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B+
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Days140Days on Market
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$479,000

581 Highway 95 Highway S, Elgin, TX, 78621

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.92 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Gas Range
FlooringSee Remarks, Carpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size2.49 acres

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR73524
SubdivisionStoval, Geo H
Land UseResidential
Legal DescriptionABS A303 STOVAL, GEO. H.,2.492 ACRES
Census Tract950102
Assessed Land Value$233,724
Assessed Improvement Value$262,018
Assessment Year2025

About this property

This property sits directly on Highway 95, just minutes from Elgin and Bastrop, giving you easy access north toward Taylor, west towards Austin and south towards Bastrop. It’s the kind of location that works for real life with quick trips to town, strong visibility while still giving you room to spread out. The home sits on approximately 2.5 acres, offering usable land with frontage, flexibility, and space that’s getting harder to find this close to town. The workshop/outbuilding (30' x 40') is a major value-add. It’s ideal for tools, storage, hobbies, or a small business setup, especially with the highway access. An oversized carport designed to fit two full-size trucks, ideal for daily drivers, work vehicles, or equipment access. This property makes sense for someone who needs land that actually works. The house itself is solid and functional, but the real win here is the combination of location, acreage, and utility. Properties like this don’t come up often with land, access, and a workshop, all in one place, close to town. If you want space, visibility, and flexibility, this one checks those boxes.

Investor Tools

$242,239Estimated Mortgage Balance
$253,503Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,974 /month
Positive
Cash Flow Estimate:
$991 /month

Interested in this property?

Kreshnik Shehu

All City Real Estate Ltd. Co

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$804/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,163
$495,742
2025
$233,724
$262,018
$495,742
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,163
$495,742

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$276,650
No
First
Jan 13, 2020
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,239
$253,503
51%
49%
$1,659/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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581 Highway 95 Highway S | Property Details | No Agent List