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$209,000

NAL Estimated Property Value

400 S Avenue A, Elgin, TX, 78621

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,012 Sq Ft
price_per_sqft$345.84 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Range, Built In Gas Range, Gas Oven, Oven
FlooringCarpet Free, Tile, Vinyl

Exterior

Exterior FeaturesExterior Steps, Private Yard
Lot Size11,282 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APNR12772
SubdivisionS7800 - Smith, J S
Land UseResidential
Legal DescriptionSMITH, J. S., ACRES 0.259
Census Tract950202
Assessed Land Value$130,872
Assessed Improvement Value$66,663
Assessment Year2025

About this property

Discover the perfect blend of comfort and potential with this charming property on a desirable corner lot in the heart of Elgin! Its prime location ensures easy access to local amenities, schools, and parks, making it a great investment opportunity. Don’t miss your chance to own a slice of Elgin’s vibrant community—schedule your showing today!

Investor Tools

Property Icon
$209,000
Estimated Property Value
$41,431Estimated Mortgage Balance
$167,815Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,446
$197,535
2025
$130,872
$66,663
$197,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,446
$197,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Unknown
$80,405
No
First
Jun 8, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,431
$156,104
79%
20%
$0/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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400 S Avenue A | Property Details | No Agent List