NOT LISTED FOR SALE

325 Powell Ln Elgin, TX 78621

Estimated Value: $623,626 - $1,039,000

25.08 Acres
$32,611 Price per Acre
1,092,485 Sq Ft Lot

Last Sold May 03, 2019

Current estimated payment $4,600/month

29 Days on Market

Highlights

  • Horse Facilities
  • Pasture Views
  • Lake, Pond or Stream
  • Barn
  • Family Room with Fireplace
  • 1 Stock Tank or Pond

About This Lot

As of May 2019

Homestead, Horse Boarding or Training Facility, Showplace, Airbnb/Rental Property--10-stall show barn with apartment and country style home could easily grace the cover of Southern Living or Horse Illustrated magazine someday. The sellers have been generating a mid-5-figure income from Airbnbing the property. The barn and pastures are set up for an upscale equestrian facility-breeding, training, or boarding; and a non-pro's dream come true. Priced to Sell!

Last Agent to Sell the Property

Megan Herrington

eXp Realty LLC License #0655711 Listed on: 02/28/2019

eXp Realty LLC

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Property Type

  • Land

Year Built

  • Built in 2001

Lot Details

  • Garden
  • Back Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,897 Sq Ft Home
  • High Ceiling
  • Family Room with Fireplace
  • Pasture Views
  • Plumbed For Ice Maker

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Separate Shower

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Farming

  • Barn
  • 1 Barn
  • 1 Stock Tank or Pond
  • Horse Farm

Utilities

  • Central Heating
  • Electricity To Lot Line
  • Above Ground Utilities
  • Co-Op Water
  • 1 Water Well
  • On Site Septic

Community Details

  • Horse Facilities
  • Lake, Pond or Stream
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 17,18,19,20
  • Assessor Parcel Number R57843
  • 2% Total Tax Rate

Property Details

Property Type

Land

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Farms/Ranch/Acreage
  • Property Sub Type: House
  • Access Instructions: Alarm On Premises
  • Buildings List: Barn-Pole, Stable(s)
  • Guest Accommodations: No
  • House Condition: As-Is
  • Total Sq Ft: 3897
  • Steps: Back Steps, Exterior Steps
  • Stories: 2
  • Year Built Exception: Approximate
  • Year Built: 2001
  • Ratio Close Price By List Price: 1.00134
  • Ratio Close Price By Original Li: 1.00134
  • Ratio Close Price By Sq Ft: 192.46
  • Ratio Current Price By Lot Size: 29904.31
  • Ratio Current Price By Sq Ft: 192.46
  • Ratio List Price By Sq Ft: 192.20
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Faces: West
  • Master Description: 2 Master Suites, Double Vanity, Full Bath, Jetted Tub, Separate Shower, Walk-In Closet
  • Kitchen: Breakfast Area, Pantry Closet, Plumbed For Icemaker
  • Main Level Bedrooms: 1
  • Interior Amenities: Ceiling-High, Plumbed For Icemaker, Security System - Owned, Separate Shower, Smoke Detector, Walk-In Closet
  • Dining Description: Breakfast Area, Formal Dining Room
  • View: Fields
  • Laundry Facilities: Dryer Connection - Electric, Main Level, Sink, Utility/Laundry Room, Washer Connections
  • Flooring: Carpet, Linoleum, Tile - Hard
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Condition: As-Is
  • Fireplace Features: Family Room
  • Improvements: Fenced, Phone Lines, Propane Tank, Public Water, Septic System, Utilities-Barn, Well - Private
  • Kitchen Appliances: Central Vacuum, Dishwasher, Dryer, Exhaust Fan Vented, Microwave Oven, Refrigerator, Stainless Steel, Washer, Water Heater Electric
  • Master Main: Yes
  • Num Dining: 1
  • Fireplaces: 1
  • Num Living: 1
  • Num Other Level Beds: 3
  • Region: Elgin/Manor

Exterior Features

  • Fence: Electric, Livestock, Split Rail, Wood
  • Pool on Property: No
  • Trees: Medium (20 Ft - 40 Ft), Moderate
  • Waterfront: No
  • Number of Horses Allowed: 20
  • Exterior Features: Barn/Stable, Decorative Pond, Horse Facilities, Patio-Covered, Porch-Open, Private Backyard, Private Garden
  • Roof: Composition Shingle
  • Construction: Frame/Stone, Hardiplank Type
  • Horses Allowed On Property: Yes
  • Foundation: Slab
  • Soil Type: Sandy Loam
  • Creek: Intermittent
  • Number of Barns: 1
  • Numof Ponds: 1
  • Numof Wells: 1
  • Num Sheds: 1

Garage/Parking

  • Total Covered Spaces: 2
  • Garage Condition: Good
  • Numof Garages: 1
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Sewer: Septic On Property
  • Utilities: Above Ground, Electricity On Property
  • Heating: Central Heat, Electric
  • Water Source: Co-Op, Well On Property

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Elgin ISD
  • Elementary A: Elgin
  • Intermediary: Yes
  • Middle Intermediate School: Elgin
  • High School: Elgin

Lot Info

  • Barn Condition: Good
  • Enclosed Fence Percentage: 100
  • Enclosed Fences Condition Description: Good
  • Farm: Horse Farm
  • House On Property: Yes
  • Lot Size Area: 25.080
  • Mineral Rights: See Agent
  • Perimeter Fence Percentage: 100
  • Perimeter Fences Cond Desc: Good
  • Shed Condition: Good
  • Topography: Pasture
  • Parcel Number: R57843
  • M A P S C O Grid: H
  • M A P S C O Page: 28

Tax Info

  • Tax Filled Sqft Total: 3897
  • Tax Lot: 17,18,19,20
  • Tax Rate: 2.32470000000000
  • Tax Amount: 10342.00
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
Dominguez Hilary A
Bought by
Dominguez Ernesto Rene
Current Estimated Value
$707,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,800
Outstanding Balance
$535,123
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$282,752
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dominguez Ernesto Rene -- Independence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Ernesto Rene $579,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2019 05/03/19 Sold -- -- --
03/29/2019 03/29/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $749,000 -3.4% $192 / Sq Ft
04/01/2016 04/01/16 Sold -- -- -- View Prior Sale
02/20/2016 02/20/16 Pending -- -- --
09/08/2014 09/08/14 For Sale $775,000 -- $237 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,745 $543,823 $120,065 $423,758
2024 $10,745 $587,951 $120,065 $467,886
2023 $10,745 $606,804 $120,065 $486,739
2022 $12,936 $643,115 $132,072 $511,043
2021 $11,061 $496,830 $79,953 $416,877
2020 $10,558 $460,405 $83,732 $376,673
2019 $10,342 $444,874 $83,732 $361,142
2018 $10,368 $444,874 $83,732 $361,142
2017 $8,438 $361,257 $83,732 $277,525
2016 $8,438 $361,257 $83,732 $277,525
2015 $8,111 $361,257 $83,732 $277,525
2014 $8,111 $372,232 $47,327 $324,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5176726

Unlock MLS (Austin Board of REALTORS®)

APN: 57843