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Days27Days on Market
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$99,000

10847 Elk Rd, Axtell, TX, 76624

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,102 Sq Ft
price_per_sqft$89.84 / sqft
Year BuiltBuilt in 1934

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesGas Water Heater, Other

Exterior

Lot Size1.50 acres

Building Information

Year Built1934
Stories1
Roof Type105
Garage Spaces3

Land Information

APN120281000029001
SubdivisionDickinson S B
Land UseResidential
Legal DescriptionDICKINSON S B ACRES 1.5
Census Tract003500
Assessed Land Value$36,340
Assessed Improvement Value$103,170
Assessment Year2025

About this property

Investors! This is being sold AS IS, needs some repairs, and it has a lot of potential. It features two nice sized bedrooms, one bathroom, extra storage and tractor shed. sitting on 1.5 acres . This is a great opportunity! Don't wait, call today to get more information ! Located in Axtell ISD While the information found within this MLS listing is deemed to be accurate and reliable, it is not guaranteed. Buyers Agent and Buyers are responsible to verify all information.

Investor Tools

$0Estimated Mortgage Balance
$271,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

Interested in this property?

Mindy Lawson

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,823
$139,510
2025
$36,340
$103,170
$139,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,823
$139,510

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$271,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
5.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Axtell

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10847 Elk Rd | Property Details | No Agent List