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$299,999

220 Saranac Dr, Elgin, TX, 78621

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,501 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.95 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size6,055 sqft

Building Information

Roof Type105
Garage Spaces1

Land Information

APNR8711838
Lot Number22
Land UseResidential
Legal DescriptionSARATOGA FARMS SUBDIVISION SECTION FIVE, BLOCK C, LOT 22, ACRES 0.139
Census Tract950202
Assessed Land Value$60,791
Assessed Improvement Value$301,217
Assessment Year2025

About this property

SEE VIDEO TOUR linked or google the address!! Unbeliveable price way under tax value! This 3 bed, 2.5 bath, plus office, plus loft, open concept home with no neighbor behind and on a dead end circle road is the exact one you’ve been looking for at an unbelievable price! Located in the best spot in Elgin for being west enough to be easy to commute to, and literal biking distance to Starbucks, Walmart, Southside BBQ, and so much more, an easy drive to Tesla, ABIA, and so much more. This home is freshly touched up, and only a few years old with lots of builder upgrades like upgraded cabinets, front door, designer tile floors, enlarged primary shower, a huge primary closet, and things like an expanded back patio to enjoy your privacy behind. With the downstairs office, half bath, and open concept kitchen, dining, and living areas, and upstairs primary and 2 guest bedrooms, guest full bath, upstairs laundry, and huge loft area ready for family. Don’t miss this unbelievable deal!

Investor Tools

$270,376Estimated Mortgage Balance
$91,632Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

Interested in this property?

Mason Bleasdell

Mark Martin and Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$362,008
2025
$60,791
$301,217
$362,008
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$362,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Unknown
$274,389
No
First
Jul 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,376
$91,632
25%
75%
$1,646/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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220 Saranac Dr | Property Details | No Agent List