106 E Eckhart, Thrall TX 76578

After reviewing 7 recent transactions in OIL CITY, I estimate this property's value at $327,054. A competitive list price for this home right now would fall in the $380,000 to $436,000 range. This home's position in the current OIL CITY market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (366 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.30 acres versus the area average of 0.79) contributes to the valuation. Buyers in OIL CITY have 3 comparable options right now, with asking prices between $280,000 and $460,000. Prices in 76578 have fallen 2.9% over the last 6 months. A similar home at 418 S Main ST, Thrall TX 76578 carries an adjusted comparable value of $380,053, providing a strong data point. The comp data here (7 sales in OIL CITY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus