For SaleRisky Deal31 days on market
231 ELM AVE
231 ELM AVE, Luling, TX 78648, Luling, TX 78648
$159,900
Listing Price
231 ELM AVE, Luling, TX 78648
Loc: Luling, TX
Days Listed
31
Tax Assessed
$240k
Lot Size
0.45 acres
Rent Estimate
$1,540/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Luling Elementary School
PK-5
1.1 mi away
5
Gilbert Gerdes Junior High School
6-8
1 mi away
4
Luling High School
9-12
1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storyvinyl sidingcovered porchgabled roofneutral color palettespacious front yardresidentialsuburbanmodesttraditionallandscaped
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.07%
Total ROI
69.1%
Cash Flow
$-154/mo
DSCR
0.81
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-154/mo net cash flow with a 5.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Luling, TX
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-25 | Listed for sale | $159,900 | $113 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,381.8 | $239,980 |
| 2024 | $4,276.46 | $230,860 |
| 2023 | $4,150.29 | $233,530 |
| 2022 | $4,193.18 | $201,150 |
| 2021 | $3,734.15 | $151,180 |
| 2020 | $0 | $135,890 |
| 2018 | $2,333.55 | $99,330 |
| 2017 | $0 | $94,710 |
| 2016 | $0 | $88,860 |
| 2015 | $0 | $87,160 |
| 2014 | $0 | $86,470 |
| 2012 | $0 | $88,510 |
| 2011 | $0 | $87,910 |
| 2010 | $0 | $88,820 |
| 2009 | $0 | $73,870 |
| 2008 | $0 | $70,050 |
| 2007 | $0 | $70,050 |
| 2006 | $0 | $70,050 |
| 2003 | $0 | $61,800 |
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