1698 Fm 1704, Elgin TX 78621

Elgin, TX 78621 | Standifer, James

Ed's Opinion of Value

$206,075 Ed's Estimate: $230,705 $364,905
Lowest Comp Recommended List: $226,000 to $229,000 Highest Comp
The comparable sales data (7 recent transactions in STANDIFER, JAMES) supports an estimated value of $230,705. The data suggests a list price between $226,000 and $229,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 4 comparable homes on the market in STANDIFER, JAMES's current inventory. Being built in 1937 (31 years older than comps) is factored into the value estimate. Lot size matters here: 1.78 acres versus 1.68 for the typical comp. Current inventory shows 4 comparable homes in STANDIFER, JAMES; a buyer's market based on recent absorption. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 163 Lower Elgin RD, Elgin TX 78621 carries an adjusted comparable value of $207,218, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
2 Beds
1 Baths 1 Full
1,000 Sq Ft
1.777 Acres
1937 Built

About This Property

Endless opportunities with no restrictions! Fixer upper, rental income or potentially turn into a multi unit. 1.7 acres just 5 mins from town off of FM 1704. This property sits outside of the the Elgin ETJ boundary. 24 miles/30 minutes from Tesla Gigafactory. Co-op water and private septic, property does have a well but hasn't been used by current owner. Selling AS-IS. Diamond in the rough but limitless potential!

Features

  • Ceiling Fan(s)
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Primary Bedroom on Main
  • Washer Hookup

Location

Schools

School District Elgin ISD
Middle School Elgin
High School Elgin

Property Details

Property Type Residential
Flooring Linoleum, Vinyl
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric
Exterior None
County Bastrop
MLS # 6586053

Tax Information

Annual Taxes $5,162 (2022)

Listing History

MLS# 6586053 19 days
Dec 20, 2022 Off Market
Oct 31, 2022 Listed $250,000

Frequently Asked Questions About 1698 Fm 1704, Elgin TX 78621

When was 1698 Fm 1704, Elgin TX 78621 built?

1698 Fm 1704, Elgin TX 78621 was built in 1937.

How much does 1698 Fm 1704, Elgin TX 78621 cost?

1698 Fm 1704, Elgin TX 78621 sold on December 20, 2022. Contact us for sale price details.

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