1123 Lexington ST, Taylor TX 76574

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $333,769. I'd recommend coming to market at $389,000 to $393,000 to strike the right balance between value and market velocity. Against 7 similar active listings in KING, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Built in 1920, this home is 37 years older than the average comp, which is reflected in the adjustments. The 0.30 acre lot (smaller than the 0.53 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in KING; a buyer's market based on recent absorption. The trend in 76574 shows prices have fallen 2.3% in the past 6 months. 905 Kimbro ST, Taylor TX 76574 nearby adjusts to $234,823; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group