507 Madison Street

Elgin, TX 78621

$61,500
Last Sold Price
7,840 / 0.18
Lot Size / Acres

Description

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 in close proximity 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...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 in close proximity 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.
  1. Listed by Dorothy Trainer • TREC #0746494 • JBGoodwin REALTORS WL
    P: (512)-796-3723 C: (512)-796-3723 dorothytrainer@jbgoodwin.com

Property Details for 507 Madison Street

Subdivision Name
Cartwright
Waterfront
No
Waterfront Description
None
Parcel Number
14929
Tax Lot
12
Elementary School
Booker T Washington
Elementary School District
Elgin ISD
Middle Or Junior School
Elgin
LISTING UPDATED: 12/31/2024 10:41 AM

Property Details for 507 Madison Street

StatusClosed
MLS #7670407
Days on Market42
Taxes$1,725 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.18 AC
CountyBastrop County

Virtual Tour

Building Information for 507 Madison Street

Lot Size0.18 AC

Property Information for 507 Madison Street

General Information
Interior
Exterior
  • Community Features: See Remarks
Property Information
Lot Information
  • Lot Features: Cleared, Level, Moderate Trees
  • Mineral Rights: None
  • Horse: No
  • Horse Amenities: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Above Ground Utilities, Electricity Available, Phone Available, Water Available
  • Water Source: Public
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $122,395
  • Tax Year: 2024
  • Tax Rate: .01%
Showing Information
Showing Information
  • Directions: From 290, exit MLK, right on Madison

Property History for 507 Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 Madison Street

Taxable ValueLand$55,866Additions-Total$55,866
Tax Record2023$283,476 ($23,623 / month)
Home Facts
Beds0Lot Size7,841 SqFtStyleResidentialCountyBASTROPAPNR14929

Schools near 507 Madison Street

This home is within Elgin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Booker T Washington Elementary School
PublicPK to 4

Elgin Middle School
Public7 to 8

Elgin High School
Public9 to 12

Phoenix High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JBGoodwin REALTORS WL, Dorothy Trainer, TREC #0746494

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.