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B+
NoAgentList RatingHow are grades calculated?Info
Days120Days on Market
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$365,000

817 Lexington RD, Elgin, TX, 78621

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,088 Sq Ft
DuplexDuplex
price_per_sqft$174.81 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Gas Range, Refrigerator, Water Heater
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,015 sqft

Building Information

Year Built1985
Roof Type105
Garage Spaces2

Land Information

APNR48170
Lot Number9
SubdivisionS7470 - Red Town
Land UseResidential
Legal DescriptionRED TOWN LOT 9
Census Tract950201
Assessed Land Value$122,924
Assessed Improvement Value$185,106
Assessment Year2025

About this property

Great duplex with good income and solid tenants. Side B has been there over 10 years and is on a month to month lease. Roof shingles recently replaced. One car garages for both sides and large fenced back yards. These units always stay leased.

Investor Tools

$48,708Estimated Mortgage Balance
$259,322Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Jeanette Shelby

Jeanette Shelby, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,916
$308,030
2025
$122,924
$185,106
$308,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,916
$308,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$104,000
No
First
May 8, 2006
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,708
$259,322
84%
16%
$0/mo

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.

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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817 Lexington RD | Property Details | No Agent List