About This Home

Welcome to this pristine two-story home on Four Star Dr in Elgin! Offering 1,582 sq. ft. of thoughtfully designed living space, this home features two full bathrooms and recently installed wood flooring throughout both the first and second floors. The backyard offers a peaceful outdoor retreat with established pear, lemon, orange, and apple trees. Enjoy comfortable living, inviting outdoor space, and convenient access to local amenities in the growing Elgin community. A wonderful opportunity to make this home your own!

At $171/sqft, this home is 25% below the Elgin active market average of $228/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

106 Four Star Dr, Elgin, TX 78621

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Property Details

Price $270,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,582 sqft

Lot Size 0.15 acres (6,708.24 sqft)

Year Built 2020

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Saratoga Farms Sub Sec

County Bastrop

Zip Code 78621

$/sqft $171/sqft

Days on Market ,

HOA $50/Quarterly

Annual Tax Est. $6,983.61

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT251090907

List Date November 3, 2026

Elementary School Elgin

Middle School Elgin

High School Elgin

School District Elgin ISD

School District

Elgin ISD

Elgin · Elgin · Elgin

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Elgin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Elgin

Comparable Listings Right Now

Homes currently for sale in Elgin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

401 Bandara Woods Blvd
County Line Sub Ph $269,900 $162 3 bd / 2 ba 1,665 sqft , 2026-09-01

605 W 11th St
Sunset Heights $269,000 $128 4 bd / 2 ba 2,100 sqft , 2026-04-04

181 Hornet St
Trinity Ranch $271,990 $212 3 bd / 2 ba 1,283 sqft , 2026-07-28

214 Hornet St
Trinity Ranch $274,990 $214 3 bd / 2 ba 1,283 sqft , 2026-05-15

148 Gullivers Dr
Trinity Ranch Ph 1, Sec $275,000 $175 3 bd / 2 ba 1,567 sqft , 2026-03-25

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$1,296/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$54,000

20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$1,296

Principal + Interest−$1,474

Property Tax (assumed ~2.1%)−$473

Insurance (assumed ~0.5%)−$113

Est. Monthly Cash Flow $-764

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Elgin, TX

Elgin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 7, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

106 Four Star Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Elgin, TX

More Luxury Homes in Elgin

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