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$363,000

NAL Estimated Property Value

Madison St, Elgin, TX, 78621

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size6,011 sqft

Land Information

APNR47942
Lot Number4
SubdivisionS6740 - Madison, J C
Land UseResidential
Legal DescriptionMADISON, J. C., BLOCK 2, LOT 4
Census Tract950201
Assessed Land Value$120,804
Assessment Year2024

About this property

Build Your Dream Home Near Historic Downtown Elgin – Prime Location, Endless Potential - Discover the perfect blend of charm, convenience, and opportunity with this ideally located property just two blocks from Elgin’s vibrant historic district. Nestled in a peaceful, tree-lined neighborhood, this 0.172-acre lot (7,492 sqft) offers a rare chance to enjoy small-town living with easy access to the big-city amenities of Austin—just a short drive away. Enjoy a walkable lifestyle with shops, restaurants, and scenic Thomas Memorial Park all nearby, making this location as practical as it is picturesque. Shaded by mature trees, the lot provides a serene canvas for your vision—whether you're dreaming of a forever home, planning a duplex, or considering a modular build. Zoned R-3 and offering generous flexibility for residential development, this property is ideal for homeowners, builders, or savvy investors. Parcel Numbers R14929 & R12976. Don’t miss this rare opportunity to own a piece of Elgin in one of its most desirable areas. Schedule a visit or submit your offer today!

Investor Tools

Property Icon
$363,000
Estimated Property Value
$0Estimated Mortgage Balance
$363,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,178 /month
Positive
Cash Flow Estimate:
$726 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,798
$120,804
2024
$120,804
N/A
$120,804
No

Tax History

Year
Tax Paid
Assessed Value
2023
$2,798
$120,804

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$363,000
100%
0%
$0/mo

City: Elgin

Madison St | Property Details | No Agent List