation. There are currently 7 similar homes on the market in FRANKLIN SQUARE, ranging from $150,000 to $364,000. The 6 month price trend in 78666: fallen 12.8%. The best comp here is 205 Hughson DR, San Marcos TX 78666 at an adjusted value of $180,309, a strong comparable. With 4 comparable sales in FRANKLIN SQUARE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group