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Days23Days on Market
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$199,900

949 Marcelene Dr, Elysian Fields, TX, 75692

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths848 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.73 / sqft
Year BuiltBuilt in 2026

About this property

2-Bedroom, 2-Bathroom Home on 2 Acres with Shop Beautifully maintained 2 unrestricted acres offering space, privacy, and plenty of possibilities. This 2-bedroom, 2-bathroom home features new appliances and provides a comfortable setting surrounded by a well-maintained, cleared and fully fenced acreage. A spacious 30' x 30' shop adds excellent versatility and features concrete floors, roll-up doors, a walk-in door, and a loft. Whether you need room for equipment, storage, hobbies, or a workshop, this shop provides plenty of usable space. Enjoy the outdoors with the pool, which will remain with the property. The fully fenced acreage provides ample space for outdoor activities and additional uses. Conveniently located near Elysian Fields schools, this property combines acreage, a well-maintained home, a large shop, and desirable outdoor amenities in one package. Come take a look and see what this property has to offer!

Investor Tools

$0Estimated Mortgage Balance
$167,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Stephanie Murray

SCM Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$70/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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.

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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: Elysian Fields

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949 Marcelene Dr | Property Details | No Agent List