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B+
NoAgentList RatingHow are grades calculated?Info
Days38Days on Market
Views1view
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$384,000

$385,000

1606 W Chelsea Pl, El Lago, TX, 77586

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,664 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.14 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size10,633 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1128500000002
Lot Number2
SubdivisionTaylorcrest
Land UseResidential
Legal DescriptionLT 2 BLK 6 TAYLORCREST SEC 1
Census Tract341501
Assessed Land Value$95,716
Assessed Improvement Value$307,890
Assessment Year2025

About this property

This expansive residence in the picturesque El Lago is ideally situated for those seeking a standout home. It features a grand entrance and a circular driveway that makes an impressive statement. Recent renovations include: New roof Updated AC system Double-paned windows New appliances New fence Additionally, the sale includes a high-end Bespoke Samsung Refrigerator. Designed for entertaining, the house offers an excellent flow between indoor and outdoor spaces, abundant seating, and a wet bar. Outdoors, enjoy a delightful patio perfect for BBQs and ample parking space for guests. Inside, the primary suite offers a spa-like bathroom, a custom closet, and a skylight. One of the secondary bedrooms comes with a built-in Murphy bed, ensuring you are always ready for guests. The home is zoned to Ed White Elementary, Seabrook Intermediate, and Clear Falls High School, making it an excellent choice.

Investor Tools

$313,615Estimated Mortgage Balance
$89,991Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,422 /month
Positive
Cash Flow Estimate:
$807 /month

Interested in this property?

Amy Hawkins

Texas Real Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
$107/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,707
$403,606
2025
$95,716
$307,890
$403,606
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,707
$403,606

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Va
$322,719
Yes
First
Dec 5, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,615
$89,991
22%
78%
$1,935/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,870/mo
$2,042/mo
$-172/mo
5.6%

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.

Explore Texas Explore This Area
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: El Lago

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