1979 Upper Elgin River RD, Elgin TX 78621

Off Market

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Ed's Opinion of Value

$308,970 Ed's Estimate: $410,540 $450,000

Lowest Comp Recommended List: $398,000 to $423,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $410,540. For a well positioned listing in TEXAS HERITAGE, I'd target the $398,000 to $423,000 range. Among the similar homes currently available in TEXAS HERITAGE, this price point stands out as competitive. At 277 sqft smaller than the typical comp, the size difference factors into the valuation. The 1950 construction puts this home 46 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in TEXAS HERITAGE, ranging from $450,000 to $450,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 150 Uriah DR, Elgin TX 78621, with an adjusted value of $308,970; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78621 Market Trends

$285,171 Median Sold Price ▼ 8.3% 6mo

$167/sqft Median $/SqFt ▼ 5.9% 6mo

101 days Avg Days on Market 17 days slower

299 homes Active Inventory 7.2 mo supply

98.2% Sale-to-List Ratio

249 Sales (6 months)

Recently Sold Comparables

$308,970 adjusted 150 Uriah DR, Elgin TX 78621 3bd / 2.0ba • 1,665 sqft • 2.5 mi Sold 4 months ago

$426,982 adjusted 115 Willie May WAY, Elgin TX 78621 3bd / 2.0ba • 1,680 sqft • 1.7 mi Sold 10 months ago

$382,109 adjusted 209 Dry Willow RD, Elgin TX 78621 4bd / 2.0ba • 1,920 sqft • 0.7 mi Sold 8 months ago

$351,958 adjusted 142 Moore LN, Elgin TX 78621 3bd / 2.0ba • 1,692 sqft • 2.9 mi Sold 7 months ago

$408,030 adjusted 175 Settlers TRL, Elgin TX 78621 2bd / 1.0ba • 960 sqft • 0.5 mi Sold 4 months ago

Currently on Market

$450,000 112 Boulder LN, Manor TX 78653 2bd / 1.0ba • 1,488 sqft • 1.3 mi 74 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,616 Sq Ft

20 Acres

1950 Built

2 Garage

About This Property

This not-so-little slice of country living can be yours! It's a 20 acre ranch that offers all you could dream of with the convenience of being close to Elgin, Bastrop, and Austin. The property boasts a huge amount of frontage space and 2 entrances; one that leads to the home and the other that leads to 3 mobile home spots that have been cash producing. That's right, there are 3 pads for mobile homes with water and electric already set up and even on RV shed great for your fifth wheel, toy hauler, or RV. The house itself is a custom 3 bed and 2.5 bath and it does need a some TLC. But it does have some beautiful aspects such as the wood burning fireplace! The property is also riddled with storage sheds and pole barns that people have rented out to store hay in, there's also the corrals for horses and cattle. Behind the house sits a large fully functioning workshop with electricity and water. The possibilities for this property are ENDLESS, come check it out today!

Features

Built-in Features
Ceiling Fan(s)
Multiple Living 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 Farm

Flooring Carpet, Tile

Cooling Ceiling Fan(s), Central Air

Heating Central

Exterior RV Hookup

County Bastrop

MLS # 4381942

Parking

Garage 2 spaces

Tax Information

Annual Taxes $8,094 (2022)

Listing History

MLS# 4381942 31 days

Jun 15, 2023	Off Market
Mar 30, 2023	Listed		$850,000

Frequently Asked Questions About 1979 Upper Elgin River RD, Elgin TX 78621

When was 1979 Upper Elgin River RD, Elgin TX 78621 built?

1979 Upper Elgin River RD, Elgin TX 78621 was built in 1950.

How much does 1979 Upper Elgin River RD, Elgin TX 78621 cost?

1979 Upper Elgin River RD, Elgin TX 78621 sold on June 15, 2023. Contact us for sale price details.

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