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$3,106,700

1498 Elmer King Rd, Belton, TX, 76513

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,927 Sq Ft
price_per_sqft$1,061.39 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Oven, Refrigerator
FlooringWood

Exterior

Exterior FeaturesPrivate Yard
Lot Size1 acre

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces4

Land Information

APN113948
SubdivisionO T Tyler
Land UseResidential
Legal DescriptionA0020BC O T TYLER, 72-1, (TOD DEED), ACRES 1.0 72-1, (TOD DEED),
Census Tract023406
Assessed Land Value$8,493
Assessed Improvement Value$337,710
Assessment Year2025

About this property

The Taggart Ranch offers an exceptional combination of Lampasas River frontage, scenic views, mature hardwoods, quality improvements and convenient access to Central Texas communities. Located minutes from Salado, Temple, Georgetown and Austin, this versatile property provides the privacy of country living without sacrificing accessibility. The ranch features approximately 1,895 feet of frontage along Elmer King Road and 1,257 feet along Elm Grove Road. Approximately 80 feet of elevation change creates impressive views overlooking the fertile Lampasas River bottom. The property includes approximately 1,795 feet of Lampasas River frontage, with deep holes suitable for fishing and swimming, as well as a beautiful spring-fed pond. The land offers an attractive mixture of open fields, productive bottomland and mature hardwoods, including majestic live oak and pecan trees. The diverse terrain provides excellent opportunities for livestock, horses, hunting and wildlife recreation. The property is fenced for cattle and carries a unique connection to Texas history, with Native American artifacts reportedly discovered on the ranch. The well-maintained, single-story brick residence offers four bedrooms, two-and-one-half bathrooms and a comfortable, flexible floor plan. Interior spaces include two living areas, a spacious living/game room, sitting room and private office. Additional features include hardwood flooring, quartz kitchen countertops, a fireplace with a Heatilator, wood-burning stove and two central HVAC systems. The home also features a metal roof, covered porch, open rock patio, fenced yard, covered carport and detached garage. Additional ranch improvements include a 35' x 60' covered pavilion shaded by a magnificent, mature oak tree, covered livestock stalls with adjoining paddocks and a private water well. An Armstrong Water line is available along Elm Grove Road.

Investor Tools

$0Estimated Mortgage Balance
$618,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,640 /month
Positive
Cash Flow Estimate:
$6,213 /month

Interested in this property?

Michael Bacon

Texas Ranch Brokers LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,428
$326,574
2025
$8,493
$337,710
$346,203
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,428
$326,574

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$618,000
100%
0%
$0/mo

City: Belton

1498 Elmer King Rd | Property Details | No Agent List