Active Listing  ·  181 days on market

214 Hornet St

Elgin, TX 78621
$274,990
3 Bed 2 Bath 1,283 sqft $214/sqft Built 2026 0.11 acres 2-Car Garage Pool New Construction Trinity Ranch

MLS# 5916363 - Built by Trophy Signature Homes - June 2026 Completion! ~ This inviting single-story 3-bedroom, 2-bath home is designed with you in mind. A thoughtful layout creates an easy flow from room to room, offering both comfort and convenience for everyday life. At the heart of the home, the modern kitchen features ample countertop space, making meal prep, homework time, and casual gatherings feel effortless. It opens naturally into the main living areas, creating a warm setting for family dinners, movie nights, and time spent together. The three bedrooms provide flexibility for a growing family, guest space, or a home office, while two full bathrooms help make busy mornings run more smoothly. The single-story design adds to the home’s appeal, offering easy access and a practical layout that works well for all stages of life. With its innovation design, comfortable living spaces, and functional modern kitchen, this home offers the kind of setting where daily routines feel easier and lasting memories are made.

At $214/sqft, this home is 6% 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

214 Hornet St, Elgin, TX 78621

Property Details

Price $274,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,283 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 $214/sqft
Days on Market ,
HOA $156/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230251985
List Date May 15, 2026
Elementary School Elgin
Middle School Elgin
High School Elgin
School District Elgin ISD

Elgin ISD

Elgin · 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
148 Gullivers Dr
Trinity Ranch Ph 1, Sec
$275,000 $175 3 bd / 2 ba 1,567 sqft , 2026-03-25
110 W Point Way
Saratoga Farms Sub Sec
$275,000 $186 3 bd / 2 ba 1,479 sqft , 2026-10-06
181 Hornet St
Trinity Ranch
$271,990 $212 3 bd / 2 ba 1,283 sqft , 2026-07-28
104 Cates Cv
Saratoga Farms
$279,900 $181 3 bd / 3 ba 1,547 sqft , 2026-09-17
106 Four Star Dr
Saratoga Farms Sub Sec
$270,000 $171 3 bd / 3 ba 1,582 sqft , 2026-11-03

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
$1,320/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
$54,998
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (assumed ~2.1%)−$481
Insurance (assumed ~0.5%)−$115
Est. Monthly Cash Flow $-777

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 20, 2026.

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

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