221 Balch RD, Elgin TX 78621

Off Market

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Ed's Opinion of Value

$332,265 Ed's Estimate: $382,047 $899,000

Lowest Comp Recommended List: $578,000 to $646,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $382,047. For a well positioned listing in STANDIFER, JAMES, I'd target the $578,000 to $646,000 range. In the current STANDIFER, JAMES market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The 1983 construction puts this home 37 years older than the comp average, a factor in the pricing. At 23.12 acres, the lot is larger than the 0.81 acre comp average, which factors into pricing. Buyers in STANDIFER, JAMES have 4 comparable options right now, with asking prices between $399,000 and $899,000. Recent trends in 78621 show home values have fallen 8.1% since 6 months ago. The most comparable recent sale is 224 Crooked Hollow DR, Elgin TX 78621, with an adjusted value of $578,150; with a larger floor plan. 7 comparable transactions in STANDIFER, JAMES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78621 Market Trends

$286,499 Median Sold Price ▼ 8.1% 6mo

$167/sqft Median $/SqFt ▼ 5.6% 6mo

102 days Avg Days on Market 17 days slower

299 homes Active Inventory 7.1 mo supply

98.1% Sale-to-List Ratio

253 Sales (6 months)

Recently Sold Comparables

$578,150 adjusted 224 Crooked Hollow DR, Elgin TX 78621 5bd / 3.0ba • 2,599 sqft • 1.7 mi Sold 27 days ago

$332,265 adjusted 439 Lucky Ave, Elgin TX 78621 4bd / 3.0ba • 2,299 sqft • 4.1 mi Sold 18 days ago

$337,175 adjusted 292 Bendecido LOOP, Elgin TX 78621 4bd / 3.0ba • 2,299 sqft • 3.8 mi Sold 6 months ago

$360,675 adjusted 316 Bendecido LOOP, Elgin TX 78621 4bd / 3.0ba • 2,299 sqft • 3.8 mi Sold 7 months ago

$352,175 adjusted 262 Bendecido LOOP, Elgin TX 78621 4bd / 3.0ba • 2,299 sqft • 3.8 mi Sold 8 months ago

Currently on Market

$399,000 149 Arosa DR, Elgin TX 78621 4bd / 2.0ba • 2,387 sqft • 1.6 mi 137 days on market

$899,000 2646 Fm 1704, Elgin TX 78621 5bd / 4.0ba • 2,408 sqft • 2.8 mi 23 days on market

$725,000 541 Hidden Oaks DR, Elgin TX 78621 5bd / 3.0ba • 2,356 sqft • 2.6 mi 17 days on market

4 Beds

3 Baths 3 Full

2,326 Sq Ft

23.116 Acres

1983 Built

2 Garage

About This Property

Great Location! Nice property for horse operation. Spacious two story 4/3 home on approx. 11.5 acres. Hardwood flooring throughout downstairs, hard tile flooring in bathrooms, and laminate flooring upstairs. Large pantry off kitchen. Fireplace and wet bar in living area. 50 x 100 pole barn features 6 horse stalls with outside runs, 1 stall inside barn for fouling, tack room, storage, and room for workshop. Barn also has electricity and water and a large area for hay storage and trailer/equipment storage inside. Two of the horse pastures have sheds. Water taps conveniently located throughout property for water troughs. Property does have deed restriction. Be sure to view drone video of property. Additional acreage available, ask agent for more details.

Features

Ceiling Fan(s)
Vaulted Ceiling(s)
Double Vanity
Electric Dryer Hookup
Entrance Foyer
Kitchen Island
Multiple Dining Areas
Pantry
Primary Bedroom on Main
Washer Hookup
Wet Bar

Location

Map loading...

Schools

School District Elgin ISD

Elementary Elgin

Middle School Elgin

High School Elgin

Property Details

Property Type Farm

Flooring Laminate, Tile, Wood

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Electric, Exhaust Fan, Fireplace(s)

Exterior Exterior Steps

County Bastrop

MLS # 7041419

Parking

Garage 2 spaces

Listing History

MLS# 7041419 92 days

May 23, 2022	Off Market
Nov 22, 2021	Listed		$1,300,014

MLS# 1419011 91 days

Feb 28, 2022	Off Market
Nov 23, 2021	Listed		$894,039

MLS# 3561696 215 days

Feb 19, 2011	Off Market
Jul 19, 2010	Listed		$435,000

MLS# 539271 55 days (416 CDOM)

Jun 7, 2000	Off Market
May 5, 2000	Pending
Apr 13, 2000	Listed	$174,500

MLS# 521908 179 days (361 CDOM)

Apr 11, 2000	Off Market
Oct 15, 1999	Listed		$174,500

MLS# 500426 182 days

Oct 11, 1999	Off Market
Apr 12, 1999	Listed		$174,500

Frequently Asked Questions About 221 Balch RD, Elgin TX 78621

When was 221 Balch RD, Elgin TX 78621 built?

221 Balch RD, Elgin TX 78621 was built in 1983.

How much does 221 Balch RD, Elgin TX 78621 cost?

221 Balch RD, Elgin TX 78621 sold on May 23, 2022. Contact us for sale price details.

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