304 Vernon ST, Thrall TX 76578

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $226,939. To generate strong buyer interest while maximizing value, I'd price this between $252,000 and $293,000. Against 2 similar active listings in OIL CITY, this price point lands at the most affordable of 2 comparable homes on the market. Being 379 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1935 construction puts this home 57 years older than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in OIL CITY, ranging from $225,000 to $1,695,000. The trend in 76578 shows prices have fallen 13.5% in the past 6 months. 201 W Eckhart Ave, Thrall TX 76578 nearby adjusts to $132,290; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group