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$414,728

NAL Estimated Property Value

1373 Lower Elgin RD, TX, 78621

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Private PoolPrivate Pool
Lot Size22.03 acres

Land Information

APNR111656
SubdivisionRogers, Joseph
Land UseAgriculture / Farming
Legal DescriptionA55 ROGERS, JOSEPH, ACRES 22.0320
Census Tract950101
Assessed Land Value$412,948
Assessed Improvement Value$1,780
Assessment Year2025

About this property

22.056 ACRES About a mile north of the Colorado River. The most beautiful property located in Elgin, TX. This lush property was formed by alluvial deposits from the river as floods from melting glaciers far to the north deposited gravel, silt, sand, and clay. Yaupon and cedar elm thrived, while post oaks liked the six 27’-35’ gravel hills left by erosion. A wet weather creek bisects the property. Very select clearing of the underbrush created the lush landscape. The gravel road built on the land came from on-site gravel. Core samples at three potential building sites showed deep gravel, making stable foundations simple. Enjoy the peaceful ambiance as you explore the property, with 3 ponds adding to its natural charm. Beautiful hilltop building sites with views. In addition to the abundant cedar elm, you will find yaupon holly and live oak fauna on the land, you’ll also find Texas Persimmon, possum haw and several varieties of ash. The combination of a clay base with large gravel hills allowed high water tables to feed growth of very tall (some about 60”) cedar elms. During the winter and early spring, rye grasses are abundant. Power (Bluebonnet) is on land; power to the water pump has been run underground to reduce visual noise. Well in place and operating. No Restrictions. Bring your horses! Whether you dream of a serene homestead, an equestrian haven, or simply a peaceful retreat, this property offers endless possibilities to create your ideal sanctuary amidst nature's beauty. Conveniently located 24 mi from Austin Airport, 13 mi from Bastrop, 13 mil from DT Elgin, 30 mi from DT Austin, 30 mi from Samsung Factory in Taylor, and 18 miles from the Tesla plant.

Investor Tools

Property Icon
$414,728
Estimated Property Value
$344,881Estimated Mortgage Balance
$69,847Estimated Equity
16% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,588
$414,728
2025
$412,948
$1,780
$414,728
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,588
$414,728

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Travis Froehlich
Unknown
$350,000
No
First
Jun 6, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,881
$69,847
16%
83%
$2,099/mo

City: Elgin

1373 Lower Elgin RD | Property Details | No Agent List