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MTR occupied investment opportunity!
For Sale – Turnkey Investment Opportunity 702 Cedar Ln, El Lago, TX 77586 Located in the desirable El Lago community, this beautifully renovated 4-bedroom, 3-bath home is the perfect blend of modern style and everyday comfort. ✅ Major Upgrades – Brand-new roof, HVAC system, and energy-efficient windows for peace of mind and long-term savings. ✅ Stylish Interiors – Open-concept layout with new flooring, designer finishes, and a fresh, contemporary color palette. ✅ Fully Updated Kitchen & Baths – Featuring high-end fixtures and elegant finishes that elevate every space. This home is zoned to the highly rated Clear Creek ISD and just minutes from Taylor Lake — perfect for those who love outdoor activities or want a peaceful, well-kept neighborhood. 💰 Asking Price: $387,000 (Market Value: $399,000) 💵 Rental Income: Tenant currently paying $5,500/month (month-to-month) — willing to sign a new lease with the buyer or vacate if preferred. ⚡ Quick Close Incentive: $370,000 for a fast closing! 📦 Ready for Immediate Move-In – Ideal for buy & hold investors looking for a turnkey property with strong cash flow potential.
0 likes • Sep '25
Yes open to seller financing for a small premium. Unsure if STR is allowed. It is a very old HOA so chances are that STR didn’t exist back then
1 like • Sep '25
@Matt Sanderson HOA fee is $100/yr. I believe the HOA information is in here: https://ellago-tx.gov/hoa/
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Eduardo Visbal
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1point to level up
@eduardo-visbal-6543
Real Estate Investor Agent and Interior Designers. Specialize in working with Investors on finding deals and maximizing them through Design.

Active 65d ago
Joined Sep 15, 2025
Houston, TX