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$353,899

NAL Estimated Property Value

117 W Point Way, Elgin, TX, 78621

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,356 Sq Ft
price_per_sqft$131.58 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
CoolingCooling
AppliancesBuilt In Electric Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Oven, Stainless Steel Appliances
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesExterior Steps, Garden, Private Yard
Lot Size6,316 sqft

Building Information

Roof Type105
Garage Spaces2

Land Information

APNR8711877
Lot Number14
Land UseResidential
Legal DescriptionSARATOGA FARMS SUBDIVISION SECTION FIVE, BLOCK E, LOT 14, ACRES 0.1450
Census Tract950202
Assessed Land Value$63,225
Assessed Improvement Value$290,674
Assessment Year2025

About this property

Discover your dream home at 117 W Point Way, Elgin, TX 78621! This stunning 2-story house features 4 spacious bedrooms, 3 full bathrooms, and not one but two inviting living rooms—perfect for both family time and entertaining guests. With parking space for up to 4 cars, convenience is guaranteed. The highlight? A massive private backyard with no back neighbors, ideal for outdoor gatherings, gardening, or simply enjoying the peace and quiet. Don’t miss out on this exceptional opportunity to own a home that offers space, comfort, and privacy in a great location!

Investor Tools

Property Icon
$353,899
Estimated Property Value
$180,346Estimated Mortgage Balance
$173,835Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,123 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$353,899
2025
$63,225
$290,674
$353,899
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$353,899

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Emporium Tpo Llc
Conventional
$185,000
No
First
Nov 18, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,346
$173,553
49%
51%
$1,110/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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117 W Point Way | Property Details | No Agent List