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$270,000

NAL Estimated Property Value

98 Louise St, Elgin, TX, 78621

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,075 Sq Ft
price_per_sqft$101.4 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Free-Standing Range, Refrigerator, Washer, Electric Water Heater
FlooringTile

Exterior

Lot Size7,884 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR48182
Lot Number21
SubdivisionS7470 - Red Town
Land UseResidential
Legal DescriptionRED TOWN LOT 21
Census Tract950201
Assessed Land Value$122,208
Assessed Improvement Value$126,543
Assessment Year2025

About this property

Multiple offers! Highest and best by Thu Mar 12, 10:00 am. Extensively updated and super clean! No carpet…all ceramic tile flooring! Recent paint, doors, baseboards and walls retextured. Lights and fixtures also updated. Kitchen open to living and dining area. Large backyard with treehouse. Nice view of field behind home owned by longtime neighbor. Feels like you are in the country. Great location on a cul-de-sac and quiet street. Close to Elgin Elementary and downtown. Fridge and full-size w/d included!FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$270,000
Estimated Property Value
$82,016Estimated Mortgage Balance
$187,984Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,069
$248,751
2025
$122,208
$126,543
$248,751
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,069
$248,751

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Fha
$108,007
Yes
First
Apr 9, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,016
$203,984
71%
30%
$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.

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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: Elgin

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98 Louise St | Property Details | No Agent List