128 Oak PT, Tow TX 78672

The market data from 4 similar recent sales in OAK POINT points to a value of approximately $440,664. To sell within a reasonable timeframe at fair market value, the $370,000 to $380,000 range is where I'd position this. With 3 comparable homes on the market in OAK POINT, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 420 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.68 acres, the lot is smaller than the 1.25 acre comp average, which factors into pricing. With 3 similar homes currently listed in OAK POINT (a buyer's market), competition is a factor to consider. In 78672, home values have risen approximately 39% over the past 6 months. One of the strongest data points is 145 Oak Point DR, Tow TX 78672, adjusting to $402,280; with a larger floor plan. 4 comparable transactions in OAK POINT 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