Active Listing  ·  147 days on market

128 Honeybee Ln

Elgin, TX 78621
$333,110
4 Bed 3 Bath 2,259 sqft $147/sqft Built 2026 0.15 acres 2-Car Garage Pool New Construction Harvest Ridge

Introducing 128 Honeybee Lane located in Elgin’s premier and attainable Harvest Ridge master planned community. Enjoy a spacious open-concept floor plan with plenty of natural lighting and premium features such as wood-look vinyl flooring in the main living spaces and 5 panel interior doors. The heart of the home can be found in the kitchen, featuring a center island, Miami White Silestone countertops, 42-inch upper cabinets, a corner pantry, and sleek black appliances with a gas range. Beside the kitchen, a cozy dining area offers a bright and inviting space for casual meals and conversation. Upstairs, a spacious recreation room provides the perfect space to exercise or pursue hobbies. Unwind and retreat to the primary suite with a walk-in closet, dual vanity, and a walk-in shower. Other amazing highlights include an upstairs utility closet for a smooth and organized laundry routine and a front porch perfect for morning coffee and evening sunsets.

Live where community comes to life with resort-style amenities, fishing ponds, pickleball courts, and a full-time Lifestyle Director planning year-round events—plus the convenience of an on-site elementary school just steps away.

At $147/sqft, this home is 36% 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

128 Honeybee Ln, Elgin, TX 78621

Property Details

Price $333,110
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,259 sqft
Lot Size 0.15 acres (6,577.56 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Harvest Ridge
County Bastrop
Zip Code 78621
$/sqft $147/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT236845115
List Date June 18, 2026
Elementary School Harvest Ridge
Middle School Elgin
High School Elgin
School District Elgin ISD

Elgin ISD

Harvest Ridge · 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 18, 2026 $332,420
Current ask $333,110
▲ Increased $690 (+0.2%) 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
25560 Farmers Crop Ln
Briarwood
$328,990 $146 4 bd / 3 ba 2,257 sqft , 2026-09-28
234 Appleberry Ln
Harvest Ridge
$340,000 $170 3 bd / 2 ba 1,996 sqft , 2026-06-24
14408 Wahlbergs Way
Eagles Landing
$316,900 $165 4 bd / 3 ba 1,924 sqft , 2026-07-02
101 Eagle Valley Dr
Larson Crossing
$311,370 $150 4 bd / 3 ba 2,070 sqft , 2026-08-14
126 Cider Creek Dr
Harvest Ridge
$310,250 $147 4 bd / 3 ba 2,107 sqft , 2026-06-29

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
$1,599/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
$66,622
20% conventional investment loan

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

Estimated Gross Rent+$1,599
Principal + Interest−$1,818
Property Tax (assumed ~2.1%)−$583
Insurance (assumed ~0.5%)−$139
Est. Monthly Cash Flow $-941

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 6, 2026.

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

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