378 Watersedge Terrace DR, Elgin TX 78621

Elgin, TX 78621 | Lazy River Acres

Ed's Opinion of Value

$254,940 Ed's Estimate: $261,311 $270,764
Lowest Comp Recommended List: $255,000 to $271,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $261,311. For a well positioned listing in LAZY RIVER ACRES, I'd target the $255,000 to $271,000 range. With 0 comparable homes on the market in LAZY RIVER ACRES, this price positions the property as no active comparable homes on the market. Being 859 sqft smaller than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 2 of 3 comparable sales didn't include one. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 148 Meadows DR, Elgin TX 78621, with an adjusted value of $270,764; with a larger floor plan. 3 comparable transactions in LAZY RIVER ACRES 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
1 Beds
0 Baths
360 Sq Ft
2.9 Acres
1964 Built

About This Property

Riverside Property with Endless Potential! Discover the ultimate investment opportunity on this expansive property located in the heart of nature, backing up to the picturesque Colorado River. A unique fishing cabin offers a multitude of possibilities for both living and business ventures. Frontage along the Colorado River FEMA Flood Zone 500 Designation Secure Metal Gate No HOA Restrictions. Scenic Views and Direct River Access . Whether you envision a family retreat, vacation rentals, or a business venture, the options are endless. Don't miss this chance to own a piece of riverside paradise with unmatched potential.

Property Highlights

Pool Yes

Location

Schools

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

Property Details

Property Type Residential
County Bastrop
MLS # 5176388

Tax Information

Annual Taxes $2,320 (2023)

Listing History

MLS# 5176388 10 days
Nov 22, 2023 Off Market
Nov 5, 2023 Listed $175,000

Frequently Asked Questions About 378 Watersedge Terrace DR, Elgin TX 78621

When was 378 Watersedge Terrace DR, Elgin TX 78621 built?

378 Watersedge Terrace DR, Elgin TX 78621 was built in 1964.

How much does 378 Watersedge Terrace DR, Elgin TX 78621 cost?

378 Watersedge Terrace DR, Elgin TX 78621 sold on November 22, 2023. Contact us for sale price details.

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