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$264,000

112 Hillside Cv, Elgin, TX, 78621

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths1,691 Sq Ft
DuplexDuplex
price_per_sqft$156.12 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator, Range Hood, Stainless Steel Appliances
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesExterior Steps, Lighting, Private Yard
Lot Size9,714 sqft

Building Information

Year Built1986
Roof Type105

Land Information

APNR53584
Lot Number8
SubdivisionS6210 - Hillside Sub Sec 1
Land UseResidential
Legal DescriptionHILLSIDE SUB SEC 1, LOT 8, ACRES 0.2231
Census Tract950201
Assessed Land Value$130,030
Assessed Improvement Value$98,970
Assessment Year2025

About this property

Investor opportunity in a growing Elgin location with flexibility for both traditional investors and owner-occupants. This duplex features one 2-bedroom/1-bath unit and one 2-bedroom/1.5-bath unit, with Unit A currently leased and Unit B vacant with a positive rental history. The vacancy creates an opportunity to place a new tenant, make additional improvements, or occupy one side while maintaining rental income from the other. Some updates have already been completed, while additional opportunities remain to continue improving the property and enhance its long-term rental potential. The property has demonstrated a stable rental history with a track record of tenant retention. Each unit offers its own laundry closet, refrigerator, separately metered water and electricity, and private fenced backyard area. No HOA. Situated at the end of a cul-de-sac with convenient access to US 290, the property is well positioned between Austin, Taylor and Bastrop County, placing it near significant employment and development activity throughout the region, including expanding semiconductor, technology and manufacturing corridors. A versatile duplex offering existing tenancy, future flexibility and value-add potential in a growing Central Texas market.

Investor Tools

$0Estimated Mortgage Balance
$301,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Faith Staires

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,490
$229,000
2025
$130,030
$98,970
$229,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,490
$229,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$301,000
100%
0%
$0/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.

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: Elgin

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