$262,780
NAL Estimated Property Value300 W Cleveland St, Elgin, TX, 78621
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerVacant Homes
Highlights
Interior
AppliancesDisposal, Range, Electric Water Heater, Water Heater
FlooringCarpet, Tile, Vinyl
Exterior
Exterior FeaturesExterior Steps
Lot Size24,786 sqft
Building Information
Year Built1960
Stories1
Roof Type112
Land Information
APNR13076
Lot Number67
SubdivisionS7800 - Smith, J S
Land UseResidential
Legal DescriptionSMITH, J. S., LOT 67(FR)-68
Census Tract950202
Assessed Land Value$164,329
Assessed Improvement Value$98,451
Assessment Year2025
About this property
Don't miss your opportunity to own this unique property situated in a convenient location and close to historic downtown Elgin. Many possibilities for this over-sized, fenced lot! Raise chickens, plant a garden, grow fruit tees, build a play-scape, add a pool. Priced well below tax assessed value. Additional living space in the renovated out-building. Great space for guests, extended family or home office.. See photos. 2 bedrooms plus two living areas which could be a third bedroom.
Investor Tools
$262,780
Estimated Property Value
$192,309Estimated Mortgage Balance
$70,756Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,577 /month
Positive
Cash Flow Estimate:
$526 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,300
$262,780
2025
$164,329
$98,451
$262,780
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,300
$262,780
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$194,000
No
First
Oct 10, 2025
Nov 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,309
$70,471
26%
73%
$1,164/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,164/mo
+$462/mo
7.4%
