Active Listing  ·  90 days on market

13521 Wandering Rhett Dr

Elgin, TX 78621
$334,990
3 Bed 2 Bath 1,850 sqft $181/sqft Built 2026 0.14 acres 2-Car Garage Pool Briarwood

Welcome to the Mahogany, an 1,850-square-foot, single-story home featuring 3 bedrooms, 2 baths, and a spacious open-concept layout. With 10-foot ceilings throughout and a generously sized owner’s suite, this home offers a comfortable and open feel with thoughtful design details. The upgraded kitchen features built-in appliances and opens directly to the dining area and great room, creating a functional space for everyday living and entertaining. A 5' x 5' fixed window in the great room brings in natural light and adds a strong focal point to the main living area. The large owner’s suite includes a private bath with both a soaking tub and walk-in shower, along with a spacious walk-in closet. A convenient doorway connects the primary closet directly to the laundry room for added functionality. Two secondary bedrooms offer flexible space. With its 10-foot ceilings, large owner’s suite, upgraded kitchen, oversized great room window, and practical laundry-to-closet connection, the Mahogany is designed for comfortable everyday living.

At $181/sqft, this home is 21% 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

13521 Wandering Rhett Dr, Elgin, TX 78621

Property Details

Price $334,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,850 sqft
Lot Size 0.14 acres (6,202.94 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Briarwood
County Travis
Zip Code 78621
$/sqft $181/sqft
Days on Market ,
HOA $96/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243361588
List Date August 14, 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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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 · August 14, 2026 $344,990
Current ask $334,990
▼ Reduced $10,000 (-2.9%) 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
13520 Barn Chime St
Creeks Crossing
$334,990 $149 3 bd / 3 ba 2,250 sqft , 2026-09-15
25528 Farmers Crop Ln
Briarwood
$331,990 $147 4 bd / 3 ba 2,251 sqft , 2026-11-11
25524 Farmers Crop Ln
Briarwood
$338,190 $145 4 bd / 2 ba 2,336 sqft , 2026-07-10
13433 Muny Pkwy
Creeks Crossing
$329,990 $154 3 bd / 2 ba 2,140 sqft , 2026-09-05
13612 Endless Narrow Ln
Briarwood
$339,990 $173 4 bd / 2 ba 1,968 sqft , 2026-07-10

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
$1,608/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
$66,998
20% conventional investment loan

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

Estimated Gross Rent+$1,608
Principal + Interest−$1,828
Property Tax (assumed ~2.1%)−$586
Insurance (assumed ~0.5%)−$140
Est. Monthly Cash Flow $-946

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 November 6, 2026.

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

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