1065 Private Road 7041, Elgin, TX, 78621 | Equity Gain $7,840/yr

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1065 Private Road 7041, Elgin, TX, 78621 | Equity Gain $7,840/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Elgin at 1065 Private Road 7041, Elgin, TX, 78621 offers a 2.15% rental yield on a $1,215,000 purchase with $2,174/mo rent. 66% in year one. Equity gained on principal adds $7,840/yr while 5% annual appreciation supports $335,682 over five years. Portfolio math shows five-year ROI at 0.75% and total cumulative return in cash at $2,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,174/mo property income against a $5,947/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1992

24.95 Acres lot

$N/A/sqft

No HOA

More details about the property

This home is full of charm, character, and thoughtful craftsmanship throughout. Every room has been carefully designed, featuring reclaimed oak flooring, rich wood detailing, crown molding, and beautifully crafted wood tongue and groove and vintage tin ceilings that add warmth and elegance to the space. The large country kitchen, and breakfast area are perfect for hosting. Highlights of the property include a gated entry for added privacy, a spacious shop with electricity, mature peach trees located behind the home, and a picturesque front-facing view of Texas sunsets. Enjoy fishing in your own pond stocked with catfish and take advantage of the propertys natural setting, which also makes for great hunting. Appreciate the recent upgrade of a brand-new well pump (installed in 2025). The property features both Manville water and a private well with an additional pump, perfect for maintaining the lawn. Also a second well with no pump. Additional features include double-pane windows throughout and a well house conveniently located near the garage. The kitchen range can be gas or electric, depending on your preference. Notes: Buyer to verify all utilities and taxes. (Tax amount provided by seller.) (Square footage provided by the seller.) **16 minutes to Samsung, 13 miles from Elgin, 18 Miles to Taylor, 35 miles to Austin

Neighborhood Data

Neighborhood data shown for ZIP Code: 78621, Elgin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,834 (100%)
Owner Occupied HU	9,052 (76.5%)
Renter Occupied HU	2,160 (18.3%)
Vacant Housing Units	622 ( 5.3%)
Median Home Value	$357,342
Average Home Value	$417,153