Active Listing  ·  18 days on market

19108 Bear Grass Dr

Elgin, TX 78621
$280,000
3 Bed 2 Bath 1,527 sqft $183/sqft Built 2021 0.11 acres 2-Car Garage Pool Peppergrass

Welcome home to this inviting, well-maintained 2021-built home offering 1,527 square feet, 3 bedrooms, and 2 full bathrooms. Thoughtfully designed for comfortable everyday living, the open-concept layout creates a seamless flow between the living, dining, and kitchen areas, making it perfect for entertaining or relaxing at home.

The kitchen connects effortlessly to the main living space, creating a bright and welcoming atmosphere. Even better, all appliances convey, including the refrigerator, oven, microwave, washer, and dryer—making your move easier and helping you save on upfront costs.

The spacious primary suite offers a private retreat with its own full bathroom, while the secondary bedrooms provide flexible space for guests, a home office, or hobbies. Step outside to enjoy the backyard, perfect for weekend barbecues, gardening, outdoor activities, or simply unwinding under the beautiful Texas sky.

Conveniently located just minutes from Elgin High School and the shopping, dining, and local charm of downtown Elgin, this newer home offers comfort, convenience, and an excellent opportunity to make homeownership your next chapter.

At $183/sqft, this home is 20% 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

19108 Bear Grass Dr, Elgin, TX 78621

Property Details

Price $280,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,527 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Peppergrass
County Bastrop
Zip Code 78621
$/sqft $183/sqft
Days on Market ,
HOA $99/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250511718
List Date October 25, 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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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
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
108 Cider Creek Dr
Harvest Ridge
$279,310 $186 3 bd / 3 ba 1,501 sqft , 2026-05-21
14705 Wahlbergs Way
Eagles Landing
$276,900 $212 3 bd / 2 ba 1,305 sqft , 2026-06-09
14505 Wahlbergs Way
Eagles Landing
$276,900 $212 3 bd / 2 ba 1,305 sqft , 2026-08-21

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
$1,344/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
$56,000
20% conventional investment loan

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

Estimated Gross Rent+$1,344
Principal + Interest−$1,528
Property Tax (assumed ~2.1%)−$490
Insurance (assumed ~0.5%)−$117
Est. Monthly Cash Flow $-791

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 November 3, 2026.

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

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