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$182,231

NAL Estimated Property Value

505 N Avenue F, Elgin, TX, 78621

$183,317 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.78 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Water Heater
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size13,504 sqft

Building Information

Year Built1945
Stories1
Roof Type112
Garage Spaces1

Land Information

APNR10990
SubdivisionChristian, Thomas
Land UseResidential
Legal DescriptionA20 CHRISTIAN, THOMAS, ACRES 0.3100
Census Tract950201
Assessed Land Value$134,631
Assessed Improvement Value$47,600
Assessment Year2025

About this property

This 1080+/- square feet 2-bedroom, 1-bathroom home is a blank canvas awaiting your creativity! With the charm of mature trees and a tucked-away setting off the street, this property holds the promise of becoming an Elgin gem for those ready to invest in its revival. Bring your ideas, and let the transformation begin! Explore multiple investment opportunities. Buyer to do due diligence. Conveniently located just 28.4 miles from Austin Airport, 18.1 miles from Bastrop, and less than a mile from downtown Elgin. You'll also enjoy easy access to downtown Austin (25.8 miles), the Samsung Factory in Taylor (16.2 miles), the Tesla plant (23.6 miles), and approximately 13 miles to the toll road access. Don't miss the opportunity to make this delightful residence your new home sweet home! The community of Elgin offers a range of amenities, including a library, three beautiful parks with walking trails, tennis courts, basketball courts, a community pool, and a rec center. Experience the perfect blend of small-town charm and modern convenience right here!

Investor Tools

Property Icon
$182,231
Estimated Property Value
$0Estimated Mortgage Balance
$182,231Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$183,317
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,781
$182,231
2025
$134,631
$47,600
$182,231
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,781
$182,231

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
10.7%

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: Elgin

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505 N Avenue F | Property Details | No Agent List