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$125,000

602 Alley A St, Elgin, TX, 78621

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,837 sqft

Land Information

APNR12286
Lot Number1
SubdivisionElgin City
Land UseResidential
Legal DescriptionELGIN CITY, BLOCK 12, LOT 1 (FR)
Census Tract950202
Assessed Land Value$119,834
Assessment Year2025

About this property

Prime Residential Lot in the Heart of Elgin – 602 Alley A Street Discover the potential of this 0.13-acre residential lot, ideally located at 602 Alley A Street in the vibrant and fast-growing community of Elgin, Texas. Tucked into a quiet, well-established neighborhood, this property offers an exceptional opportunity for builders or investors seeking to develop in a booming small town with deep local roots and convenient access to Austin. The land features a level terrain and is graced with medium-sized shade trees, offering a peaceful, natural setting. All major utilities—electricity, water, sewer, and cable—are available at the street, making it easy to break ground with minimal upfront infrastructure work. Located just minutes from Elgin’s vibrant and picturesque downtown, you’ll find yourself immersed in local charm, with unique restaurants, cozy coffee shops, and one-of-a-kind boutiques creating a truly welcoming atmosphere. Nearby Elgin Memorial Park offers walking trails, playgrounds, sports courts, and shaded picnic spots—ideal for families and outdoor enthusiasts. Families will also benefit from the property’s location within the Elgin Independent School District, with convenient access to Elgin Elementary, Middle, and High Schools. Whether you’re looking to build a dream home, or secure your next investment, this lot combines small-town charm, community spirit, and strategic location—just 25 miles from Austin—to deliver a truly compelling opportunity. **Buyer and Buyer’s Agent to do their own due diligence. All information should be verified with the City of Elgin or Bastrop County to ensure accuracy and feasibility.**

Investor Tools

$0Estimated Mortgage Balance
$119,834Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

Interested in this property?

Freddy Arauz

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,873
$119,834
2025
$119,834
N/A
$119,834
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,873
$119,834

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,000
100%
0%
$0/mo

City: Elgin

602 Alley A St | Property Details | No Agent List