111 Houston DR, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $341,153. For a well positioned listing in SPICEWOOD BEACH, I'd target the $242,000 to $252,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in SPICEWOOD BEACH. At 0.35 acres, the lot is smaller than the 0.64 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SPICEWOOD BEACH; a buyer's market based on recent absorption. The most comparable recent sale is 223 Golf Course DR, Spicewood TX 78669, with an adjusted value of $258,626; a strong comparable. The 7 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