510 E 2nd ST, Elgin TX 78621

Elgin, TX 78621 | Conway

Ed's Opinion of Value

$135,000 Ed's Estimate: $216,456 $239,900
Lowest Comp Recommended List: $212,000 to $221,000 Highest Comp

Listing History

$74,999 List Price
$222,350 Comp Value
1 Price Reductions

This property was listed at $74,999 and expired after 184 days on market. The price was reduced from $80,000 to $74,999. This listing activity factors into the valuation.

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $216,456. I'd recommend coming to market at $212,000 to $221,000 to strike the right balance between value and market velocity. In the current CONWAY market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (181 sqft vs the comp average) plays a role in how the market prices it. Built in 1941, this home is 11 years older than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in CONWAY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
2 Baths 1 Full, 1 Half
920 Sq Ft
0.29 Acres
1941 Built
1 Garage

About This Property

Great starter home recent updates include four sides brick, central heat, air near historical downtown.Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

School District Elgin ISD
Middle School Elgin
High School Elgin

Property Details

Property Type Residential
Flooring Vinyl
Cooling Central Air
Heating Central
Exterior None
County Bastrop
MLS # 5881023

Parking

Garage 1 spaces

Listing History

MLS# 5881023 184 days
Jan 31, 2011 Off Market
Jul 31, 2010 Listed $80,000

Frequently Asked Questions About 510 E 2nd ST, Elgin TX 78621

When was 510 E 2nd ST, Elgin TX 78621 built?

510 E 2nd ST, Elgin TX 78621 was built in 1941.

How much does 510 E 2nd ST, Elgin TX 78621 cost?

510 E 2nd ST, Elgin TX 78621 is currently off market.

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