18016 Majestic Elm LN, Elgin TX 78621

Off Market

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Ed's Opinion of Value

$223,979 Ed's Estimate: $236,293 $285,000

Lowest Comp Recommended List: $241,000 to $242,000 Highest Comp

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $236,293. I'd recommend coming to market at $241,000 to $242,000 to strike the right balance between value and market velocity. Against 7 similar active listings in ELM CREEK, this price point lands at the 4th most expensive of 7 comparable homes on the market. Buyers in ELM CREEK have 7 comparable options right now, with asking prices between $235,000 and $296,999. The trend in ELM CREEK shows prices have fallen 4.1% in the past 6 months. 17920 Honey Locust LN, Elgin TX 78621 nearby adjusts to $227,703; a strong comparable. With 5 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

ELM CREEK Market Trends

$252,990 Median Sold Price ▼ 4.1% 6mo

$142/sqft Median $/SqFt ▼ 10.1% 6mo

54 days Avg Days on Market 11 days faster

36 homes Active Inventory 4.8 mo supply

99.5% Sale-to-List Ratio

45 Sales (6 months)

Recently Sold Comparables

$227,703 adjusted 17920 Honey Locust LN, Elgin TX 78621 3bd / 2.0ba • 1,562 sqft • 0.1 mi Sold 4 months ago

$261,303 adjusted 17921 Basketflower BND, Elgin TX 78621 3bd / 2.0ba • 1,442 sqft • 0.4 mi Sold 3 months ago

$227,685 adjusted 17905 Basketflower BND, Elgin TX 78621 3bd / 2.0ba • 1,704 sqft • 0.5 mi Sold 11 months ago

$223,979 adjusted 17913 Honey Locust LN, Elgin TX 78621 3bd / 3.0ba • 1,668 sqft • 0.1 mi Sold 1 months ago

$240,688 adjusted 17900 Honey Locust LN, Elgin TX 78621 3bd / 2.0ba • 1,326 sqft • 0.1 mi Sold 10 months ago

Currently on Market

$235,000 13617 Knights Branch DR, Elgin TX 78621 3bd / 2.0ba • 1,560 sqft • 0.2 mi 134 days on market

$285,000 12800 Starbrimson TRL, Elgin TX 78621 3bd / 2.0ba • 1,799 sqft • 0.5 mi 60 days on market

$245,000 13021 Maidenhair TRL, Elgin TX 78621 4bd / 3.0ba • 1,748 sqft • 0.2 mi 199 days on market

3 Beds

2 Baths 2 Full

1,586 Sq Ft

0.143 Acres

2006 Built

1 Garage

About This Property

Fully renovated home. No carpet. Beautiful flooring and paint. Corner lot. Great starter home or investment property. Move in ready. You have to see it to appreciate it. Won't last in this market.

Features

Breakfast Bar
Multiple Dining Areas
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Elgin ISD

Elementary Elgin

Middle School Elgin

High School Elgin

Property Details

Property Type Residential

Flooring Laminate

Cooling Central Air

Heating Central, Electric

Exterior None

County Travis

MLS # 2881441

Garage 1 spaces

HOA & Community

HOA Fee $30 /Monthly

HOA Includes Common Area Maintenance, Landscaping

Tax Information

Annual Taxes (MLS) $5,121 (2019)

Listing History

MLS# 2881441 10 days

Nov 2, 2020	Off Market
Sep 28, 2020	Pending
Sep 17, 2020	Listed	$217,500

MLS# 2552624 6 days

Sep 28, 2020	Off Market
Sep 16, 2020	Listed		$1,600

MLS# 3282133 60 days

Jan 20, 2016	Off Market
Oct 18, 2015	Listed		$1,250

MLS# 3711608 39 days

Sep 17, 2015	Off Market
Aug 9, 2015	Listed		$148,000

MLS# 6089440 69 days

Feb 17, 2014	Off Market
Dec 10, 2013	Listed		$1,250

MLS# 6282378 18 days

Dec 5, 2013	Off Market
Sep 20, 2013	Listed		$115,000

Frequently Asked Questions About 18016 Majestic Elm LN, Elgin TX 78621

When was 18016 Majestic Elm LN, Elgin TX 78621 built?

18016 Majestic Elm LN, Elgin TX 78621 was built in 2006.

How much does 18016 Majestic Elm LN, Elgin TX 78621 cost?

18016 Majestic Elm LN, Elgin TX 78621 sold on November 2, 2020. Contact us for sale price details.

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