Last 24 Hours
$2,500,000
15216 FM 1100, Elgin, TX, 78621
On Market
— Beds
1 Bath
600 Sq Ft
OtherHighlights
Interior
Bedrooms —
Bathrooms Full 1
Garage Available
Heating
CoolingExterior
Lot Size2.07 acres
Building Information
Year Built2009
Stories1
Roof Type112
Garage Spaces6
Land Information
APN02509101010000
SubdivisionNeiley J H
Land UseResidential
Legal DescriptionABS 592 SUR 30 NEILEY J H ACR 2.066
Census Tract045800
Assessed Land Value$81,423
Assessed Improvement Value$136,730
Assessment Year2025
About this property
Approximately 675 feet on FM 1100 & 1,300 feet on Wells Lane. Manor ETJ. Existing 4" waterline running North from FM 1100 along Wells Ln, on the same side of the road, 6" waterline along FM 1100 & a 24" water transmission main that travels North along FM 1100 & Manda Rd. City of Elgin CCN, Septic and electric service is provided by Oncor Electric. 11,250 sqft warehouse built in 2015 and 2,400 sqft 3/2 house with shop & 10x10 office built in 2009. Approximately 9.92± acres lie within the FEMA Floodplain. Light restrictions will be implemented to be negotiated. Seller Financing negotiable. Potential to purchase acres adjacent as well.
Investor Tools
$0Estimated Mortgage Balance
$331,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,000 /month
Positive
Cash Flow Estimate:
$5,000 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$963
$189,109
2025
$81,423
$136,730
$218,153
No
Tax History
Year
Tax Paid
Assessed Value
2024
$963
$189,109
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$331,000
100%
0%
$0/mo
12.4%