201 W Eckhart Ave, Thrall TX 76578

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $271,915. I'd recommend coming to market at $305,000 to $327,000 to strike the right balance between value and market velocity. In the current OIL CITY market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. This home's smaller footprint (365 sqft vs the comp average) plays a role in how the market prices it. Built in 1957, this home is 44 years older than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in OIL CITY, creating a buyer's market for this price range. The trend in 76578 shows prices have fallen 38.2% in the past 6 months. 304 Lydia LN, Thrall TX 76578 nearby adjusts to $212,539; a strong comparable. Based on 7 relevant data points in OIL CITY, 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