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$295,000

255 Spirit St, Elgin, TX, 78621

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.04 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
CoolingCooling

Exterior

Lot Size5,489 sqft

Building Information

Roof Type105
Garage Spaces2

Land Information

APNR8733635
Lot Number22
Land UseResidential Single Family
Legal DescriptionTRINITY RANCH PHASE 1, SECTION 3, BLK R, LOT 22
Census Tract950202
Assessed Land Value$74,150
Assessed Improvement Value$238,497
Assessment Year2025

About this property

Welcome to 255 Spirit St., a nearly new 3-bedroom, 2-bath Century Communities home in Trinity Ranch. Built just two years ago, this home features a spacious open floor plan, island kitchen with granite countertops and stainless steel appliances, abundant natural light, generously sized bedrooms, and a large fenced backyard. Enjoy the benefits of a master-planned community with a neighborhood pool and elementary school, plus remaining structural warranty coverage. Motivated seller! Seller is willing to contribute toward buyer closing costs and other concessions with an acceptable offer, creating a great opportunity for buyers looking to reduce their upfront expenses. Schedule your showing today!

Investor Tools

$13,627Estimated Mortgage Balance
$299,106Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,876 /month
Positive
Cash Flow Estimate:
$625 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$312,647
2025
$74,150
$238,497
$312,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$312,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$14,000
Yes
First
Oct 25, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$13,627
$299,020
95%
4%
$84/mo

City: Elgin

255 Spirit St | Property Details | No Agent List