Active Listing  ·  57 days on market

111 Forego Dr

Elgin, TX 78621
$289,900
3 Bed 3 Bath 2,414 sqft $120/sqft Built 2021 0.21 acres 2-Car Garage Pool Saratoga Farms

Outdoor living functions beautifully on the large covered patio featuring epoxy-coated flooring & a ceiling fan, looking out onto the large back yard. The private yard is fully enclosed by a wood fence and features rain gutters, young trees, and a garden. Quiet neighborhood views surround the property, which is situated on a 0.21-acre lot with sidewalks & street lights lining the suburban street.

The classic multi-material facade of this two-story Elgin home blends stone, brick, and siding accents to create a striking exterior. A concrete driveway leads to the attached two-car garage, while the porch invites you inside to explore the 2,414 square feet of living space.

An entrance foyer with crown molding and tile flooring introduces the home's open floorplan. The kitchen functions as a central hub, fully equipped with stone counters, granite counters, a kitchen island, and a breakfast bar. Stainless steel appliances, including a range, oven, cooktop, gas range, microwave, and refrigerator, complete the culinary space, which also features recessed lighting and a pantry. Nearby, the dining area stands ready for gatherings under a chandelier, with tile flooring and French doors leading outdoors.

The living room provides a comfortable environment anchored by a classic fireplace, tile flooring, crown molding, and a ceiling fan. Throughout the secondary spaces, carpet flooring runs underfoot, including in the bedrooms where ceiling fans and blinds are installed. The bathrooms showcase stone counters, tile flooring, a soaking tub, and a glass-enclosed shower.

This property is ready for you to schedule your private tour and experience all it has to offer.

At $120/sqft, this home is 47% 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

111 Forego Dr, Elgin, TX 78621

Property Details

Price $289,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,414 sqft
Lot Size 0.21 acres (9,016.92 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Saratoga Farms
County Bastrop
Zip Code 78621
$/sqft $120/sqft
Days on Market ,
HOA $50/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245998483
List Date September 16, 2026
Elementary School Elgin
Middle School Elgin
High School Elgin
School District Elgin ISD

Elgin ISD

Elgin · Elgin · Elgin

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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 16, 2026 $324,900
Previous ask $317,900
Current ask $289,900
▼ Reduced $35,000 (-10.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
171 Tolo Dr
Trinity Ranch
$289,990 $183 4 bd / 2 ba 1,587 sqft , 2026-03-14
160 Hornet St
Trinity Ranch
$289,540 $182 4 bd / 2 ba 1,587 sqft , 2026-08-12
124 Eagle Valley Dr
Larson Crossing
$290,813 $164 4 bd / 2 ba 1,776 sqft , 2026-10-29
191 Hornet St
Trinity Ranch
$292,990 $178 4 bd / 3 ba 1,648 sqft , 2026-07-29
211 Hornet St
Trinity Ranch
$292,990 $178 4 bd / 3 ba 1,648 sqft , 2026-07-29

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
$1,392/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
$57,980
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,582
Property Tax (assumed ~2.1%)−$507
Insurance (assumed ~0.5%)−$121
Est. Monthly Cash Flow $-818

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

More Luxury Homes in Elgin

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 October 28, 2026.

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

Save this home