178 S Balch RD S, Elgin TX 78621

Off Market

Front twilight shot of this adorable 2/2 sitting on 25.62 acres just minutes away from downtown Elgin and less than 30 minutes from Austin.

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Ed's Opinion of Value

$165,000 Ed's Estimate: $342,890 $531,362

Lowest Comp Recommended List: $158,000 to $168,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $342,890. I'd recommend coming to market at $158,000 to $168,000 to strike the right balance between value and market velocity. Among the similar homes currently available in STANDIFER, JAMES, this price point stands out as competitive. The 25.62 acre lot (larger than the 1.50 acre average) is reflected in the estimate. There are currently 2 similar homes on the market in STANDIFER, JAMES, ranging from $165,000 to $269,900. The trend in 78621 shows prices have fallen 7.8% in the past 6 months. 371 Youngs Prairie RD, Elgin TX 78621 nearby adjusts to $529,928; a strong comparable. 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

$286,499 Median Sold Price ▼ 7.8% 6mo

$167/sqft Median $/SqFt ▼ 5.9% 6mo

102 days Avg Days on Market 18 days slower

301 homes Active Inventory 7.1 mo supply

98.1% Sale-to-List Ratio

253 Sales (6 months)

Recently Sold Comparables

$529,928 adjusted 371 Youngs Prairie RD, Elgin TX 78621 2bd / 2.0ba • 1,220 sqft • 1.1 mi Sold 8 months ago

$231,855 adjusted 13036 Date Palm TRL, Elgin TX 78621 3bd / 2.0ba • 1,194 sqft • 4.9 mi Sold 5 months ago

$247,660 adjusted 242 La Selva DR, Elgin TX 78621 3bd / 2.0ba • 1,216 sqft • 5 mi Sold 10 months ago

$531,362 adjusted 11629 Maize LN, Elgin TX 78621 3bd / 2.0ba • 1,300 sqft • 2.9 mi Sold 8 months ago

$255,469 adjusted 223 Spirit ST, Elgin TX 78621 3bd / 2.0ba • 1,113 sqft • 3.7 mi Sold 8 months ago

Currently on Market

$165,000 2009 FM 1704 RD, Elgin TX 78621 2bd / 1.0ba • 1,180 sqft • 0.4 mi 4 days on market

$269,900 789 Upper Elgin River RD, Elgin TX 78621 2bd / 1.0ba • 1,080 sqft • 1.6 mi 12 days on market

0 Beds

0 Baths 2 Full

1,176 Sq Ft

25.62 Acres

2009 Built

About This Property

MOTIVATED SELLER!! Please come check out this beautiful 25.62 acres just minutes from downtown Elgin and 290. With no traffic you can be in Austin in less than 30 minutes. Buy this great land with a cute 2/2 and a newly built barn and paddock area for horses or donkeys. This was an organic farm when seller purchased in 2019. The onset of Covid caused the farming to stop but the irrigation systems are still in place and can be easily hooked back up. This property comes with a 2500 gallon water tank and two greenhouse areas with electricity outfitted. Lots of sheds and outhouses to use for farming or gardening. This wide open space lends to great views of the sky and sunsets.

Features

Granite Counters
Double Vanity
Open Floorplan
Primary Bedroom on Main
See Remarks

Location

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Schools

School District Elgin ISD

Elementary Elgin

Middle School Elgin

High School Elgin

Property Details

Property Type Farm

Flooring Carpet, Laminate, Tile

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central

Exterior Exterior Steps, Garden

County Bastrop

MLS # 3481945

Tax Information

Annual Taxes $12,075 (2022)

Listing History

MLS# 3481945 27 days

Feb 17, 2023	Off Market
Dec 20, 2022	Listed		$875,000

MLS# 3210683 36 days

Feb 17, 2023	Off Market
Dec 11, 2022	Listed		$875,000

MLS# 4454564 32 days

Jun 7, 2019	Off Market
Apr 8, 2019	Listed		$595,000

MLS# 5066383 15 days

Jun 7, 2019	Off Market
Apr 25, 2019	Listed		$595,000

MLS# 7439803 99 days

Apr 29, 2016	Off Market
Aug 24, 2015	Listed		$465,000

Frequently Asked Questions About 178 S Balch RD S, Elgin TX 78621

When was 178 S Balch RD S, Elgin TX 78621 built?

178 S Balch RD S, Elgin TX 78621 was built in 2009.

How much does 178 S Balch RD S, Elgin TX 78621 cost?

178 S Balch RD S, Elgin TX 78621 sold on February 17, 2023. Contact us for sale price details.

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$799,000 4771 County Road 473, Elgin TX 78621 2 bd | 2 ba

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$800,000 700 County Road 466, Elgin TX 78621 1 bd | 1 ba

$800,000 763 Upper Elgin River RD, Elgin TX 78621 4 bd | 2 ba

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