Active Listing  ·  15 days on market

165 Barley Ln

Elgin, TX 78621
$308,040
4 Bed 2 Bath 1,937 sqft $159/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Harvest Ridge

Welcome home to 165 Barley Lane located in Elgin’s premier community, Harvest Ridge! This one-story new construction home blends warmth and practicality with modern finishes such as wood-look vinyl flooring in the main living areas and ample natural lighting. The heart of the home can be found in the kitchen which features a center island, corner pantry, Blanco Atlantico Granite Countertops, 42-inch upper cabinets, and stainless-steel appliances with a gas range. Beside the kitchen, a cozy dining area offers a bright and inviting space for casual meals and conversation. The primary suite offers the space and comfort of a large walk-in closet, a semi-private water closet, and a walk-in shower. Other amazing highlights include utility room access through the pantry, 5 panel interior doors, and more!

Harvest Ridge is designed for connection and convenience, featuring top-tier amenities like a resort-style pool, sports courts, fishing ponds, and a coffee bar. With the brand-new onsite elementary school now open and a full-time Lifestyle Director planning regular events, this new home in Elgin offers more than comfort, it offers a vibrant lifestyle.

At $159/sqft, this home is 30% 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

165 Barley Ln, Elgin, TX 78621

Property Details

Price $308,040
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,937 sqft
Lot Size 0.13 acres (5,662.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Harvest Ridge
County Bastrop
Zip Code 78621
$/sqft $159/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT250988719
List Date October 28, 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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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
724 Lavaca Loop
County Line Sub Ph
$307,000 $132 4 bd / 3 ba 2,334 sqft , 2026-08-21
13817 Scarlett Song Dr
Briarwood
$309,990 $187 3 bd / 2 ba 1,660 sqft , 2026-11-09
126 Cider Creek Dr
Harvest Ridge
$310,250 $147 4 bd / 3 ba 2,107 sqft , 2026-06-29
120 Eagle Valley Dr
Larson Crossing
$305,120 $150 4 bd / 3 ba 2,029 sqft , 2026-10-29
101 Eagle Valley Dr
Larson Crossing
$311,370 $150 4 bd / 3 ba 2,070 sqft , 2026-08-14

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
$1,479/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
$61,608
20% conventional investment loan

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

Estimated Gross Rent+$1,479
Principal + Interest−$1,681
Property Tax (assumed ~2.1%)−$539
Insurance (assumed ~0.5%)−$128
Est. Monthly Cash Flow $-869

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 29, 2026.

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

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