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$429,485

NAL Estimated Property Value

1130 Dildy Dr, Elgin, TX, 78621

$558,331 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,000 Sq Ft
price_per_sqft$298 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Exterior FeaturesSprinkler Irrigation, Storage
Lot Size1.18 acres

Land Information

APNR133002
Lot Number2
SubdivisionElgin Business Park
Land UseCommercial
Legal DescriptionELGIN BUSINESS PARK, LOT 2, ACRES 1.176, (AMENDED PLAT OF PT OF LOT 1)
Census Tract950202
Assessed Land Value$155,216
Assessed Improvement Value$274,269
Assessment Year2025

About this property

Looking to take your company to the next level? Maybe you're an investor looking for the next space that will provide you residual income? This property is EXACTLY what you're looking for! Exceptional investment opportunity in Elgin, TX, situated in a high-traffic area near the thriving Trinity Ranch Subdivision in the Elgin Business Park. This 5000 sqft commercial building sits on 1.176 acres and includes 1000 sqft of customer reception and office area with a spacious 4000 sqft insulated workshop with LED lighting, 8 bays, ADA compliance, bonus space, and expansion potential. Centrally located near emergency services, HEB grocery, Ace Hardware, The General Store, City & County offices, and major highway access. This well-maintained property offers endless possibilities for business ventures in the rapidly growing town of Elgin. Directions: From Austin, drive east on Hwy 290 to Elgin. Turn right on Swenson Blvd and follow for .4 mile, turn right on Dildy Dr Property is on the right. Look for mail box and signs.

Investor Tools

Property Icon
$429,485
Estimated Property Value
$1,291,093Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$558,331
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,940 /month
Positive
Cash Flow Estimate:
$2,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,049/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,445
$429,485
2025
$155,216
$274,269
$429,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,445
$429,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank Of The Lake
Commercial
$1,352,000
No
First
Aug 2, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,291,093
N/A
0%
301%
$4,830/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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1130 Dildy Dr | Property Details | No Agent List