1038 RED TOWN ROAD, ELGIN, TX 78621
Homes for sale in Elgin.
Homes for sale in 78621.
1038 Red Town Road
Elgin, TX 78621
List Price$415,000
Listing #38566354
4
Bedrooms
3 full, 1 partial
Bathrooms
3,369
Square Feet
Farm
Type
About This Property
RECENTLY REDUCED -- Fixer-Upper Bargain on 1.7 Acres Near Elgin Built in 1977, 1038 Red Town Road is a 3,369 sq ft ranch-style home just outside Elgin, about 25 miles from Austin. The house is livable but ideally needs a full update and is priced accordingly, recently reduced from $450,000 to $415,000. With its rock exterior and vaulted living sunroom, the home has great character and tons of room. There's a horse barn, a 3-car detached garage/barn, and a 2-car attached garage. For the right buyer--someone who sees potential beyond dated finishes--this is a rare opportunity. At under $65 per square foot (after land value), the home is priced with lots of room to spare. New construction in this area typically runs $180 per square foot. A similar ranch-style built the same year, fully remodeled, sold for $1.1 million (1123 Red Town Rd) across the street. At $415,000 with motivated sellers, this is a chance to remodel and create a dream home with built-in equity.
Property Features
Location Information
County
Bastrop
Subdivision
Christian, Thomas
Latitude
30.368325
Directions
From 290 head North on Main St. You will go through the historical district of Elgin then will see Lexington Rd on the Right. Turn right. Continue on Lexington Road. It turns into Red Town Road after a few blocks. After 3-4 minutes you will pass a large estate on the right. Slow down. The property will be on the
Longitude
-97.359407
Interior Features
Room Descriptions
Bathroom, Bathroom, Bathroom, Bedroom, Bedroom, Bedroom, Dining Room, Kitchen, Library, Living Room, Primary Bathroom, Primary Bedroom, Sunroom, Utility Room
Has Fireplace
Yes
1/2 Baths
1
Exterior Features
Style
Ranch
Has a Pool
No
Stories
1
Is a Horse Property
Yes
Is New Construction
No
Acre Range
1 Up to 2 Acres
Construction
Stone
Lot Description
Rolling Slope, Trees
Parking Description
Attached, Detached, Electric Gate, Garage, Oversized, Workshop in Garage
Lot Size in Acres
1.7
Has Garage
Yes
Lot Size in Sq. Ft.
0
Garage Spaces
6
Is One Story
Yes
School
School District
Elgin
Middle School
ELGIN INTERMEDIATE
Elementary School
HARVEST RIDGE ELEMENTARY
High School
PHOENIX HIGH SCHOOL (ELGIN)
Additional Information
Finance Available
Cash, Conventional, Investor Financing
Year Built
1977
Property Type
FRM
Status
Pending
Property SubType
Detached
Similar Listings
Mortgage Calculator
$1,936
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,495
Monthly Tax
$345
Monthly Insurance
$96
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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