2499 Fm 1704, Elgin TX 78621

Elgin, TX 78621 | Rogers, Joseph

Ed's Opinion of Value

$225,876 Ed's Estimate: $306,436 $599,000
Lowest Comp Recommended List: $320,000 to $458,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $306,436. To generate strong buyer interest while maximizing value, I'd price this between $320,000 and $458,000. Against 3 similar active listings in ROGERS, JOSEPH, this price point lands at the most affordable of 3 comparable homes on the market. The 1945 construction puts this home 58 years older than the comp average, a factor in the pricing. At 1.33 acres, the lot is smaller than the 4.12 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in ROGERS, JOSEPH, ranging from $325,000 to $599,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 142 Moore LN, Elgin TX 78621 nearby adjusts to $261,526; with a larger floor plan. 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
2 Beds
1 Baths 1 Full
1,588 Sq Ft
1.331 Acres
1945 Built

About This Property

There are two small rent houses on this property that generate approx. $900 monthly income. Long term tenants currently in both. Approx 1288 sf in larger home, 300 sf in smaller house. Built in 1945, sold AS-IS, and are priced accordingly. Seller is open to a price negotiation if this 1.33 acres is sold with the adjacent 9.5 acre house/property MLS #9529198 Contact Agent with Questions.

Features

  • Primary Bedroom on Main
  • See Remarks

Location

Schools

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

Property Details

Property Type Residential
Flooring See Remarks
Cooling Wall/Window Unit(s)
Heating Electric
Exterior None
County Bastrop
MLS # 7590852

Listing History

MLS# 7590852 25 days
Oct 18, 2013 Off Market
Sep 17, 2013 Pending
Sep 9, 2013 Price Change $59,000
Aug 23, 2013 Listed $79,000

Frequently Asked Questions About 2499 Fm 1704, Elgin TX 78621

When was 2499 Fm 1704, Elgin TX 78621 built?

2499 Fm 1704, Elgin TX 78621 was built in 1945.

How much does 2499 Fm 1704, Elgin TX 78621 cost?

2499 Fm 1704, Elgin TX 78621 sold on October 18, 2013. Contact us for sale price details.

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