163 Lower Elgin RD, Elgin TX 78621

Elgin, TX 78621 | West C.a

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Off Market
Exterior Front
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Ed's Opinion of Value

$100,275 Ed's Estimate: $257,941 $361,200
Lowest Comp Recommended List: $253,000 to $263,000 Highest Comp

Listing History

$118,000 List Price
$263,772 Comp Value
1 Price Reductions

This property was listed at $118,000 and withdrawn after 348 days on market. The price was reduced from $124,900 to $118,000. This listing activity factors into the valuation.

Ed Neuhaus
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $257,941. I'd recommend coming to market at $253,000 to $263,000 to strike the right balance between value and market velocity. In the current WEST C.A market with 0 similar homes available, this price represents no active comparable homes on the market. This home's smaller footprint (314 sqft vs the comp average) plays a role in how the market prices it. Built in 1950, this home is 46 years older than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in WEST C.A, 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

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

175 Settlers TRL, Elgin TX 78621
$271,947 adjusted 175 Settlers TRL, Elgin TX 78621 2bd / 1.0ba • 960 sqft • 4.2 mi Sold 4 months ago
1515 Upper Elgin River RD Lot 1, Elgin TX 78621
$228,233 adjusted 1515 Upper Elgin River RD Lot 1, Elgin TX 78621 2bd / 2.0ba • 1,100 sqft • 2.7 mi Sold 5 months ago
18016 Morrow ST, Elgin TX 78621
$100,275 adjusted 18016 Morrow ST, Elgin TX 78621 2bd / 1.0ba • 1,550 sqft • 4.3 mi Sold 8 months ago
371 Youngs Prairie RD, Elgin TX 78621
$361,200 adjusted 371 Youngs Prairie RD, Elgin TX 78621 2bd / 2.0ba • 1,220 sqft • 1.8 mi Sold 8 months ago
155 Arosa DR, Elgin TX 78621
$234,360 adjusted 155 Arosa DR, Elgin TX 78621 3bd / 2.0ba • 1,568 sqft • 1.5 mi Sold 1 months ago
2 Beds
1 Baths 1 Full
936 Sq Ft
2 Acres
1950 Built

About This Property

Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

School District Elgin ISD
Elementary Elgin
High School Elgin

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central
Exterior None
County Bastrop
MLS # 2987662

Listing History

MLS# 2987662 348 days
Jul 19, 2011 Off Market
Aug 5, 2010 Listed $129,700

Frequently Asked Questions About 163 Lower Elgin RD, Elgin TX 78621

When was 163 Lower Elgin RD, Elgin TX 78621 built?

163 Lower Elgin RD, Elgin TX 78621 was built in 1950.

How much does 163 Lower Elgin RD, Elgin TX 78621 cost?

163 Lower Elgin RD, Elgin TX 78621 is currently off market.

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