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$363,450

NAL Estimated Property Value

104 W Ila St, Elgin, TX, 78621

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,776 Sq Ft
price_per_sqft$121 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Oven, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size16,074 sqft

Building Information

Year Built1920
Stories1
Roof Type105

Land Information

APNR15580
Lot Number72
SubdivisionDannelley
Land UseResidential
Legal DescriptionDANNELLEY, LOTS 72 (FR), 73 & 74 (W 1/2)
Census Tract950201
Assessed Land Value$138,716
Assessed Improvement Value$224,734
Assessment Year2025

About this property

This is not your cookie cutter home! Seller will contribute $5000 toward buyer closing cost with acceptable offer! Unique Updated home located just off of Historic main street, Home was originally built in 1960 but remodeled 2009, close to shopping and restaurants and the downtown experience. Home was remodeled in the last few years and is move in ready, sits on .37 of an acre with lots of space to add garage or store your RV.Restrictions: Yes

Investor Tools

Property Icon
$363,450
Estimated Property Value
$268,993Estimated Mortgage Balance
$94,457Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,181 /month
Positive
Cash Flow Estimate:
$727 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,720
$363,450
2025
$138,716
$224,734
$363,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,720
$363,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dan Louis Rumer
Reverse Mortgage / Hecm
$294,566
No
First
Oct 14, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,993
$94,457
25%
74%
$1,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,767/mo
$-141/mo
5.4%

City: Elgin

104 W Ila St | Property Details | No Agent List