About This Home

The Chestnut plan by LGI Homes is a spacious one-story, three-bedroom plan at available with Homestead Estates. This plan features a chef-ready kitchen, large family room and a luxurious master retreat, all filled with designer upgrades at no extra costs to you! Homeowners will enjoy having each bedroom off a hallway with the Chestnut plan, which provides additional privacy and a peaceful atmosphere.

At $212/sqft, this home is 7% 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

14505 Wahlbergs Way, Elgin, TX 78621

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Property Details

Price $276,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,305 sqft

Lot Size 0.12 acres (5,174.93 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Eagles Landing

County Travis

Zip Code 78621

$/sqft $212/sqft

Days on Market ,

HOA $420/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT244219779

List Date August 21, 2026

Elementary School Harvest Ridge

Middle School Elgin

High School Elgin

School District Elgin ISD

School District

Elgin ISD

Harvest Ridge · 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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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 21, 2026 $285,900

Previous ask $275,900

Current ask $276,900

▼ Reduced $9,000 (-3.1%) 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

14705 Wahlbergs Way
Eagles Landing $276,900 $212 3 bd / 2 ba 1,305 sqft , 2026-06-09

108 Cider Creek Dr
Harvest Ridge $279,310 $186 3 bd / 3 ba 1,501 sqft , 2026-05-21

25536 Flora Bella Ln
Briarwood $279,900 $177 3 bd / 2 ba 1,582 sqft , 2026-02-10

13805 Ryan Range Ln
Briarwood $279,900 $165 4 bd / 2 ba 1,694 sqft , 2026-07-13

19108 Bear Grass Dr
Peppergrass $280,000 $183 3 bd / 2 ba 1,527 sqft , 2026-10-25

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

$1,329/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

$55,380

20% conventional investment loan

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

Estimated Gross Rent+$1,329

Principal + Interest−$1,511

Property Tax (assumed ~2.1%)−$485

Insurance (assumed ~0.5%)−$115

Est. Monthly Cash Flow $-782

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 14, 2026.

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

14505 Wahlbergs Way

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Elgin, TX

More Luxury Homes in Elgin

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