406 Vernon, Thrall TX 76578

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $246,101. I'd recommend coming to market at $230,000 to $333,000 to strike the right balance between value and market velocity. In the current OIL CITY market with 0 similar homes available, this price represents no active comparable homes on the market. The 675 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2006, this home is 5 years newer than the average comp, which is reflected in the adjustments. The trend in 76578 shows prices have fallen 2.9% in the past 6 months. 418 S Main ST, Thrall TX 76578 nearby adjusts to $372,301; with a larger floor plan. 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