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$162,000

NAL Estimated Property Value

253 Elm Dr, McQueeney, TX, 78123

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths840 Sq Ft
price_per_sqft$201.19 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Refrigerator, Water Heater
FlooringLaminate

Exterior

Exterior FeaturesDeck, Porch, Storage
Lot Size15,281 sqft

Land Information

APN1G-1730-1000-05600-000
Lot Number56
SubdivisionLake Mc Queeney Estates #1
Land UseResidential
Legal DescriptionLAKE MC QUEENEY ESTATES #1, LOT 56, ACRES 0.3508
Census Tract210606
Assessed Land Value$49,955
Assessment Year2025

About this property

** Motivated seller!! **Welcome to 253 Elm Drive in McQueeney,Texas! Come see this charming 2-bedroom, 2-bath manufactured home nestled on just over a quarter acre. Surrounded by mature shade trees, this property offers the perfect blend of comfort and outdoor living. Step onto the spacious front deck—an ideal spot to enjoy your morning coffee while listening to the birds. In the backyard, you’ll find blooming crepe myrtles and another large deck where you can unwind and take in the breathtaking Texas sunsets. Inside, you’ll love the inviting kitchen and living area, perfect for gathering with family and friends. The home has been recently updated with fresh paint,new flooring, and brand-new appliances. With two full bathrooms and two bedrooms, this home is both functional and comfortable. And the best part? There’s no HOA, giving you the freedom to enjoy your property as you wish. Fridge, washer/dryer convey! Don’t miss out on this cozy retreat in McQueeney—schedule your showing today!

Investor Tools

Property Icon
$162,000
Estimated Property Value
$38,427Estimated Mortgage Balance
$123,573Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$759
$49,955
2025
$49,955
N/A
$49,955
No

Tax History

Year
Tax Paid
Assessed Value
2023
$759
$49,955

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nueva Investments Ltd
Unknown
$42,160
No
First
Sep 14, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,427
$123,573
76%
24%
$253/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: McQueeney

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253 Elm Dr | Property Details | No Agent List