1244 Lake Terrace DR, Elgin TX 78621

Off Market

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Ed's Opinion of Value

$96,891 Ed's Estimate: $235,968 $365,980

Lowest Comp Recommended List: $274,000 to $285,000 Highest Comp

The estimated value of this property is $235,968, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $274,000 and $285,000. Among the similar homes currently available in SUNSET HEIGHTS, this price point stands out as competitive. Built in 1968, this home is 17 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in SUNSET HEIGHTS, listed between $245,000 and $305,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 118 Anderson DR, Elgin TX 78621, with an adjusted value of $292,815; with a larger floor plan. With 7 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

78621 Market Trends

$285,171 Median Sold Price ▼ 8.3% 6mo

$167/sqft Median $/SqFt ▼ 5.9% 6mo

101 days Avg Days on Market 17 days slower

299 homes Active Inventory 7.2 mo supply

98.2% Sale-to-List Ratio

249 Sales (6 months)

Recently Sold Comparables

$292,815 adjusted 118 Anderson DR, Elgin TX 78621 2bd / 2.0ba • 1,557 sqft • 0.2 mi Sold 4 months ago

$219,733 adjusted 616 Mogonye LN, Elgin TX 78621 4bd / 2.0ba • 1,404 sqft • 0.7 mi Sold 1 months ago

$218,375 adjusted 826 Savannah CV, Elgin TX 78621 2bd / 2.0ba • 1,394 sqft • 1.1 mi Sold 1 months ago

$96,891 adjusted 18016 Morrow ST, Elgin TX 78621 2bd / 1.0ba • 1,550 sqft • 4.5 mi Sold 8 months ago

$365,980 adjusted 907 N Avenue C, Elgin TX 78621 3bd / 1.0ba • 1,496 sqft • 0.3 mi Sold 10 months ago

Currently on Market

$305,000 612 Cardinal ST, Elgin TX 78621 4bd / 2.0ba • 1,452 sqft • 0.2 mi 54 days on market

$245,000 709 W 11TH ST, Elgin TX 78621 3bd / 1.0ba • 1,400 sqft • 0.2 mi 54 days on market

$299,999 208 N Avenue, Elgin TX 78621 2bd / 2.0ba • 1,360 sqft • 0.5 mi 1 days on market

2 Beds

1 Baths 1 Full

1,418 Sq Ft

0.284 Acres

1968 Built

1 Garage

About This Property

This 1960's house has Great bones and lots of Character! Good lot in a well-established neighborhood. Needs cosmetic work throughout but all the main systems appear to be in good working order.

Features

Ceiling Fan(s)
Laminate Counters

Location

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Schools

School District Elgin ISD

Elementary Elgin

Middle School Elgin

High School Elgin

Property Details

Property Type Residential

Flooring Carpet, Vinyl

Cooling Central Air, Electric

Heating Central, Natural Gas

Exterior Private Yard

County Bastrop

MLS # 6333677

Parking

Garage 1 spaces

Listing History

MLS# 6333677 6 days (5 CDOM)

Jul 30, 2021	Off Market
Jun 17, 2021	Listed		$225,000

Frequently Asked Questions About 1244 Lake Terrace DR, Elgin TX 78621

When was 1244 Lake Terrace DR, Elgin TX 78621 built?

1244 Lake Terrace DR, Elgin TX 78621 was built in 1968.

How much does 1244 Lake Terrace DR, Elgin TX 78621 cost?

1244 Lake Terrace DR, Elgin TX 78621 sold on July 30, 2021. Contact us for sale price details.

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