104 Terra DR, Elgin TX 78621

Elgin, TX 78621 | Terra

Ed's Opinion of Value

$249,756 Ed's Estimate: $344,288 $356,000
Lowest Comp Recommended List: $277,000 to $287,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $344,288. I'd recommend coming to market at $277,000 to $287,000 to strike the right balance between value and market velocity. Among the similar homes currently available in TERRA, this price point stands out as competitive. Built in 1997, this home is 18 years older than the average comp, which is reflected in the adjustments. The 0.24 acre lot (smaller than the 0.84 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in TERRA; a buyer's market based on recent absorption. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 264 Bendecido LOOP, Elgin TX 78621 nearby adjusts to $344,492; with a smaller floor plan. Based on 7 relevant data points in TERRA, 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
3 Beds
2 Baths
1,956 Sq Ft
0.236 Acres
1997 Built

About This Property

Restrictions: Yes

Location

Schools

School District Elgin ISD
Elementary Elgin

Property Details

Property Type Residential
Heating None
Exterior None
County Bastrop
MLS # 6877873

HOA & Community

Listing History

MLS# 6877873 46 days
Feb 12, 2019 Off Market
Dec 6, 2018 Listed $259,000

Frequently Asked Questions About 104 Terra DR, Elgin TX 78621

When was 104 Terra DR, Elgin TX 78621 built?

104 Terra DR, Elgin TX 78621 was built in 1997.

How much does 104 Terra DR, Elgin TX 78621 cost?

104 Terra DR, Elgin TX 78621 sold on February 12, 2019. Contact us for sale price details.

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