See Home Value
Bastrop 78621 Lazy River Acres
364 Watersedge Terrace DR
$289,000
● House - Off Market

364 Watersedge Terrace DR

Elgin, TX 78621
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,538 Ft²
$1,805
Est. Monthly
7.95%
Cap Rate

About This Property

Tons of potential here for a dream riverfront property just a stone's throw away from Austin Bergstrom Airport. This expansive 2+ acre lot boasts a picturesque setting with direct river frontage, offering a rare and unique opportunity for those seeking water frontage while still being conveniently located near city amenities.

This property currently features a total of 6 structures. Two of these structures are in close to livable condition and will need some level of remodel/make ready. The remaining 4 structures are not in livable condition.

While the property is currently in the process of being cleaned up by the owner, the potential of a pristine and well-maintained estate is evident. As many new homes have been built up in the area.

Whether you're looking for a weekend retreat or a permanent residence, this property offers the perfect balance of tranquility and accessibility. Take advantage of the proximity to the city while still relishing the privacy and serenity of your own riverfront oasis.

Don't miss out on the opportunity to make this property your own. Embrace the potential, bring your vision to life, and create a home that seamlessly integrates with the natural beauty of this property. Professional photos coming soon.
Unit Size
1,538 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$188
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1965

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Last updated: 3 years ago (Unlock MLS #ACT9366711)

Price History

Date / Event Date Event Price
Apr 8, 2024 In contract -
In contract
Feb 27, 2024 Price Decreased $289,000
↓ $10K (3.3%)
Price Decreased
Feb 19, 2024 Listed by MODUS Real Estate $299,000
Listed by MODUS Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 108,856
  • Total Building Area: 1,178
  • Gross Building Area: 1,248
  • Building Area: 1,178
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,178
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAZY RIVER ACRES
  • Land Acres: 0000002499
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: LAZY RIVER ACRES, LOT 9, ACRES 2.499

Neighborhood

  • School District Name: Elgin Independent School District
  • School Tax School District: S01
  • Census Tract: 950101

Geography

  • Assessors Map Reference: 469-T
  • Parcel: R11640
  • Lot: 9
  • Municipality: ELGIN
  • Latitude: 30.2007
  • Longitude: -97.4861

    Address

  • Full Address: 364 Watersedge Terrace Dr
  • Address - House Number: 364
  • Address - Street Name: Watersedge Terrace
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Elgin
  • Carrier Code: R007
  • 4-Digit Zip Code: 5704
  • Zip Code: 78621

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $458,588
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: S01

    Appraisal Valuation

  • Standard Deviation: 0.2367
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 353,274
  • High Value: 436,913
  • Low Value: 269,635

    Market Valuation

  • Market Total Value: $258,369
  • Market Land Value: $190,890
  • Market Improvement Value: $67,479

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,369
  • Assessed Land Value: $190,890
  • Assessed Improvements Value: $67,479

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jun 20, 2019
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201908974
  • Previous Sale Recording Date: Apr 26, 2005
  • Previous Sale Contract Date: Dec 21, 2004
  • Previous Sale Amount: $34,700
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lazy River Acres


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101 Javans Nest, Cedar Creek, TX, 78612 Listing by April Baker


Frequently Asked Questions

When was property at 364 Watersedge Terrace Drive built and last sold?
The property at 364 Watersedge Terrace Drive was built in 1965 and last sold on Jun 19, 2019 for $223,300.
How much is this home worth?
The estimated value of the home located at 364 Watersedge Terrace Drive is $291,890.
What are some comparable homes to 364 Watersedge Terrace Drive?
There are currently no comparable homes to 364 Watersedge Terrace Drive.