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$432,000

NAL Estimated Property Value

203 Arosa Dr, Elgin, TX, 78621

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size41,992 sqft

Land Information

APNR8727422
Lot Number43
Land UseResidential Other Improvement
Legal DescriptionMONTE VISTA SUBDIVISION BLK A LOT 43, ACRES .9640.
Census Tract950101
Assessed Land Value$121,263
Assessed Improvement Value$30,275
Assessment Year2025

About this property

Is there a nearly 1-acre lot in Elgin with utilities and septic already installed? Yes—this .964-acre property in Monte Vista Subdivision is ready for your custom home, manufactured home, or next investment move. No HOA, no delays, just easy access to Hwy 290 and a quick drive to Austin, Tesla, and Samsung campuses. This flat and build-ready lot sits in Monte Vista Subdivision (Block A, Lot 43) and already includes electric, water, and septic on site—saving time and money. With no HOA, mobile homes are welcome, and the layout makes it ideal for a range of residential or investment possibilities. Located just minutes from Hwy 290, this parcel offers a peaceful Elgin setting while staying close to the action: approximately 25 miles from downtown Austin and even closer to major employers like Tesla, Samsung, and the rapidly growing east side corridor. Whether you’re looking to build a primary residence, place a manufactured home, or hold as an appreciating asset, this property delivers on location, infrastructure, and flexibility.

Investor Tools

Property Icon
$432,000
Estimated Property Value
$129,781Estimated Mortgage Balance
$302,434Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$151,538
2025
$121,263
$30,275
$151,538
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$151,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centex Monte Vista Lp
Purchase Money Mortgage
$135,500
No
First
Dec 19, 2023
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,781
$459,219
77%
30%
$813/mo

Learn About the Market: Opportunity in Texas

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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.

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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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203 Arosa Dr | Property Details | No Agent List