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$293,000

110 Lexington Rd, Elgin, TX, 78621

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.45 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesGas Range, Free-Standing Electric Range
FlooringBamboo, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size8,494 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR13498
Lot Number1D
SubdivisionS8220 - W & O
Land UseResidential
Legal DescriptionW & O, BLOCK 1, LOT 1 D (FR)
Census Tract950202
Assessed Land Value$125,609
Assessed Improvement Value$130,057
Assessment Year2025

About this property

Charming Updated 1940s Cottage in the Heart of Elgin! Step into this beautifully updated 3-bedroom, 2-bath cottage-style home boasting 1,224 sq ft of character and comfort. Built in 1940 and thoughtfully renovated, this gem blends vintage charm with modern updates, including Hardie siding, new kitchen counters and backsplash, a reimagined primary suite and guest bathroom, redesigned laundry room, and a brand-new hot water heater. What truly sets this property apart are the two detached, insulated bonus buildings—each fully heated and cooled with mini-splits. One is perfect as a home office or craft room, while the second bungalow offers endless possibilities: a game room, studio, workshop, or additional living space. Comparable homes simply don’t offer this kind of flexibility! Situated on a peaceful street within walking distance to historic downtown Elgin, you'll enjoy easy access to local cafés, shops, live music, weekend markets, antique stores, and community festivals. All the charm of small-town living, with the convenience of Austin and Bastrop just a short drive away. Don’t miss this rare opportunity to own a move-in-ready home with unique bonus spaces in one of Central Texas’ most beloved communities!

Investor Tools

Property Icon
$293,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$163,757Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,792
$255,666
2025
$125,609
$130,057
$255,666
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,792
$255,666

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Conventional
$100,000
No
First
Aug 15, 2013
Sep 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,575
$170,425
56%
44%
$960/mo

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.

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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: Elgin

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110 Lexington Rd | Property Details | No Agent List