Active Listing  ·  195 days on market

205 Cavalry Trl

Elgin, TX 78621
$252,000
3 Bed 2 Bath 1,663 sqft $152/sqft Built 2002 0.15 acres 2-Car Garage Pool Shenandoah

Ready for a home that’s as fun as you are? Pop on over to 205 Cavalry TRL in Elgin, TX! This delightful single-family residence, built in 2002, is in tip-top, ready-to-move-in shape, just waiting for your personal touch. Step into the kitchen, where culinary adventures await! A fabulous island, complete with its very own sink, makes meal prep a breeze and provides the perfect spot for casual chats or a quick breakfast bite. When it's time to unwind, discover a bathroom designed for ultimate relaxation. Here, you'll find a double vanity, ensuring plenty of elbow room, and a walk-in shower that promises a refreshing escape. One of the bedrooms also comes with the added luxury of an ensuite bathroom, offering a private retreat. Beyond the walls, a private yard beckons for outdoor fun, while an internal laundry room keeps chores conveniently out of sight. This ranch-style home is more than just a place to live; it's a springboard for your best life, so why not come see it for yourself?

At $152/sqft, this home is 33% 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

205 Cavalry Trl, Elgin, TX 78621

Property Details

Price $252,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,663 sqft
Lot Size 0.15 acres (6,342.34 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shenandoah
County Bastrop
Zip Code 78621
$/sqft $152/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,584.7
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227465902
List Date May 1, 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 · May 1, 2026 $265,828
Previous ask $259,900
Current ask $252,000
▼ Reduced $13,828 (-5.2%) 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
116 Eagle Valley Dr
Larson Crossing
$253,928 $161 3 bd / 2 ba 1,576 sqft , 2026-10-29
210 LOESCH Dr
ELGIN MEADOWS
$249,999 $154 3 bd / 2 ba 1,625 sqft , 2026-05-15
13808 Ryan Range Ln
Briarwood
$249,990 $186 3 bd / 2 ba 1,344 sqft , 2026-07-14
13709 Ryan Range Ln
Briarwood
$249,990 $186 3 bd / 2 ba 1,344 sqft , 2026-08-07
319 McClendon Dr
Elgin Meadows
$249,990 $136 3 bd / 2 ba 1,834 sqft , 2026-10-29

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
$1,210/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
$50,400
20% conventional investment loan

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

Estimated Gross Rent+$1,210
Principal + Interest−$1,375
Property Tax (assumed ~2.1%)−$441
Insurance (assumed ~0.5%)−$105
Est. Monthly Cash Flow $-711

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 28, 2026.

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

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