12600 Wood Lilly Trl

Elgin, TX 78621
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3 bd, 2 ba | 2,149 sqft | Built in 2007

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List Price
$305,000

Initial Investment

$83,113

Purchase Price

$305,000

Down Payment

25%

Rent

$2,020

Total Return

$118,347

Annualized Return

17.8%

Cap Rate

3.7%

Gross Yield

7.9%

Cash Flow

-$6,215

Appreciation

8.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,550

HOA

$37/mo

Flood Risk

Not Required

The covered front porch on this home is wonderful! Mature trees add extra shade for this comfortably large, inviting space. Plenty of room for seating. The entryway into the home is open and creates a luxurious feel as it escorts you through the curved archways past the office/flex space and formal dining area. Tile and LVP move throughout the home. The kitchen is open to the main living area and has its own breakfast nook & breakfast bar. The coffee bar is ideally situated and there is a built in desk in the kitchen. Plenty of cabinet storage too. The breakfast nook leads you out onto the covered back patio with a ceiling fan. Looking out over the large backyard at the greenbelt you'll see lots of trees and birds. This tranquil space is hard to find anywhere else. The firepit is great for backyard campouts or fun evening fires. Back inside, the living room has its own fireplace for cold winter nights. Wired for sound, the room comfortably fits sectionals or other large furniture. The primary bedroom is spacious and the owners bath has a garden tub & separate shower. Natural light really opens up the room. Very nice and roomy walk in closet. The two guest bedrooms are off their own hallway. You can't find this kind of floor plan in a new build these days. The separation of the sleeping areas from the main living and kitchen areas. The large entryway, bonus rooms like the formal dining and office. Large yard and patio spaces. This is a home that feels good to be in. For outdoor fun the community has a large pool, sport court, two parks & a soccer field. Easy access to 290 to pop into thriving Elgin for free live music in the park & the farmers market or booming Austin & its night life. Or explore all of the festivals in nearby towns like The watermelon Festival, Sherwood Forrest Renaissance Fair, The Iconic Coupland Dance Hall and so much more within 30 minutes of home. To make sure that your move is worry free this home comes with a free to you home warranty.

See more in Analysis
Kevin Guerin
Guerin Property Services
TX Agent License #610683

Annual Financial Highlights

Expected Rent

$23,028

Expenses

-$5,882

Property Taxes

-$6,780

Loan Payments

-$16,581

Net Cash Flow

-$6,215

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Jason Tatum
Agent License 0632225
All City Real Estate Ltd. Co
Certified Agent Brokerage:Kevin Guerin
Guerin Property Services
TX Brokerage License 9000203
SourceAustin/Central Texas Real Estate Information Service (ACTRIS)
MLS #8244202
Last Updated: 04/19/2024 09:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively 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. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.