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$255,400

513 N Avenue F, Elgin, TX, 78621

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,294 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.37 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Free-Standing Gas Range, Refrigerator, Washer, Water Heater
FlooringCarpet, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size11,238 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR12156
Lot Number17
SubdivisionS6960 - North Terrace
Land UseResidential
Legal DescriptionNORTH TERRACE, LOT 17
Census Tract950201
Assessed Land Value$130,856
Assessed Improvement Value$123,577
Assessment Year2025

About this property

Charming and well-maintained, this 2-bedroom, 1-bath home offers approximately 1,294 square feet of comfortable living space on a beautifully landscaped 0.26-acre lot. The property offers a peaceful outdoor setting that’s perfect for relaxing, entertaining, and spending time outdoors. Recent updates include a AC system, hot water heater, front windows, foundation leveling, and a stove. Inside, you’ll find hardwood floors, abundant natural light, inviting living and dining spaces, and a functional kitchen with ample counter space and a cozy dining nook. Ceiling fans throughout the home add year-round comfort. The spacious backyard features a covered patio, while the detached garage, extended carport, workshop space, and additional storage building provide plenty of room for vehicles, hobbies, and storage. As an added bonus, the seller is open to conveying much of the furniture, dishes, and household items with an acceptable offer, creating a potential turnkey opportunity.

Investor Tools

$0Estimated Mortgage Balance
$254,433Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,532 /month
Positive
Cash Flow Estimate:
$511 /month

Interested in this property?

Jeanette Shelby, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,137
$254,433
2025
$130,856
$123,577
$254,433
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,137
$254,433

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$254,433
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
7.7%

City: Elgin

513 N Avenue F | Property Details | No Agent List