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$288,000

NAL Estimated Property Value

1131 Elkins Rd, Tuscola, TX, 79562

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.06 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave

Exterior

Lot Size7,492 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNS7020001400
Lot Number6
SubdivisionArrowhead Trails
Land UseResidential
Legal DescriptionARROWHEAD TRAILS, BLOCK B, LOT 6, ACRES .172
Census Tract013502
Assessed Land Value$30,000
Assessed Improvement Value$245,438
Assessment Year2025

About this property

TUSCOLA -Right in the cute little town of Tuscola, see this newly built home located on a quiet cul-de-sac on the west side of Tuscola. Watch the sunset over the mountains every evening. Well thought out, split-floor plan, offers privacy for all, and additional storage options. Reclaimed natural wood window trim from a 1945 home in Hamilton, TX. Custom Maple cabinets, stainless appliances and leathered-finish granite create a functional and appealing kitchen space. The laundry area has a flex space that can be used for drying clothes, a deep freezer, or extra storage. Pergola has been added to the backyard which is a great beginning to creating a relaxing backyard entertaining area. Great option for folks who do not want a huge yard to maintain. Enjoy the highly desirable small town charm of Tuscola, TX. Homes on Elkins Road are charming and neighbors are excited to welcome new people!

Investor Tools

Property Icon
$288,000
Estimated Property Value
$164,943Estimated Mortgage Balance
$123,057Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,093
$275,438
2025
$30,000
$245,438
$275,438
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,093
$275,438

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Conventional
$170,000
No
First
Sep 11, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,943
$123,057
42%
57%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$1,020/mo
+$470/mo
6.2%

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: Tuscola

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1131 Elkins Rd | Property Details | No Agent List