1045 McElroy Ln, New Ulm, TX, 78950
About This Home
This scenic 28.18 acre property in the highly sought after Frelsburg area features an elevated hilltop home with sweeping panoramic views & a high elevation with no floodplain. The land offers a desirable mix of open pasture & a few scattered trees, ideal for livestock, hay production, recreation or a private country retreat. Features include a well maintained 2016 home offering 2,280 SF with 4 bedrooms, 2.5 baths and a flexible bonus room that could serve as a 5th bedroom, office or den, a large living area, wood-burning fireplace, an open kitchen with island, ample cabinetry and dining area with beautiful views. Additional features include a pond, mature oak trees by the homesite and several metal buildings. See attachment for sizes etc. Perimeter fenced with one cross fence, road frontage on two sides, water well (±220’), septic system and propane are all already in place. Part of the property is located in Colorado County and part in Austin County. Hurry as this one is a GEM!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2016
Materials
- Foundation: Other
- Construction materials: Vinyl Siding
Type & Style
- Home type: MobileManufactured
- Architectural style: Traditional
- Property subType: Manufactured Home
Interior
Appliances
- Appliances included: Oven,Microwave,Gas Range,Dishwasher
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Crown Molding,En-Suite Bath,Primary Bed - 1st Floor
- Flooring: Carpet,Vinyl
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 2,280
- Total interior livable area: 2,280 sqft
Kitchen
- Features: Breakfast Bar,Kitchen Island,Kitchen open to Family Room,Pantry
Master Bathroom
- Features: Full Secondary Bathroom Down,Half Bath,Primary Bath: Double Sinks,Primary Bath: Separate Shower,Primary Bath: Soaking Tub,Secondary Bath(s): Double Sinks,Secondary Bath(s): Tub/Shower Combo
Property
Details
- Parcel number: 23391
Features
- Stories: 1
- Fencing: Cross Fenced,Fenced
- On waterfront: Yes
- Waterfront features: Pond
- Topography of land: Sloping
Lot
- Lot size: 28.18 Acres
- Features: Pasture,Cleared,Waterfront,Wooded,20 Up to 50 Acres
Parking
- Total spaces: 1
- Parking features: Driveway Gate,Detached,Additional Parking
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Hurricane
- Inland Flooding
- Lightning
- Strong Wind
- Hail
- Heat Wave
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,298 | $51,576 |
| Home Insurance * | $670 | $8,040 |
| Property Taxes | $870 | $10,440 |
| Electricity | $250 | $3,004 |
| Total | $6,088 | $73,056 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Price change | $850,000 |
| 2024-05-21 | Price change | $674,000 |
| 2024-05-21 | Listed for sale | $1,178,830 |
| 2022-09-26 | Listing removed | -- |
| 2022-08-17 | Price change | $885,000 |
| 2021-11-19 | Listed for sale | $929,000 |
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