1101 Hackberry ST, Taylor TX 76574

Based on 7 closed sales in MURPHY, the data points to a value around $237,462 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $143,000 to $153,000. This home's position in the current MURPHY market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (145 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1920 (37 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in MURPHY, listed between $150,000 and $289,999. Market data shows 76574 prices fallen 5.7% over the last half year. The closest comparable sale, 913 Fowzer ST, Taylor TX 76574 at an adjusted $260,164, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MURPHY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group