$257,745
NAL Estimated Property Value17700 Mahonia Ln, Elgin, TX, 78621
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer, Water Heater
FlooringCarpet, Tile
Exterior
Exterior FeaturesNone
Lot Size7,462 sqft
Building Information
Year Built2004
Stories1
Roof Type105
Garage Spaces2
Land Information
APN02399501280000
Lot Number117
SubdivisionElm Creek Sec 1
Land UseResidential
Legal DescriptionLOT 117 BLK G ELM CREEK SEC 1
Census Tract002217
Assessed Land Value$81,924
Assessed Improvement Value$175,821
Assessment Year2025
About this property
Stainless kitchen appliances JUST INSTALLED! 3/2/2 with 18" ceramic tile, granite in the kitchen & upgraded fixtures! Formal dining or FLEX space with can lights! Living wide open to the kitchen perfect for entertaining! Master w/ dual vanities & separate shower (NEW never been used seamless shower enclosure), garden tub & walk-in closet! Covered back patio w/ extended uncovered. Washer, dryer, refrigerator & TUFF storage shed STAY! Oh and NEW ROOF SHINGLES just installed!FEMA - Unknown Restrictions: Yes
Investor Tools
$257,745
Estimated Property Value
$99,105Estimated Mortgage Balance
$158,835Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,546 /month
Positive
Cash Flow Estimate:
$515 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
$110/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,186
$257,745
2025
$81,924
$175,821
$257,745
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,186
$257,745
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$110,000
No
First
Feb 25, 2021
Mar 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,105
$162,895
62%
38%
$660/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$770/mo
+$1,318/mo
9.7%
