Ed's Opinion of Value

$189,574 Ed's Estimate: $368,473 $795,000
Lowest Comp Recommended List: $463,000 to $601,000 Highest Comp
My analysis of 7 comparable properties puts this home's estimated value at $368,473. Based on how the local market is moving, a list price between $463,000 and $601,000 would position this home well. This would position the home competitively among 4 active listings in 78621. At 15 years newer than typical comps, the 2007 build date influences the valuation. The larger lot (4.74 acres versus the area average of 1.63) contributes to the valuation. 4 similar homes are currently available in 78621, creating a buyer's market for this price range. The 6 month price trend in 78621: fallen 8.3%. The best comp here is TBD FM 3000 Tract 9, Elgin TX 78621 at an adjusted value of $651,263, with a larger floor plan. The comp data here (7 sales in 78621) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
4 Beds
2 Baths
2,244 Sq Ft
4.74 Acres
2007 Built

About This Property

ACREAGE TRACT LEVEL WITH NICE HOME SITES SCATTERED TREES PAVED ROAD FRONTARestrictions: Yes

Location

Schools

School District Elgin ISD
Elementary Elgin
High School Elgin

Property Details

Property Type Land
Heating None
Exterior None
County Bastrop
MLS # 7582415

Listing History

MLS# 7582415 21 days
Oct 4, 2024 Off Market
May 9, 2024 Listed $53,500
Apr 20, 2001 Pending

Frequently Asked Questions About RED TOWN RD, Elgin TX 78621

When was RED TOWN RD, Elgin TX 78621 built?

RED TOWN RD, Elgin TX 78621 was built in 2007.

How much does RED TOWN RD, Elgin TX 78621 cost?

RED TOWN RD, Elgin TX 78621 sold on October 4, 2024. Contact us for sale price details.

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