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B+
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$247,181

163 Lower Elgin Rd, TX, 78621

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.38 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesFree-Standing Range
FlooringLinoleum, Wood

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built1950
Stories1
Roof Type112

Land Information

APNR66336
SubdivisionWest, C A
Land UseResidential
Legal DescriptionA337 WEST, C. A. , ACRES 2.000
Census Tract950101
Assessed Land Value$185,000
Assessed Improvement Value$62,181
Assessment Year2025

About this property

Discover peaceful country living on this charming 2-acre property in Elgin! This inviting 2-bedroom, 1-bath home offers cozy comfort with warm wood floors, a durable metal roof, and a welcoming covered front porch complete with a swing—perfect for relaxing and taking in the quiet, natural surroundings. While the home needs a bit of TLC, it holds incredible potential for the right buyer. The fully fenced property provides added privacy and room to roam. Enjoy an easy commute to both Austin and Bastrop, giving you the ideal balance of rural tranquility and city convenience. Whether you’re dreaming of a small homestead, a weekend retreat, or simply a place to slow down and soak in the country atmosphere, this property delivers. Don’t miss your chance to experience simple, serene living in a truly peaceful setting!

Investor Tools

Property Icon
$247,181
Estimated Property Value
$169,500Estimated Mortgage Balance
$91,812Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,483 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,517
$247,181
2025
$185,000
$62,181
$247,181
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,517
$247,181

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,181
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.

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: Elgin

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163 Lower Elgin Rd | Property Details | No Agent List