2500 FM 1704, Elgin TX 78621

Off Market

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Ed's Opinion of Value

$357,399 Ed's Estimate: $525,895 $899,000

Lowest Comp Recommended List: $510,000 to $542,000 Highest Comp

After reviewing 7 recent transactions in 78621, I estimate this property's value at $525,895. A competitive list price for this home right now would fall in the $510,000 to $542,000 range. Buyers shopping in 78621 right now would see this as a well positioned option among 4 comparable homes. The 485 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 7 of the 7 comps lacked one. There are currently 4 similar homes on the market in 78621, ranging from $642,000 to $899,000. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 2874 Fm 1704, Elgin TX 78621 carries an adjusted comparable value of $597,282, providing a strong data point. With 7 comparable sales in 78621, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, 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

$597,282 adjusted 2874 Fm 1704, Elgin TX 78621 4bd / 2.0ba • 2,310 sqft • 2 mi Sold 4 months ago

$517,851 adjusted 209 Dry Willow RD, Elgin TX 78621 4bd / 2.0ba • 1,920 sqft • 1.3 mi Sold 8 months ago

$376,002 adjusted 160 Arosa DR, Elgin TX 78621 4bd / 2.0ba • 1,568 sqft • 3.5 mi Sold 7 months ago

$558,117 adjusted 174 Lazy River LN, Elgin TX 78621 3bd / 3.0ba • 2,189 sqft • 4.6 mi Sold 11 months ago

$357,399 adjusted 155 Arosa DR, Elgin TX 78621 3bd / 2.0ba • 1,568 sqft • 3.6 mi Sold 1 months ago

Currently on Market

$642,000 123 Meadowood DR, Elgin TX 78621 3bd / 2.0ba • 2,340 sqft • 2.1 mi 41 days on market

$665,500 571 Balch RD, Elgin TX 78621 3bd / 3.0ba • 2,120 sqft • 2.6 mi 5 days on market

$899,000 2646 Fm 1704, Elgin TX 78621 5bd / 4.0ba • 2,408 sqft • 0.8 mi 23 days on market

4 Beds

2 Baths 2 Full

2,375 Sq Ft

21.3 Acres

2014 Built

About This Property

Gorgeous property just South of Elgin that has all the makings of a proper Gentleman's Ranch and just needs your unique touch! An exceptionally well built single story home with a laundry room that doubles as a storm shelter with solid concrete walls! The home overlooks a beautiful pond and rolling pastures to the front of the property, and behind the home lies an above ground pool and nicely treed land with multiple hunting and horseback riding opportunities. Several spots are prime to add a barn/stables

Property Highlights

Pool Above Ground

Features

Breakfast Bar
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 Residential

Flooring No Carpet, Tile, Wood

Cooling Central Air

Heating Central, Electric

Exterior None

County Bastrop

MLS # 1128478

HOA & Community

Tax Information

Annual Taxes $7,932 (2019)

Listing History

MLS# 1128478 85 days

Jun 26, 2020	Off Market
May 30, 2020	Pending
Mar 2, 2020	Listed	$625,000

MLS# 7328475 244 days

Dec 15, 2009	Off Market
Apr 15, 2009	Listed		$2,200,000

MLS# 529226 183 days (373 CDOM)

Jul 11, 2000	Off Market
Jan 10, 2000	Listed		$290,000

MLS# 509264 190 days

Dec 31, 1999	Off Market
Jun 24, 1999	Listed		$290,000

Frequently Asked Questions About 2500 FM 1704, Elgin TX 78621

When was 2500 FM 1704, Elgin TX 78621 built?

2500 FM 1704, Elgin TX 78621 was built in 2014.

How much does 2500 FM 1704, Elgin TX 78621 cost?

2500 FM 1704, Elgin TX 78621 sold on June 26, 2020. Contact us for sale price details.

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