Active Listing  ·  199 days on market

18420 Cloudmore Ln

Elgin, TX 78621
$206,000
3 Bed 2 Bath 1,551 sqft $133/sqft Built 2011 0.13 acres 2-Car Garage Pool Westwind Sec 02
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About This Home

NEW PRICE! SHORT SALE APPROVED. Property is being sold AS-IS. Buyer should allow additional time for lender review and approval.

Priced opportunity in Westwind — 3-bedroom, 2-bath home with 2-car garage and functional layout. Bring your vision and make it your own.

Highlights include: located on a quiet cul-de-sac street with limited through traffic, smart home features for added efficiency and control, functional layout with spacious living and private bedrooms, two-car garage with ample storage, recently updated attic insulation and fencing.

At $133/sqft, this home is 42% 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

18420 Cloudmore Ln, Elgin, TX 78621

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Property Details

Price $206,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,551 sqft
Lot Size 0.13 acres (5,623.6 sqft)
Year Built 2011
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Westwind Sec 02
County Travis
Zip Code 78621
$/sqft $133/sqft
Days on Market ,
HOA $165/Semi-Annually
Annual Tax Est. $6,433.9
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225752720
List Date April 27, 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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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 · April 27, 2026 $237,999
Previous ask $215,000
Current ask $206,000
▼ Reduced $31,999 (-13.4%) 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
113 Hays Forest Cv
County Line Ph I $204,900 $118 3 bd / 3 ba 1,738 sqft , 2026-09-30
13508 Sierra Wind Ln
Westwind Sec 01 Amd Of $220,000 $169 3 bd / 2 ba 1,302 sqft , 2026-07-20
17804 Rye Spring Dr
Elm Crk North Ph 1 $220,000 $131 4 bd / 2 ba 1,684 sqft , 2026-07-15
17912 Honey Locust Ln
Elm Creek Sec 02 $225,000 $159 4 bd / 2 ba 1,412 sqft , 2026-06-05
17813 Honey Locust Ln
Elm Crk Sec 02 $225,000 $159 4 bd / 2 ba 1,412 sqft , 2026-08-10

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
$989/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
$41,200
20% conventional investment loan

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

Estimated Gross Rent+$989
Principal + Interest−$1,124
Property Tax (assumed ~2.1%)−$361
Insurance (assumed ~0.5%)−$86
Est. Monthly Cash Flow $-582

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 19, 2026.

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

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