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$180,000

2 Elm Pl, Angleton, TX, 77515

$234,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,940 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$61.22 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

BankruptcyARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDouble Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size12,467 sqft

Building Information

Year Built1973
Stories2
Roof Type105
Garage Spaces4

Land Information

APN6800-0180-000
Lot Number2
SubdivisionNorthridge 2
Land UseResidential
Legal DescriptionNORTHRIDGE 2 (ANGLETON) BLK 5 LOT 2
Census Tract662300
Assessed Land Value$65,300
Assessed Improvement Value$278,290
Assessment Year2025

About this property

Don't miss out on this opportunity! This four-bedroom, two-bath home, located across from the Angleton Recreation Center, is ready for a new beginning. The roof was re-shingled in August 2016. It features a two-car garage with an attached carport and a spare room that can be used for storage or as a workshop. Enjoy your evenings sitting out on the balcony, surrounded by the large, mature magnolia trees in both the front and back yards.

Investor Tools

$48,117Estimated Mortgage Balance
$305,883Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$234,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

Interested in this property?

Megan Wall

Century 21 Olympian Brazoria

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,949
$343,590
2025
$65,300
$278,290
$343,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,949
$343,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Credit Line (Revolving) / Heloc
$139,200
No
First
Jul 21, 2003
Aug 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,117
$305,883
86%
14%
$835/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: Angleton

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2 Elm Pl | Property Details | No Agent List