$613,000
NAL Estimated Property Value4401 County Road 460, Elgin, TX, 78621
Off Market
Highlights
Interior
Exterior
Lot Size11.58 acres
Building Information
Year Built1982
Stories1
Garage Spaces3
Land Information
APNR-01-0480-0000-0048
Land UseResidential
Legal DescriptionAW0480 NICHOLS, WM. SUR., ACRES 11.581
Census Tract020900
Assessment Year2025
About this property
41.85 acres with road frontage on 2 sides only 12 miles from the new Samsung Plant. Property is under ag exemption and ready for whatever you desire. Water and electric are available along the road. Seller will need a leaseback on the home.
Investor Tools
$613,000
Estimated Property Value
$236,907Estimated Mortgage Balance
$376,093Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$672/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,003
$272,679
2025
N/A
N/A
$503,927
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,003
$272,679
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Granger National Bank
Unknown
$249,000
No
First
Aug 25, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,907
$376,093
61%
39%
$1,493/mo
