About This Home

MLS# 2609959 - Built by Trophy Signature Homes - Ready Now! ~ The Cypress, where contemporary elegance meets practical comfort. This thoughtfully designed floor plan offers an inviting blend of open spaces and refined details, making it perfect for both entertaining and everyday living. This layout creates a seamless connection between the kitchen, dining, and living spaces, enhancing the flow and openness of the home. The kitchen is a highlight, featuring a generous island with seating, premium appliances, and ample storage, making it both a functional workspace and a gathering spot.

At $187/sqft, this home is 18% 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

171 Hornet St, Elgin, TX 78621

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Property Details

Price $307,490

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 1,648 sqft

Lot Size 0.11 acres (4,791.6 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Trinity Ranch

County Bastrop

Zip Code 78621

$/sqft $187/sqft

Days on Market ,

HOA $156/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT241448300

List Date July 28, 2026

Elementary School Elgin

Middle School Elgin

High School Elgin

School District Elgin ISD

School District

Elgin ISD

Elgin · Elgin · Elgin

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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

113 Two Bits None
Trinity Ranch $308,195 $171 3 bd / 3 ba 1,805 sqft , 2026-08-05

134 Hornet St
Trinity Ranch $309,990 $172 3 bd / 3 ba 1,805 sqft , 2026-03-13

106 Hornet St
Trinity Ranch $303,665 $168 4 bd / 3 ba 1,805 sqft , 2026-01-26

163 Tolo Dr
Trinity Ranch $303,665 $168 3 bd / 3 ba 1,805 sqft , 2026-05-12

156 Hornet St
Trinity Ranch $303,665 $168 3 bd / 3 ba 1,805 sqft , 2026-08-06

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

$1,476/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

$61,498

20% conventional investment loan

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

Estimated Gross Rent+$1,476

Principal + Interest−$1,678

Property Tax (assumed ~2.1%)−$538

Insurance (assumed ~0.5%)−$128

Est. Monthly Cash Flow $-868

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 September 30, 2026.

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

171 Hornet St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Elgin, TX

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