1038 Red Town Road

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.