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$330,000   Price Analysis
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548 Lower Elgin Rd
Elgin, TX 78621
3 bed 2 bath 2,200 SqFt ($150/SqFt)
0.5 acre lot. Built 1997
Listed 2023-12-11, Taxes $4,125
Ⓧ USDA Ineligible
due to property

near Elgin

Nestled on almost one acre of picturesque land

This unique estate offers a serene escape with multiple living options. The main attraction is the charming 3 bedroom, 2 bathroom manufactured home that provides comfort and style. As you explore the property, you'll discover an additional residence at the rear, already leased and generating income. At the front, a recently remodeled one bedroom apartment awaits its finishing touches, promising modern living spaces. Experience energy efficiency with two brand new air conditioning units and solar panels that power all three homes, showcasing a commitment to sustainability.

The property is equipped with a new, roomy septic tank, ensuring wrry-free living. Currently, the estate is a savvy investment, producing $1950 in monthly rental income with month-to-month tenants in place (Owne r occupies one of three homes). Two generously sized storage units offer ample space for your belongings and for your convenience. Don't miss the chance to own this one-of-a-kind property that seamlessly blends comfort, income potential and environmental responsibility.


Presented by Marni Kempf at
Baemayr Realty Group, Llc.
Listing Agent Photo

Property MLS #5457729 from UnlockMLS

Bedrooms: 3
Bedrooms On Main Level: 3

Total Bathrooms: 2
Full Bathrooms: 2

Breakfast Bar
Counter-Granite
Electric Dryer Hookup
Primary Bedroom on Main
Walk-In Closet(s)
Washer Hookup
Flooring: Tile
Window Features: Window Treatments

Dishwasher
Electric Cooktop
Microwave
Refrigerator
Washer/Dryer
Laundry Features: Laundry Room, Main Level

Cooling Features: Central Air
Heating Features: Electric

Fencing: Chain Link, Fenced
Other Structures: Mobile Home, Storage
Patio And Porch Features: Awning(s), Covered, Patio

Lot Description: Public Maintained Road, Many Trees, Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres: 0.504
Lot Size Square Feet: 21954

Parking Total: 4

View: Trees/Woods
Security Features: Smoke Detector(s)

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Booker T Washington
High School: Elgin
Middle School: Elgin
School District: Elgin ISD

Booker T Washington Elementary School is a public elementary school located approximately 6.2 miles away.
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Elgin Middle School is a public middle school located approximately 7.1 miles away.
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Elgin High School is a public high school located approximately 7.7 miles away.
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Source Listing Status: Active
Tax Exemptions: Homestead
County: Bastrop
Directions: Property is located off of FM 1704 and Coon Neck Road in Elgin, Texas. Use GPS for directions.
Tax Year: 2023
Source Property Type: Residential
Area: EL
Source Neighborhood: Standifer, William
Parcel Number: R80340
Subdivision: Standifer, William
Flood Plain: No
Property Subtype: Manufactured Home
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$142,526 + $81,999
$224,525
$4,125
2022$119,608 + $67,822
$187,430
$4,832
2021$98,526 + $55,314
$153,840
$4,172
2020$unknown + $unknown
$139,374
$3,527
2019$unknown + $unknown
$114,341
$3,240
2018$unknown + $unknown
$100,982
$2,664
2017$76,682 + $15,120
$91,802
$2,358
2016$75,177 + $15,120
$90,297
$2,159
2014$74,621 + $11,592
$86,213
$1,951
2014$71,177 + $11,592
$82,769
$1,955
2013$unknown + $unknown
$82,062
$2,036
2012$unknown + $unknown
$82,062
$1,926
2011$unknown + $unknown
$82,567
$1,848
2010$unknown + $unknown
$82,567
$1,865
2007$71,838 + $11,592
$83,430
$1,788

Price Changed 2024-02-26
$330,000
UnlockMLS
Listed 2023-12-11
$360,000
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Sold 2020-01-31
$0
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Price Changed 2019-09-10
$130,000
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Listed 2019-08-15
$159,900
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Listing removed 2019-08-15
$0
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Price Changed 2019-07-14
$159,621
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Price Changed 2019-05-07
$160,000
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Listing removed 2019-01-12
$0
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Listed 2019-01-11
$175,000
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Listed 2019-01-08
$175,000
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Total Square Feet Living: 2200
Year Built: 1997
Builder Name: Palm Harbor
Direction Faces: East
Foundation Details: Pillar/Post/Pier
Levels: One
Living Area Source: Public Records
Property Age: 27
Roof: Composition
Year Built Source: Public Records

Grip-Accessible Features

Sewer: Septic Tank
Electricity Available
Internet-Cable
Internet-Fiber
Water Source: Public
Click Thumbnail Images To View Full Size
farm_landyardhouse_viewyardfarm_land
living_roomdining_roomkitchenkitchenbedroom

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.