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$160,000

1217 Elm Ct, Runaway Bay, TX, 76426

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,172 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.52 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal
FlooringTile, Wood

Exterior

Lot Size3,136 sqft

Building Information

Year Built1977
Stories1
Roof Type158
Garage Spaces1

Land Information

APNS2686.0032.00
Lot Number32
SubdivisionRunaway Bay Unit 6
Land UseResidential
Legal DescriptionLOT 32 BLK 1 RUNAWAY BAY UNIT 6
Census Tract150402
Assessment Year2025

About this property

Why keep renting when owning may cost less than you think? Add in two huge primary bedrooms, no carpet, a park across the street, and Lake Bridgeport just minutes away, and this Runaway Bay home starts making a whole lot of sense. The dual-primary layout is one of the best features here. Both bedrooms are genuinely spacious, giving you flexibility for guests, multigenerational living, roommates, or simply two people who both refuse to accept the “small bedroom.” Revolutionary, apparently. The living room is anchored by a floor-to-ceiling brick fireplace that gives the space warmth, character, and a focal point that actually feels like part of the home instead of something staged for a photo. It’s cozy, inviting, and easy to picture yourself settling into. The kitchen offers plenty of cabinet storage and workspace, with enough room for everyday cooking, gadgets, snacks, and all the other things humans somehow accumulate despite repeatedly claiming they’re going to simplify. There’s no carpet anywhere, which means easier upkeep, fewer mystery stains, and one less thing to replace after move-in. The layout flows well, with comfortable living space, generous bedrooms, and good separation between the areas you use every day. Outside, a play park sits directly across the street, while Lake Bridgeport is just minutes away for boating, fishing, lake days, and easy weekends on the water. The Runaway Bay location gives you that relaxed lake-area feel without making everyday life inconvenient. If you’re comparing this home to another year of rent, it’s worth doing the math. With the right financing, homeownership may be more affordable than continuing to lease, and this one gives you a lot to work with: oversized dual primary bedrooms, a standout brick fireplace, abundant kitchen storage, no carpet, park views, and easy access to Lake Bridgeport. This is the kind of place that makes you stop scrolling, so schedule your private showing today and start packing!

Investor Tools

$95,368Estimated Mortgage Balance
$96,632Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$905
$127,439
2025
N/A
N/A
$174,756
No

Tax History

Year
Tax Paid
Assessed Value
2024
$905
$127,439

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$108,007
Yes
First
Oct 30, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,368
$96,632
50%
50%
$648/mo

City: Runaway Bay

1217 Elm Ct | Property Details | No Agent List