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$320,000

176 Old Lexington RD C, Elgin, TX, 78621

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,693 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$189.01 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesOven, Built-In Gas Range
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size33,106 sqft

Building Information

Year Built2009
Stories1
Roof Type112

Land Information

APNR109429
SubdivisionHarris, Enoch
Land UseResidential
Legal DescriptionA189 HARRIS, ENOCH, ACRES 0.76
Census Tract950102
Assessed Land Value$104,712
Assessed Improvement Value$235,193
Assessment Year2025

About this property

Beautiful country living property 5 minutes from downtown Elgin, Main house has two bedrooms, one full bath and one 1/2 bath, Guest house has one bedroom, full bath, kitchen dining and living area, presently is leased for 1K month to month, Fully fenced with mature trees, oversize metal carport for 4 cars, come and see it, wont last under 350K 24 hours notice, showings from 10 am to 8 pm seller works from home and has three babies.

Investor Tools

$252,233Estimated Mortgage Balance
$87,672Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,039 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Roberto Talamas

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,440
$339,905
2025
$104,712
$235,193
$339,905
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,440
$339,905

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$265,109
Yes
First
Aug 11, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,233
$87,672
25%
74%
$1,590/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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176 Old Lexington RD C | Property Details | No Agent List