305 S Main ST, Thrall TX 76578

The market data from 7 similar recent sales in OIL CITY points to a value of approximately $324,844. To sell within a reasonable timeframe at fair market value, the $318,000 to $331,000 range is where I'd position this. With 2 comparable homes on the market in OIL CITY, this price positions the property as the most affordable of 2 comparable homes on the market. At 628 sqft larger than the typical comp, the size difference factors into the valuation. At 0.29 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. There are currently 2 similar homes on the market in OIL CITY, ranging from $364,900 to $452,500. In 76578, home values have risen approximately 17.7% over the past 6 months. One of the strongest data points is 418 S Main ST, Thrall TX 76578, adjusting to $396,297; with a larger floor plan. 7 comparable transactions in OIL CITY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group