18028 Majestic Elm LN, Elgin TX 78621

Elgin, TX 78621 | Elm Creek | Built by Centex

Ed's Opinion of Value

$206,993 Ed's Estimate: $242,215 $265,500
Lowest Comp Recommended List: $259,000 to $263,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $242,215. Pricing this home between $259,000 and $263,000 would put it in the competitive sweet spot for ELM CREEK. Buyers shopping in ELM CREEK right now would see this as a well positioned option among 7 comparable homes. At 17 years older than typical comps, the 2006 build date influences the valuation. There are currently 7 similar homes on the market in ELM CREEK, ranging from $245,000 to $305,499. Market data shows ELM CREEK prices fallen 4.1% over the last half year. The closest comparable sale, 17816 Honey Locust LN, Elgin TX 78621 at an adjusted $206,993, is with a larger floor plan. The comp data here (7 sales in ELM CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
4 Beds
3 Baths 3 Full
2,043 Sq Ft
0.11 Acres
2006 Built
2 Garage

About This Property

Investors! Home is currently rented to a long-term tenant for $1,250 a month. The tenant has been there for approximately 5 years and was recently signed to another year lease. Washer, dryer, and refrigerator convey. 4 bed / 3 full bath with one bedroom and one full bath down. Home features spacious walk-in-closets in each bedroom and architectural niches throughout the downstairs. Abundant storage. Open and inviting floor plan. Close to community amenity where there is a relaxing pool and playground.Restrictions: Yes

Features

  • Breakfast Bar
  • High Ceilings
  • Multiple Living Areas
  • Walk-In Closet(s)

Location

Schools

School District Elgin ISD
Elementary Elgin
Middle School Elgin
High School Elgin

Property Details

Property Type Residential
Flooring Carpet, Linoleum, Vinyl
Cooling Central Air
Heating Central, Natural Gas
Exterior Pest Tubes in Walls
County Travis
MLS # 5117452
Garage 2 spaces

HOA & Community

HOA Fee $110 /Quarterly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $4,182 (2015)

Listing History

MLS# 5117452 184 days
May 10, 2016 Off Market
Mar 16, 2016 Pending
Aug 20, 2015 Listed $152,500

Frequently Asked Questions About 18028 Majestic Elm LN, Elgin TX 78621

When was 18028 Majestic Elm LN, Elgin TX 78621 built?

18028 Majestic Elm LN, Elgin TX 78621 was built in 2006.

How much does 18028 Majestic Elm LN, Elgin TX 78621 cost?

18028 Majestic Elm LN, Elgin TX 78621 sold on May 10, 2016. Contact us for sale price details.

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