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$302,769

NAL Estimated Property Value

14005 Ballast Dr, Elgin, TX, 78621

$366,545 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.72 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Oven, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,950 sqft

Building Information

Year Built2021
Stories2
Roof Type183
Garage Spaces1

Land Information

APN06451101240000
Lot Number16
SubdivisionPeppergrass Phs 1a
Land UseResidential
Legal DescriptionLOT 16 BLK C PEPPERGRASS PHS 1A
Census Tract045800
Assessed Land Value$54,000
Assessed Improvement Value$275,479
Assessment Year2024

About this property

Looking for more backyard than you know what to do with? You've found it. In an era where backyards are usually about the size of a bath mat, 14005 Ballast breaks all the rules with a massive stretch of outdoor space that’s practically screaming for BBQs, epic cornhole tournaments, or that dream garden you’ve been Pinterest-ing for years. Inside, you’ll find over 1,850 square feet of living space, including 3 bedrooms, 2.5 baths, and a 2-car garage. A versatile loft adds extra flexibility to fit your needs, whether for work, relaxation, or entertainment. Situated on a cul-de-sac, the property enjoys minimal traffic while being less than 10 minutes from HEB and near the Shenandoah Greenbelt, providing easy access to both amenities and nature trails. Schedule your visit today!

Investor Tools

Property Icon
$302,769
Estimated Property Value
$290,297Estimated Mortgage Balance
$12,915Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$366,544
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,817 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
$30/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,397
$302,769
2024
$54,000
$275,479
$329,479
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,397
$302,769

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Conventional
$295,500
No
First
Apr 28, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,297
$12,472
4%
96%
$1,772/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,802/mo
+$286/mo
8.3%

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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14005 Ballast Dr | Property Details | No Agent List