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$429,500

NAL Estimated Property Value

TBD Old McDade RD, Elgin, TX, 78621

Off MarketInfo

About this property

This incredible piece of cleared, flat land in Elgin, TX is the perfect canvas for your next project. Here's what makes this property so great... Development Ready: No need to break ground - this flat, cleared land is primed for immediate construction. Flexible Potential: Whether you envision a charming new home or a thriving commercial business, this versatile property caters to your vision. Prime Location: Minutes from the heart of Elgin, the "Sausage Capital of Texas," you'll enjoy the benefits of a vibrant community and unique local charm. Highway Access: Conveniently located less than a mile from Hwy 290, this property offers effortless access and excellent visibility. Austin Proximity: Enjoy the best of both worlds! Build your dream in Elgin while remaining a quick 30-minute commute from the excitement of Austin and Austin-Bergstrom International Airport (ABIA). Please Note: Buyer and Buyer's Agent are responsible for conducting due diligence to confirm details regarding residential lot utilities, City of Elgin zoning, potential restrictions, and the specific school district. Don't miss this incredible opportunity to own a piece of Elgin's growing future!

Investor Tools

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$429,500
Estimated Property Value
$0Estimated Mortgage Balance
$429,500Estimated 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
$2,577 /month
Positive
Cash Flow Estimate:
$859 /month

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Financing Details

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

City: Elgin

TBD Old McDade RD | Property Details | No Agent List