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$357,000

15900 Wells Rd, Manor, TX, 78653

Off MarketInfo
Baths0 Bath
Baths1,976 Sq Ft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

About this property

This is a great opportunity to own 13 acres in Elgin. Gorgeous cleared land ready for you to build your dream home and enjoy the beautiful Texas sky. This tract allows for at least 2 houses either site built or manufactured homes, has easy access to Elgin and Manor with great country views.

Investor Tools

Property Icon
$357,000
Estimated Property Value
$0Estimated Mortgage Balance
$357,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$942
$165,431
2025
N/A
$165,431
$165,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$942
$165,431

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$357,000
100%
0%
$0/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: Manor

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15900 Wells Rd | Property Details | No Agent List