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507 Madison St, Elgin, TX, 78621

$67,000

0.18 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #557018
Lot Size0.18 Acres
StatusActive

About 507 Madison St

Located just two blocks from historic downtown Elgin this property has a ton to offer. Experience small town charm within minutes from downtown Austin, it's the best of both worlds. Shopping and restaurants are just a short walk as well as the beautiful Thomas Memorial Park. The property has mature trees and is ready and waiting for you to build your forever home. The adjacent lot 00 Madison is also available and if both are purchased together the seller would be open to a package deal. Don't pass on this amazing opportunity to own an absolute gem. Zoning on this one is R-3 for single family, duplex, and modular homes.

Property Details

Property Features

Listing Office:

  • Office Name: JB Goodwin, REALTORS
  • Office Phone: (210) 581-9050
  • Listing Agent: Bryan Ryder

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Fence, None

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Other

Directions Information:

  • Directions: From US HWY 290 exit MLK and take a right. Take an immediate right on Madison and the property is on the right side, vacant lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $67,000

Tax Information:

  • Annual Amount: $1,782
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elgin, TX.

Med. Sold Price

$313.9K

Med. Price/SqFt

$187

Avg. Days On Market

73

# of Sold Homes

12

507 Madison St vs Elgin

40 DAYS ON ROCKET

-33 Days

$67,000

-$246.9K Less

KEY TAKEAWAY

This property is $246.9K less than the Median Sold Price in Elgin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CentralTexas
  • MLS Number: #557018

Listing Office:

  • Office Name: JB Goodwin, REALTORS
  • Office Phone: (210) 581-9050
  • Listing Agent: Bryan Ryder

IDXData provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 12/22/2024, 1:16:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,782$62,256
2019$231$7,841
2018$231$7,841
2017$234$7,841

History based on county public records data.

Payment Calculator

$402

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$267

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-843526
1
/10
  • Booker T. Washington Elementary School

  • 510 M L K Dr

  • 0.10 miles

  • Public District Grades PK-4

school-card-donut-843527
2
/10
  • Elgin Elementary School

  • 1005 W 2nd St

  • 1.07 miles

  • Public District Grades PK-4

school-card-donut-843528
2
/10
  • Neidig Elementary School

  • 13700 County Line Rd

  • 2.93 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,175. Typical income of Elgin, TX residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Madison St

What is the listing price of this property?

The listing price of 507 Madison St property is $67,000.

What type of property is this?

The property 507 Madison St is land located in Elgin, Texas, 78621.

Is this property for sale now?

Active Listing: 507 Madison St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,782 (source: MLS/based on county public records data).

How much acreage is this property?

The property 507 Madison St is 0.18 acres.
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Rocket HomesTexasBastrop CountyElgin78621507 Madison St

This home is located at 507 Madison St in Elgin, TX and zip code 78621. This home sits on a 0.18 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $67,000.

Elgin, TX housing market in November 2024 saw over 0 listings sold above listed price, more than 5 sold at listed price and over 7 sold below. Between October 2024 and November 2024, Elgin, TX real estate market has seen decrease in the number of listings by 7.5%. The median list price of listings available in November 2024 was $313,945, while the average time on the real estate market was 73 days.

From Rocket Homes Real Estate and based on county public records data.

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