703 Split Rail TRL, West Lake Hills TX 78746

The estimated value of this property is $2,920,474, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,750,000 and $1,760,000. With 5 comparable homes on the market in RAINBOWS END ESTATES, this price positions the property as the most expensive of 5 comparable homes on the market. The pool is a standout feature, with 1 of 3 comparable homes not offering one. The 1.26 acre lot (larger than the 1.01 acre average) is reflected in the estimate. The active market in RAINBOWS END ESTATES includes 5 comparable homes priced from $1,595,000 to $2,500,000. Recent trends in 78746 show home values have risen 7.3% since 6 months ago. The most comparable recent sale is 604 Rainbow CV, West Lake Hills TX 78746, with an adjusted value of $2,646,711; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group