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$260,000

148 Gullivers Dr, Elgin, TX, 78621

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,567 Sq Ft
price_per_sqft$165.92 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Free Standing Electric Oven, Disposal, Microwave, Stainless Steel Appliances
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size7,187 sqft

Building Information

Roof Type105
Garage Spaces2

Land Information

APNR8729577
Lot Number21
SubdivisionTrinity Ranch Phase 1, Section 1
Land UseResidential
Legal DescriptionTRINITY RANCH PHASE 1, SECTION 1, BLK E, LOT 21
Census Tract950202
Assessed Land Value$80,643
Assessed Improvement Value$239,788
Assessment Year2025

About this property

Situated at 148 Gullivers DR in Elgin, TX, this single-family residence, built in 2023, embodies an attractive property in great condition, poised to provide an outstanding living experience. The culinary heart of this residence, the kitchen, presents a sophisticated design with pristine stone countertops and stylish shaker cabinets, all beautifully accented by a tasteful backsplash. A generously sized kitchen island stands ready for elaborate meal preparation or casual morning gatherings, while an integrated kitchen bar offers additional convenience for dining and conversation. In the living room, a welcoming fireplace creates an inviting atmosphere for tranquil evenings and moments of quiet contemplation. The well-appointed bathroom offers a spa-like retreat, featuring a practical double vanity for enhanced convenience and a beautifully tiled walk-in shower that promises a refreshing and invigorating start or end to any day. The residence, built in 2023, embraces a thoughtfully designed open floor plan, fostering an expansive and light-filled atmosphere throughout its primary living areas. Beyond the interior, a charming porch extends a warm invitation, while a private patio provides an ideal setting for outdoor relaxation, all complemented by a securely fenced backyard. This well-appointed property further includes three comfortable bedrooms, two complete bathrooms, and two dedicated garage spaces, ensuring practical comfort and convenience. Discover the refined comfort and practical elegance awaiting you in this meticulously designed residence, offering a truly exceptional living experience in Elgin, TX.

Investor Tools

$311,824Estimated Mortgage Balance
$9,140Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,923 /month
Positive
Cash Flow Estimate:
$641 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
$156/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$320,431
2025
$80,643
$239,788
$320,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$320,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inspire Home Loans Inc
Va
$329,412
Yes
First
Jun 28, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,824
$8,607
2%
97%
$1,975/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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148 Gullivers Dr | Property Details | No Agent List