$65,000
529 Madison ST, Elgin, TX, 78621
On Market
Highlights
Interior
Exterior
Lot Size21,780 sqft
Land Information
APNR14932
Lot Number6
SubdivisionCartwright
Land UseResidential
Legal DescriptionCARTWRIGHT, LOT 6, ACRES 0.5
Census Tract950201
Assessed Land Value$156,162
Assessment Year2025
About this property
Structures on the survey have been torn down and removed. If a new survey is needed the buyers will need to purchase. Zoning allows for Single-Family, Duplex, & Zero Lot Line Two Family District, Modular Homes are allowed but not a mobile home. The seller has several floor plans that will work well on this lot they are happy to share with a potential buyer. Buyers and buyers agent to verify with the City of Elgin zoning requirements.
Investor Tools
$0Estimated Mortgage Balance
$180,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,098
$156,162
2025
$156,162
N/A
$156,162
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,098
$156,162
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$180,000
100%
0%
$0/mo
