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Days253Days on Market
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$795,000

1353 Red Town RD B, Elgin, TX, 78621

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$318 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Microwave, Oven, Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size3.00 acres

Building Information

Garage Spaces2

Land Information

APNR63354
Lot Number11
SubdivisionDavenport Acres
Land UseAcreage Undeveloped Land
Legal DescriptionDAVENPORT ACRES, LOT 11, ACRES 3.0020
Census Tract950102
Assessed Land Value$201,865
Assessment Year2025

About this property

Modern Country Living Meets Smart Investment Opportunity in Elgin, TX! Discover the perfect blend of rural charm and modern comfort with this brand-new 2,500 sq ft home nestled on 3 acres in the heart of Elgin, Texas. This thoughtfully designed property delivers open-concept living and an income-producing advantage — ideal for families or savvy investors. Looking for a place that feels like home and works for you? This property is move-in ready and income-producing from day one. Main Home Highlights: 3 Spacious Bedrooms | 2 Full Baths Bright, Open Floor Plan with Seamless Flow Modern Kitchen & Oversized Island for Entertaining Large Primary Suite with Walk-In Closet Inviting Front Porch & Rear Patio — Perfect for Texas sunsets Spacious 2-Car Garage Bonus Feature: A leased Tiny Home sits privately on the property, offering a steady income stream or potential for guest accommodations. Location Highlights: Only 18 minutes to Taylor, TX Quick access to Austin and ABIA Airport Peaceful country setting with convenience to major corridors, schools, and local amenities With room to expand, wide-open skies, and a prime location near one of Central Texas’ fastest-growing corridors, this Elgin gem is the ideal mix of comfort, space, and opportunity. Schedule your private showing today — opportunities like this don’t come often! Let’s talk about how this Elgin property can fit your lifestyle and your investment goals. #ElginTX #TexasRealEstate #CentralTexasLiving #BastropCounty #NewBuildHome #TexasLandForSale #ElginHomes #CountryLivingTexas #AustinRealtor #InvestmentProperty #TinyHomeRental #ModernFarmhouse #LandAndHome #RealEstateTexas #MoveInReady #HomeSweetHome

Investor Tools

Property Icon
$201,865
Estimated Property Value
$0Estimated Mortgage Balance
$201,865Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

Interested in this property?

JR Soler

RE/MAX Bastrop Area

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,264
$201,865
2025
$201,865
N/A
$201,865
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,264
$201,865

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$201,865
100%
0%
$0/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.

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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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1353 Red Town RD B | Property Details | No Agent List