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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Elgin at 185 Settlers Trl, Elgin, TX, 78621 with 5% annual appreciation on a $398,500 basis while $2,160/mo rent supports operations. 79% in year one. Equity gained on principal adds $2,571/yr, and five-year appreciation sums $110,098 alongside rental yield of 6.5%. Five-year ROI measures 71.26% and total cumulative return in cash totals $94,141. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $1,950/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
10.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78621, Elgin, TX area.
| 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 |
Residential
11,094
Single Family
10,748
Multi-Family
346
Businesses
658
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $398,500 |
| 2024-07-21 | Listing removed | N/A |
| 2024-02-22 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $6179.35 | 412.90% | $341,971 | 31.95% |
| 2023-03-26 | $1204.79 | -56.58% | $259,169 | 10.00% |
| 2022-03-26 | $2775.02 | -1.29% | $235,608 | 10.00% |
Listed by: Megan Herrington • eXp Realty LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #9746606
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-03-25 20:07:30 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)
