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Days79Days on Market
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$285,500

208 N Avenue B, Elgin, TX, 78621

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,360 Sq Ft
price_per_sqft$209.93 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Trash Compactor, Free-Standing Range, Dishwasher, Instant Hot Water, Oven

Exterior

Lot Size11,500 sqft

Building Information

Year Built1940
Stories1
Roof Type112
Garage Spaces1

Land Information

APNR14172
Lot Number4-5
SubdivisionElgin City
Land UseResidential
Legal DescriptionELGIN CITY, BLOCK 53, LOT 4 & 5
Census Tract950202
Assessed Land Value$130,523
Assessed Improvement Value$61,221
Assessment Year2025

About this property

Step inside this charming, fully renovated home with modern amenities. Featuring PEX plumbing, updated electrical, and a cozy front porch swing. The spacious double lot boasts a backyard garden with rich soil and Heritage oak trees. Original craftsman pine plank floors add character to this 1940 property. Enjoy the convenience of a new carport and on-demand water heater. Located close to downtown for easy access to entertainment. This single-family home offers 2 bedrooms, 2 bathrooms, and 1360 square feet of living space on a 11,500 square foot lot. Don't miss out on this gem!

Investor Tools

$52,908Estimated Mortgage Balance
$244,092Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

Interested in this property?

Kenneth Goodsell

Texas Legacy Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,717
$191,744
2025
$130,523
$61,221
$191,744
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,717
$191,744

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$71,604
Yes
First
Aug 11, 2014
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,908
$244,092
82%
18%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
6.6%

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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208 N Avenue B | Property Details | No Agent List