About This Home

LOCATION...SOLAR PANEL SYSTEM ADDED[$25k]....Experience the epitome of spacious, one-story living in this splendid home that seamlessly blends comfort and style. Boasting 3 bedrooms, office and 2 bathrooms, the Frio floor plan offers an ideal layout for families and individuals alike. The home features solar panels, granite countertops, and stainless steel appliances. Please note that a refrigerator is not included

At $197/sqft, this home is 14% 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

13028 Torrey Reynolds Dr, Elgin, TX 78621

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Property Details

Price $299,900

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,525 sqft

Lot Size 0.14 acres (6,168.1 sqft)

Year Built 2023

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Homestead Estates

County Travis

Zip Code 78621

$/sqft $197/sqft

Days on Market ,

HOA $475/Annually

Annual Tax Est. $6,782.44

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT248200293

List Date October 7, 2026

Elementary School Neidig

Middle School Elgin

High School Elgin

School District Elgin ISD

School District

Elgin ISD

Neidig · 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

18312 Stellers Sea St
Eagles Landing $299,900 $156 4 bd / 3 ba 1,924 sqft , 2026-10-09

25520 Timber Drop Ln
Briarwood $295,990 $166 4 bd / 2 ba 1,780 sqft , 2026-09-28

165 Barley Ln
Harvest Ridge $308,040 $159 4 bd / 2 ba 1,937 sqft , 2026-10-28

13809 Ryan Range Ln
Briarwood $289,900 $153 3 bd / 3 ba 1,899 sqft , 2026-07-13

13817 Scarlett Song Dr
Briarwood $309,990 $187 3 bd / 2 ba 1,660 sqft , 2026-11-09

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

$1,440/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

$59,980

20% conventional investment loan

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

Estimated Gross Rent+$1,440

Principal + Interest−$1,637

Property Tax (assumed ~2.1%)−$525

Insurance (assumed ~0.5%)−$125

Est. Monthly Cash Flow $-847

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 October 8, 2026.

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

13028 Torrey Reynolds Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Elgin, TX

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