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$666,000

NAL Estimated Property Value

149 Meadowood Dr, Elgin, TX, 78621

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,938 Sq Ft
price_per_sqft$335.4 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
CoolingCooling
AppliancesBuilt-In Electric Oven, Built-In Electric Range, Cooktop, Dishwasher, Trash Compactor
FlooringWood

Exterior

Exterior FeaturesPrivate Yard
Lot Size9.39 acres

Building Information

Year Built2001
Roof Type112

Land Information

APNR66842
Lot Number20
SubdivisionForest Ridge Estates
Land UseResidential
Legal DescriptionFOREST RIDGE ESTATES, LOT 20, ACRES 9.3900
Census Tract950101
Assessed Land Value$270,680
Assessed Improvement Value$264,214
Assessment Year2025

About this property

Welcome to this charming farmhouse nestled on 9.39 acres of picturesque land in the heart of Elgin, Texas. This spacious three-bedroom, two-bathroom home spans 1938 square feet and offers a perfect blend of rustic beauty and modern comfort. Step inside to discover a cozy interior with a warm ambiance, ideal for relaxing and entertaining. The home features a workshop for DIY enthusiasts, as well as multiple levels of elevation perfect for fostering animals and creating lush gardens. Nature lovers will appreciate the property's tranquil setting, complete with a winding nature trail. Don't miss the enchanting wooden bridge that crosses over a meandering wet weather creek, adding a touch of magic to this idyllic retreat. Experience the beauty of country living combined with the convenience of modern amenities in this unique farmhouse property. Your oasis awaits in Elgin, Texas. **Seller Financing Available w/ Approved Credit and Min $100K Downpayment**

Investor Tools

Property Icon
$666,000
Estimated Property Value
$173,386Estimated Mortgage Balance
$493,120Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,996 /month
Positive
Cash Flow Estimate:
$1,332 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,348
$534,894
2025
$270,680
$264,214
$534,894
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,348
$534,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$227,000
No
First
May 22, 2015
Jun 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,386
$447,614
72%
26%
$1,361/mo

City: Elgin

149 Meadowood Dr | Property Details | No Agent List