812 W Martin Luther King DR, San Marcos TX 78666

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $232,450. Pricing this home between $147,000 and $157,000 would put it in the competitive sweet spot for 78666. This home's position in the current 78666 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 22 years older than typical comps, the 1930 build date influences the valuation. The smaller lot (0.15 acres versus the area average of 0.21) contributes to the valuation. The active market in 78666 includes 7 comparable homes priced from $149,000 to $255,000. Market data shows 78666 prices fallen 12.8% over the last half year. The closest comparable sale, 122 SW Scott ST SW, San Marcos TX 78666 at an adjusted $297,917, is a strong comparable. With 7 comparable sales in 78666, 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