Active Listing  ·  124 days on market

11820 Rush Ln

Elgin, TX 78621
$285,000
3 Bed 2 Bath 1,296 sqft $220/sqft Built 2022 0.12 acres 2-Car Garage Pool PEPPERGRASS

Charming 3BR/2BA single-story home. Foyer opens to a spacious kitchen with granite countertops, black appliances, recessed lighting, and a center island, overlooking the dining area and family room. Private primary suite off the family room features a huge walk-in closet and walk-in shower. Covered patio, full sod and irrigation, gutters on front, sides, and back. Move-in ready.and expandWelcome to the Amber, a beautifully designed 3 bedroom, 2 bathroom single-story home built for both everyday living and entertaining. Step through the foyer into an open-concept layout where the kitchen takes center stage, featuring granite countertops, sleek black appliances, recessed lighting, and a large center island that overlooks the dining area and family room, perfect for hosting or keeping an eye on the kids while you cook.

Retreat to the private primary suite, thoughtfully tucked away off the family room for added privacy, complete with a spacious walk-in closet and a walk-in shower designed for comfort. Two additional bedrooms offer flexibility for family, guests, or a home office.

Outside, enjoy a covered patio ideal for relaxing or entertaining year-round, along with full sod and irrigation for easy-care landscaping and gutters running along the front, sides, and back of the home for added protection. Thoughtfully finished and move-in ready, the Amber is the perfect blend of comfort, function, and style.

At $220/sqft, this home is 4% 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

11820 Rush Ln, Elgin, TX 78621

Property Details

Price $285,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,296 sqft
Lot Size 0.12 acres (5,140.08 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision PEPPERGRASS
County Bastrop
Zip Code 78621
$/sqft $220/sqft
Days on Market ,
HOA $80/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239603377
List Date July 11, 2026
Elementary School Neidig
Middle School Elgin
High School Elgin
School District Elgin ISD

Elgin ISD

Neidig · 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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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
14525 Wahlbergs Way
Eagles Landing
$285,900 $181 3 bd / 3 ba 1,580 sqft , 2026-08-14
175 Barley Ln
Harvest Ridge
$285,930 $173 4 bd / 2 ba 1,657 sqft , 2026-10-28
25548 Farmers Crop Ln
Briarwood
$286,990 $171 4 bd / 2 ba 1,680 sqft , 2026-09-28
19108 Bear Grass Dr
Peppergrass
$280,000 $183 3 bd / 2 ba 1,527 sqft , 2026-10-25
25536 Flora Bella Ln
Briarwood
$279,900 $177 3 bd / 2 ba 1,582 sqft , 2026-02-10

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
$1,368/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
$57,000
20% conventional investment loan

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

Estimated Gross Rent+$1,368
Principal + Interest−$1,555
Property Tax (assumed ~2.1%)−$499
Insurance (assumed ~0.5%)−$119
Est. Monthly Cash Flow $-805

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 July 13, 2026.

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

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