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$308,926

NAL Estimated Property Value

125 Irene St, Elgin, TX, 78621

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.28 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Exhaust Fan, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,492 sqft

Building Information

Roof Type105

Land Information

APNR15481
Lot Number18
SubdivisionDannelley
Land UseResidential
Legal DescriptionDANNELLEY LOT 18
Census Tract950201
Assessed Land Value$123,317
Assessed Improvement Value$185,609
Assessment Year2025

About this property

Welcome to 125 Irene St in Elgin, TX, a beautifully upgraded 3-bedroom, 2.5-bath home on a quiet street just minutes from Historic Downtown Elgin. This move-in-ready property blends modern comfort with small-town charm and a true sense of community. Inside, enjoy hardwood floors, large windows that flood the home with natural light, and a cozy electric fireplace that anchors the living space. The home is equipped with thoughtful upgrades including a tankless electric water heater for endless hot water, water softener, generator plug for storm readiness, and smart home features such as a smart thermostat and light switches compatible with Alexa and Google. Step outside to a spacious backyard complete with a large storage shed less than two years old, perfect for tools, hobbies, or extra storage. Located in a no-HOA neighborhood, this home offers exceptional walkability and convenience. Enjoy three neighborhood parks within walking distance, the Elgin Recreation Center, HT Fitness Center, and easy access to downtown Elgin, local dining, shopping, and the weekly Farmers Market, all under a mile away. H-E-B is just a short drive, making daily errands a breeze. This friendly, community-oriented neighborhood offers the perfect balance of peace, accessibility, and lifestyle. Don’t miss the opportunity to call this Elgin gem home.

Investor Tools

Property Icon
$308,926
Estimated Property Value
$193,278Estimated Mortgage Balance
$115,648Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,184
$308,926
2025
$123,317
$185,609
$308,926
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,184
$308,926

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Florida Capital Bank Na
Conventional
$217,550
No
First
Aug 21, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,278
$115,648
37%
63%
$1,305/mo

Learn About the Market: Opportunity in Texas

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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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125 Irene St | Property Details | No Agent List