803 Lakeshore LOOP, Tow TX 78672

Reviewing the most recent comparable transactions, this home's market value falls around $277,257. For a well positioned listing in PARADISE POINT, I'd target the $160,000 to $170,000 range. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in PARADISE POINT. At 0.20 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. With 5 similar homes currently listed in PARADISE POINT (a buyer's market), competition is a factor to consider. Recent trends in 78672 show home values have risen 49.6% since 6 months ago. The most comparable recent sale is 110 Mesquite ST, Tow TX 78672, with an adjusted value of $278,963; a strong comparable. The 3 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