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Elgin · Elm Creek Sec 02

$150,000 51 days on market

13020 Jelly Palm Trl, Elgin, TX 78621

  • 2bedrooms
  • 2bathrooms
  • 1,194sqft
  • 0.12acres
  • 2006year built

About this home

Amazing opportunity for a buyer looking for a great deal with a limited scope of work to complete. This single-story home in the Elm Creek community offers strong upside potential, a functional layout, an open kitchen-to-living area, a primary bedroom on the main level, walk-in closet space, an attached garage, and a fenced backyard.

This is a unicorn opportunity for an investor. The current rental income creates an unusually strong rent-to-purchase-price relationship at the current list price, and the existing tenants would like to remain in the property and sign a long-term lease. Tenants are currently month-to-month, giving the next owner flexibility while also offering immediate rental continuity.

Property

Type
Single Family Residence
Levels
One
Year built
2006
Lot size
0.12 acres
Subdivision
Elm Creek Sec 02
MLS #
ACT3369405

Inside

Bedrooms
2
Bathrooms
2
Living area
1,194 sqft

Outside / parking

Garage spaces
2

Schools

Elementary
Elgin
High school
Elgin
District
Elgin ISD

Costs

HOA
$110 / quarterly
Est. annual taxes
$5,469 (2026)

Listing

First listed
Jun 6, 2026
Days listed
51
Status
Active Under Contract

Listed by Chris Smith, Central Metro Realty · [email protected] · MLS# ACT3369405 · Active Under Contract

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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