Active Listing  ·  145 days on market

18736 Imperial Eagle Ln

Elgin, TX 78621
$164,900
2 Bed 2 Bath 1,116 sqft $148/sqft Built 2004 0.08 acres 1-Car Garage Pool Eagles Landing Ph 01

Discover an exceptional living experience at this charming Elgin residence, perfectly blending modern amenities with serene surroundings. This inviting two-story townhome features two bedrooms and one full bathroom upstairs and a half bath downstairs. All pf this in 1116 square feet of meticulously designed living space. The property boasts a welcoming facade with a charming front porch, enhancing its curb appeal. Step inside to find bright, open living areas adorned with newly installed laminate flooring downstairs and upstairs, as well as durable tile flooring, complemented by recessed lighting and ceiling fans for year-round comfort. The well-equipped kitchen is a culinary delight, showcasing sleek stainless steel appliances, contemporary cabinetry, and ample space for meal preparation. Natural light floods the generous bedrooms, many featuring high or vaulted ceilings and warm wood-look flooring, creating tranquil retreats. The well-appointed bathrooms offer a clean aesthetics. A dedicated laundry space provides practical convenience for daily chores, and a natural wood staircase leads gracefully to the upper level. Outside, a fully fenced, private backyard oasis awaits, offering ample green space and a one-car detached garage, perfect for outdoor activities and storage. Located in Elgin, this home offers a peaceful residential setting with easy access to local amenities and a vibrant community atmosphere. Ask about seller paid buyer closing costs.

At $148/sqft, this home is 35% 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

18736 Imperial Eagle Ln, Elgin, TX 78621

Property Details

Price $164,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,116 sqft
Lot Size 0.08 acres (3,449.95 sqft)
Year Built 2004
Garage 1 spaces
Stories ,
Type Residential · Townhouse
Subdivision Eagles Landing Ph 01
County Travis
Zip Code 78621
$/sqft $148/sqft
Days on Market ,
HOA $172/Semi-Annually
Annual Tax Est. $5,370
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237004524
List Date June 20, 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 · June 20, 2026 $219,900
Previous ask $169,900
Current ask $164,900
▼ Reduced $55,000 (-25.0%) 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
220 Winnowing Ln
Harvest Ridge
$179,990 $168 2 bd / 3 ba 1,072 sqft , 2026-07-02
224 Winnowing Ln
Harvest Ridge
$192,960 $167 3 bd / 3 ba 1,153 sqft , 2026-09-22
179 Cider Creek Dr
Harvest Ridge
$199,990 $181 2 bd / 2 ba 1,105 sqft , 2025-08-14
14404 Sage Bloom Ln
Eagles Landing
$208,375 $174 3 bd / 2 ba 1,200 sqft , 2026-09-17
116 Blue Ridge Trl
Shenandoah Ph 01
$219,000 $169 3 bd / 2 ba 1,296 sqft , 2026-05-08

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
$792/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
$32,980
20% conventional investment loan

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

Estimated Gross Rent+$792
Principal + Interest−$900
Property Tax (assumed ~2.1%)−$289
Insurance (assumed ~0.5%)−$69
Est. Monthly Cash Flow $-466

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 23, 2026.

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

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