Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days195Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$379,000

166 Norwood Ln, Elgin, TX, 78621

On MarketInfo
Baths1,536 Sq Ft
price_per_sqft$159.51 / sqft
Year BuiltBuilt in 1990

About this property

Located at 166 Norwood Lane in Elgin, TX 78621, this expansive property offers just over ten acres of peaceful Texas countryside while maintaining convenient access to town. Tucked away in a quiet rural setting, the land provides ample space for privacy, recreation, and future possibilities—whether you’re envisioning a homestead, hobby farm, or custom home. Despite its tranquil surroundings, the property is less than three miles from historic downtown Elgin, where you’ll find charming shops, dining, and the vibrant character the community is known for. This rare blend of acreage and accessibility makes the location both practical and uniquely appealing.

Investor Tools

$0Estimated Mortgage Balance
$250,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

Interested in this property?

Brian Schaffer

LPT Realty, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$32,797
2025
N/A
$32,797
$32,797
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$32,797

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

166 Norwood Ln | Property Details | No Agent List