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$966,000

NAL Estimated Property Value

12525 Ballerstedt Rd, Elgin, TX, 78621

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,237 Sq Ft
price_per_sqft$293.48 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Electric Oven, Dishwasher, Disposal, Exhaust Fan, Microwave, Propane Cooktop, Stainless Steel Appliance(s), Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Private Yard
Lot Size6.80 acres

Building Information

Year Built2011
Stories1
Roof Type104
Garage Spaces4

Land Information

APN02349003410000
Lot Number3
SubdivisionWillow Creek Farms
Land UseResidential
Legal DescriptionLOT 3 BLK A WILLOW CREEK FARMS
Census Tract002217
Assessed Land Value$467,012
Assessed Improvement Value$498,988
Assessment Year2025

About this property

**MULTIPLE OFFERS RECEIVED** A beautiful, Santa Barbara-style home, offering the ultimate in privacy, views, and seamless indoor/outdoor living is awaiting its new owner. **Property is listed in Elgin, but it is not nearly as far and is much closer to the city than downtown Elgin is.** With just under 7 acres, a private pond, Hill-Country views, and literally thirty minutes or less to downtown, The Domain, ABIA, and the University of Texas, this property offers it all on a single level, with a heated swimming pool and outdoor electric screens to make for an amazing indoor/outdoor living experience! Custom-built with 2x6 framing, foam insulation, custom cabinetry, travertine flooring, and so much more, the magnitude and beauty of natural light that shines through this home can't be overstated. A dedicated home office complements the layout and makes sense more than ever in today's world. The master suite is impressive, with a tri-head, walk-in shower, a jetted tub, his and her closets, and so much more! This is an amazing opportunity to own a slice of Hill-Country Heaven! Walk in through the Cantera doors and immediately see why this home was built to sweep you away into your own, private, Hill-Country estate.

Investor Tools

Property Icon
$966,000
Estimated Property Value
$328,725Estimated Mortgage Balance
$637,911Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,796 /month
Positive
Cash Flow Estimate:
$1,932 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$815/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,949
$966,000
2025
$467,012
$498,988
$966,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,949
$966,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eagle Bank
Conventional
$362,739
No
First
May 17, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,725
$637,275
65%
34%
$2,175/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,175/mo
$-87/mo
2.6%

City: Elgin

12525 Ballerstedt Rd | Property Details | No Agent List