901 Old McDade RD, Elgin TX 78621

Elgin, TX 78621 | Garretson, Thomas

Ed's Opinion of Value

$224,999 Ed's Estimate: $268,827 $393,484
Lowest Comp Recommended List: $195,000 to $205,000 Highest Comp
Taking into account 7 nearby comparable sales, this property's estimated value comes to $268,827. If we were to list this property today, I'd recommend a list price in the $195,000 to $205,000 range. This home's position in the current GARRETSON, THOMAS market: the most expensive of 7 comparable homes on the market among comparable properties. A pool adds market appeal. Only 7 minus 7 of the comps had one. Being built in 1953 (9 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in GARRETSON, THOMAS; a buyer's market based on recent absorption. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 204 E Brenham ST, Elgin TX 78621 at an adjusted value of $250,360, with no pool. The strength of this estimate comes from 7 directly comparable sales in GARRETSON, THOMAS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
2 Beds
1 Baths 1 Full
1,088 Sq Ft
4.594 Acres
1953 Built

About This Property

Welcome to 901 Old Mcdade Road - this is a truly unique property set upon 4.5 acres within a mile of Downtown Elgin’s up-and-coming popularity. This home was built, year exactly unknown, likely in the 1920’s as a brick home, built room by room. There have been 3 owners in this property’s history. The current owners bought the home in 2018 and have thoughtfully restored and improved the home & the acreage over their recent ownership yet with a desire to preserve the original charm & character of the home. Functional improvements on the home such as windows, metal roof, HVAC units & solar. Surrounding the 4.5 acres there are perennial gardens featuring native plants, vegetable gardens and an Orchard with 14 fruit trees. There are so many features, please see the attachment featuring the improvements and personal letter from seller explaining property history. This home is set at the front of the property leaving the 4.5 acres available for exploring. Owners did much of the land and brush clearing, creating pathways to multiple serene park areas and a personal campsite. There are Owl’s, Roadrunners and lots of wildlife in this nook of downtown Elgin. Please note, while owners have restored and improved this home, it still remains an 100-year old home and will likely show old-home items upon an inspection. Please see attached Engineer report pertaining to sunroom/storage area (not included in sqft) and Sellers Disclosure Notice. Please contact listing agent with specific questions and to schedule a showing.

Property Highlights

Pool Outdoor Pool

Features

  • Ceiling Fan(s)
  • Primary Bedroom on Main

Location

Schools

School District Elgin ISD
Middle School Elgin
High School Elgin

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air, Electric, Other
Heating Central, Electric, Natural Gas, Solar
Exterior None
County Bastrop
MLS # 8039138

Tax Information

Annual Taxes $5,567 (2022)

Listing History

MLS# 8039138 24 days (22 CDOM)
May 22, 2023 Off Market
Apr 7, 2023 Listed $450,000

Frequently Asked Questions About 901 Old McDade RD, Elgin TX 78621

When was 901 Old McDade RD, Elgin TX 78621 built?

901 Old McDade RD, Elgin TX 78621 was built in 1953.

How much does 901 Old McDade RD, Elgin TX 78621 cost?

901 Old McDade RD, Elgin TX 78621 sold on May 22, 2023. Contact us for sale price details.

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