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$900,000

18007 FM 1100, Elgin, TX, 78621

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,230 Sq Ft

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesSee Remarks

Exterior

Lot Size1 acre

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces4

Land Information

APN02429901180001 01
SubdivisionHines W
Land Use1 Family Dwelling
Legal DescriptionABS 345 SUR 53 HINES W ACR 1.0
Census Tract045800
Assessed Land Value$50,220
Assessed Improvement Value$230,464
Assessment Year2025

About this property

Escape to your own slice of Central Texas on this 12.07-acre property along FM 1100 in booming Elgin, TX. With no zoning or deed restrictions, this unrestricted ETJ tract gives you the freedom to build the homestead you've always envisioned — plenty of room for a main house, guest quarters, or a small hobby farm. The property already features a barn and additional outbuildings, plus a concrete tornado shelter for peace of mind, giving you a head start on making this land your own. Located minutes from US 290 and surrounded by thriving new communities like Triada, Briarwood, and Stone Creek Ranch, you'll enjoy small-town charm with easy access to shopping, schools, and major employers like Tesla and Samsung. Priced at $900,000, this is a rare chance to own a private, wide-open piece of Texas ready for your vision. House is a teardown or complete gut and remodel. House interior photos available upon request.

Investor Tools

$0Estimated Mortgage Balance
$296,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

Interested in this property?

Alan Loudermilk

Alan Loudermilk, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8
$280,684
2025
$50,220
$230,464
$280,684
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8
$280,684

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$296,000
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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18007 FM 1100 | Property Details | No Agent List