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$330,000

Beds
3
Baths
2.0
sq ft
2,200

548 Lower Elgin Rd, Elgin, TX 78621

548 Lower Elgin Rd

Elgin, TX 78621

  • 333 days on market
    • Price drop $30,000↓
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, spacious septic tank, ensuring worry-free living. Currently, the estate is a savvy investment, producing $1950 in monthly rental income with month-to-month tenants in place (Owner 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.

Details

Property type

Manufactured Home

Lot size

0.504 acres

Price per sq ft

$150

Year built

1997

Annual property taxes

$3,729

HOA

No

Price History

02/26/2024
Austin

Austin #5457729

Price change
$330,000
-8.33%
12/11/2023
Austin

Austin #5457729

Listed
$360,000

Schools & Community

Elementary school: 

Booker T Washington

Middle school: 

Elgin

High school: 

Elgin

Community features: 

None

High school district: 

Elgin ISD

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Status: Active

Tomo last checked: 11/08/2024 at 7:50 PM

Listing updated: 10/09/2024 at 11:46 AM

Listed by: Marni Kempf, Baemayr Realty Group, LLC Phone #: (512) 647-2709

MLS: Austin #5457729

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