Active Listing  ·  140 days on market

1114 W 2nd St

Elgin, TX 78621
$280,000
3 Bed 2 Bath 1,824 sqft $154/sqft Built 1960 0.34 acres Pool Sunset Heights

An exceptional opportunity in old town Elgin, where a beautifully maintained mid-century home offers a serene sanctuary amidst impressive gardens. This charming residence blends tranquility and urban convenience, situated near HEB and the revitalized downtown area. The single-story layout encompasses three spacious bedrooms and two full bathrooms. Expansive living areas, totaling 1824 square feet, provide ample space for relaxation and entertaining. This property is ideal for those who appreciate significant outdoor space for gardening and shared leisure activities transforming the surroundings into a personal oasis. Enjoy a peaceful setting with easy access to local amenities and community offerings, striking an ideal balance between quietude and accessibility. Embrace the charm of this welcoming community and envision a lifestyle of comfort and ease in a prime location.

Recent upgrades:

2022 Roof

2023 Blow in insulation, AC system (furnace & outdoor unit)

2024 Deck, gazebo, seamless gutters ,shed

At $154/sqft, this home is 32% 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

1114 W 2nd St, Elgin, TX 78621

Property Details

Price $280,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,824 sqft
Lot Size 0.34 acres (15,002.06 sqft)
Year Built 1960
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Sunset Heights
County Bastrop
Zip Code 78621
$/sqft $154/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,471.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236537620
List Date June 25, 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.

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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 · June 25, 2026 $300,000
Previous ask $295,000
Current ask $280,000
▼ Reduced $20,000 (-6.7%) 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
104 Cates Cv
Saratoga Farms
$279,900 $181 3 bd / 3 ba 1,547 sqft , 2026-09-17
1133 N Avenue C None
Martinson
$276,500 $145 4 bd / 3 ba 1,901 sqft , 2026-07-11
148 Gullivers Dr
Trinity Ranch Ph 1, Sec
$275,000 $175 3 bd / 2 ba 1,567 sqft , 2026-03-25
110 W Point Way
Saratoga Farms Sub Sec
$275,000 $186 3 bd / 2 ba 1,479 sqft , 2026-10-06
181 Hornet St
Trinity Ranch
$271,990 $212 3 bd / 2 ba 1,283 sqft , 2026-07-28

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
$1,344/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
$56,000
20% conventional investment loan

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

Estimated Gross Rent+$1,344
Principal + Interest−$1,528
Property Tax (assumed ~2.1%)−$490
Insurance (assumed ~0.5%)−$117
Est. Monthly Cash Flow $-791

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

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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 26, 2026.

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

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