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$410,635

NAL Estimated Property Value

1450 County Road 465, Elgin, TX, 78621

Off MarketInfo
Baths0 Bath
Baths6,842 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$60.02 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11 acres

Building Information

Year Built2022

Land Information

APNR-07-0057-0000-0009AFC
Land UseResidential
Legal DescriptionAW0057 AW0057 - BISSET, R. SUR., ACRES 11
Census Tract020900
Assessed Land Value$320,320
Assessed Improvement Value$90,315
Assessment Year2025

About this property

11-Acre Parcel of land Sub-Dividable into 10, 1-Acre+ sized Lots! Calling all investors, builders, developers and land-lovers. This flat, easy-to-build, cleared Enormous Scenic Pastural Lot with NO HOA & NO FLOOD ZONE will go fast! It’s convenient to Shopping, Schools and local Amenities: Located less than 10 miles north of Downtown Elgin and just 15 minutes from the new Samsung Factory in Taylor, TX! If you are looking for a vast, Breathtaking and Beautiful Rural “blank canvas” to make a home here, look no further! Seller has already constructed a 6,000 sq. ft. Concrete Slab Foundation with Plumbing. The concrete foundation is 6” deep with 24x16 footings, 3x6 piers and crossbeams. A water line has been installed that comes in from the road and extends through the slab. Electricity, Cable and Phone service is Available to be connected as well. Whether you’re looking to build your dream home, subdivide the parcel into 10 properties or simply buy to hold and sell in the future, this property has great investment potential!

Investor Tools

Property Icon
$410,635
Estimated Property Value
$312,570Estimated Mortgage Balance
$98,586Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,464 /month
Positive
Cash Flow Estimate:
$821 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$997/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,908
$410,635
2025
$320,320
$90,315
$410,635
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,908
$410,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Open End Mortgage / Open End With Future Advance Clause
$107,600
No
First
Mar 20, 2020
Mar 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,570
$98,065
23%
76%
$1,966/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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1450 County Road 465 | Property Details | No Agent List