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$287,000

3505 Elk Trl, Temple, TX, 76504

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.32 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Water Heater, Ice Maker, Microwave
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN51657
Lot Number3
SubdivisionWestern Hills 3rd Ext
Land UseResidential
Legal DescriptionWESTERN HILLS 3RD EXT, BLOCK 011, LOT 0003
Census Tract021202
Assessed Land Value$32,000
Assessed Improvement Value$253,261
Assessment Year2025

About this property

Welcome home to this stunning 4 bedroom, 3 bath home that boasts an abundance of natural lighting throughout. As you step inside, you are immediately greeted by a sense of warmth and comfort. The windows throughout this great home allow sunlight to cascade in, creating a bright and inviting atmosphere. Don't forget about the fireplace, perfect for the upcoming fall/winter seasons! The floor plan allows the perfect amount of space within each room and area. The well-designed kitchen allows just enough space in the dining area next to it, providing the perfect setting for hosting family gatherings and entertaining friends. The main bedroom is a peaceful retreat, and the home has three additional bedrooms that provide plenty of room for a growing family or guests. As you step outside you are greeted by the highlight of this home - the fenced backyard and above ground pool. It offers a private oasis, perfect for relaxation and outdoor entertainment. The pool provides a refreshing escape during hot summer days, while the surrounding deck offers a great space for lounging and sunbathing. In addition to the pool, the backyard also features a nice shed, providing ample storage space for gardening tools, outdoor equipment or even a workshop area. Whether you envision hosting poolside parties, gardening or simply enjoying a peaceful evening under the stars, this backyard is sure to exceed your expectations. Don't miss out on the opportunity to make this stunning property your own and create lasting memories in a space that seamlessly blends indoor comfort with outdoor beauty.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$90,000Estimated Mortgage Balance
$283,613Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,857
$285,261
2025
$32,000
$253,261
$285,261
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,857
$285,261

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bankers Mtg Co
N/A
$90,000
N/A
First
Jan 10, 1997
Feb 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,387
$283,613
98%
1%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
N/A
+$1,490/mo
6.2%

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.

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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: Temple

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