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$240,000

NAL Estimated Property Value

1212 Elm Court, Runaway Bay, TX, 76426

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,232 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$112.01 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop
FlooringCarpet, Laminate

Exterior

Lot Size3,659 sqft

Building Information

Year Built1970
Stories1
Roof Type158
Garage Spaces1

Land Information

APNS2686.0043.00
Lot Number43
SubdivisionRunaway Bay Unit 6
Land UseResidential
Legal DescriptionLOT 43 BLK 1 RUNAWAY BAY UNIT 6
Census Tract150402
Assessed Land Value$14,636
Assessed Improvement Value$156,551
Assessment Year2025

About this property

Your opportunity to own a single story condo in Runaway Bay! This condo is minutes from golfing, beautiful Lake Bridgeport and the newly renovated club house. You can soak up the sun at the lake and be home in a jiffy. When you walk in the home greets you with plenty of light and an open concept. You can entertain family and friends with ease. The kitchen was recently remodeled and showcases granite countertops and new cabinets. The washer and dryer connections are in the hallway making laundry day a breeze. When it's time to retire for the night both bedrooms are a generous size. The master bedroom does have it's own private en suite. Oh and don't forget about the one car garage! The new roof coming soon.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$122,794Estimated Mortgage Balance
$117,206Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,763
$171,187
2025
$14,636
$156,551
$171,187
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,763
$171,187

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Fha
$135,499
Yes
First
Jun 4, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,794
$117,206
48%
51%
$813/mo

City: Runaway Bay

1212 Elm Court | Property Details | No Agent List