17701 Majestic Elm LN, Elgin TX 78621

Off Market

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Ed's Opinion of Value

$221,990 Ed's Estimate: $247,977 $268,193

Lowest Comp Recommended List: $244,000 to $245,000 Highest Comp

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $247,977. I'd recommend coming to market at $244,000 to $245,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in ELM CREEK. The 0.22 acre lot (larger than the 0.15 acre average) is reflected in the estimate. With 6 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. The trend in ELM CREEK shows prices have fallen 4.3% in the past 6 months. 18153 Basketflower BND, Elgin TX 78621 nearby adjusts to $244,400; a strong comparable. Based on 6 relevant data points in ELM CREEK, 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

ELM CREEK Market Trends

$252,990 Median Sold Price ▼ 4.3% 6mo

$144/sqft Median $/SqFt ▼ 4.3% 6mo

55 days Avg Days on Market 2 days faster

39 homes Active Inventory 5.2 mo supply

99.5% Sale-to-List Ratio

45 Sales (6 months)

Recently Sold Comparables

$244,400 adjusted 18153 Basketflower BND, Elgin TX 78621 3bd / 2.0ba • 1,442 sqft • 0.4 mi Sold 4 months ago

$268,193 adjusted 17921 Basketflower BND, Elgin TX 78621 3bd / 2.0ba • 1,442 sqft • 0.4 mi Sold 3 months ago

$245,321 adjusted 12804 Sago Palm TRL, Elgin TX 78621 3bd / 2.0ba • 1,532 sqft • 0.3 mi Sold 9 months ago

$236,899 adjusted 17920 Honey Locust LN, Elgin TX 78621 3bd / 2.0ba • 1,562 sqft • 0.2 mi Sold 4 months ago

$249,654 adjusted 17900 Honey Locust LN, Elgin TX 78621 3bd / 2.0ba • 1,326 sqft • 0.2 mi Sold 10 months ago

Currently on Market

$221,990 23817 Glowing Embers DR, Elgin TX 78621 3bd / 2.0ba • 1,474 sqft • 0.4 mi 57 days on market

$223,999 23805 Glowing Embers DR, Elgin TX 78621 3bd / 2.0ba • 1,474 sqft • 0.4 mi 34 days on market

$239,900 12601 Wayne Spur LN, Elgin TX 78621 3bd / 2.0ba • 1,526 sqft • 0.5 mi

3 Beds

2 Baths 2 Full

1,450 Sq Ft

0.221 Acres

2011 Built

2 Garage

About This Property

Built in 2011 this 1450sqft. 3 bed 2 bath home looks and feels like new. This meticulously maintained home features vaulted ceilings throughout with a spacious living area and kitchen. A covered patio and private backyard makes this home wonderful for entertaining family and friends. Located in the extremely popular Elm Creek neighborhood, homeowners have access to parks, playgrounds, and a swimming pool. With a quick 20 minute commute to neighboring Austin and competitive pricing, this home will go fast.

Features

Vaulted Ceiling(s)
No Interior Steps
Primary Bedroom on Main

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, Tile

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 8520838

Garage 2 spaces

HOA & Community

HOA Fee $104 /Quarterly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $880 (2014)

Listing History

MLS# 8520838 7 days

Oct 17, 2014	Off Market
Sep 12, 2014	Pending
Sep 5, 2014	Listed	$145,000

Frequently Asked Questions About 17701 Majestic Elm LN, Elgin TX 78621

When was 17701 Majestic Elm LN, Elgin TX 78621 built?

17701 Majestic Elm LN, Elgin TX 78621 was built in 2011.

How much does 17701 Majestic Elm LN, Elgin TX 78621 cost?

17701 Majestic Elm LN, Elgin TX 78621 sold on October 17, 2014. Contact us for sale price details.

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