107 Madison LN, Thrall TX 76578

The estimated value of this property is $354,584, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $259,000 and $269,000. In the current 76578 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Built in 2014, this home is 13 years newer than the average comp, which is reflected in the adjustments. The 0.28 acre lot (smaller than the 3.19 acre average) is reflected in the estimate. With 3 similar homes currently listed in 76578 (a buyer's market), competition is a factor to consider. Recent trends in 76578 show home values have fallen 32.2% since 6 months ago. The most comparable recent sale is 309 Cotton CIR, Thrall TX 76578, with an adjusted value of $310,084; with a smaller floor plan. Based on 7 relevant data points in 76578, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX