5308 Rayburn Ln

• Proximity to Green Space: Homes adjacent to the wooded area likely command a premium due to the desirable views and recreational opportunities • Planned Community: The organized layout and consistent architectural styles suggest a well-managed community, which can increase property values • Residential Community • Green Spaces • Highway Access • Price Position: At $234.78/sqft, this property is priced significantly below the area's median price per square foot of $348.00, which could indicate a good value or potential issues with the property. • Appreciation Trend: Homes in 78723 have sold for 9% less than they did a year ago, indicating a significant market correction. • Negotiation Opportunity: Most homes in 78723 are taking a long time to sell, suggesting the property may also experience a longer sale time if overpriced. • Potential Equity: Property could be worth up to $12,900 more than the asking price • Rental Income: $2,417/month with 99% occupancy (4.5% cap rate) • Schools: No school data available for this location • Future Development: No specific planned development data available for this location