607 Mogonye LN, Elgin TX 78621

The estimated value of this property is $245,288, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $129,000 and $139,000. Among the similar homes currently available in MOGONYE, this price point stands out as competitive. The smaller floor plan (387 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1960, this home is 8 years newer than the average comp, which is reflected in the adjustments. With 2 similar homes currently listed in MOGONYE (a buyer's market), competition is a factor to consider. Recent trends in 78621 show home values have fallen 10.5% since 6 months ago. The most comparable recent sale is 204 N Avenue B, Elgin TX 78621, with an adjusted value of $203,554; a strong comparable. Based on 7 relevant data points in MOGONYE, 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