Active Listing  ·  149 days on market

214 Saranac Dr

Elgin, TX 78621
$340,000
3 Bed 3 Bath 2,403 sqft $141/sqft Built 2019 0.15 acres 2-Car Garage Pool Saratoga Farms Sub Sec

Welcome home to this beautifully maintained stone exterior home offering style, comfort, and functional living spaces throughout. Inside, you’ll find inviting main living areas, carpet in the bedrooms, and a bright white kitchen designed for entertaining. The kitchen is upgraded and features a huge center island, stainless steel appliances, decorative backsplash, pantry, canned lighting, and a spacious dining area combo. The kitchen opens seamlessly to the inviting family room, creating the perfect gathering space for family and friends.Downstairs, you’ll also find dedicated office space, providing a convenient work-from-home arrangement. Upstairs, a versatile bonus room offers endless possibilities as a game room, media room, hobby space, or additional living area. The spacious primary suite is a true retreat with a massive walk-in shower and oversized walk-in closet. The fenced backyard, two-car garage, and thoughtful finishes throughout make this home both comfortable and functional. Conveniently located minutes from Highway 290, 2 miles from downtown Elgin, 19 miles from Bastrop, 26 miles from Austin Airport, 25 miles from downtown Austin, 18 miles from the Samsung Factory in Taylor, and 23 miles from the Tesla plant, this home offers timeless appeal in a highly accessible location.

At $141/sqft, this home is 38% 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 Saranac Dr, Elgin, TX 78621

Property Details

Price $340,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,403 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Saratoga Farms Sub Sec
County Bastrop
Zip Code 78621
$/sqft $141/sqft
Days on Market ,
HOA $200/Annually
Annual Tax Est. $8,984
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230534264
List Date June 16, 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
13612 Endless Narrow Ln
Briarwood
$339,990 $173 4 bd / 2 ba 1,968 sqft , 2026-07-10
205 Hornet St
Trinity Ranch
$337,990 $137 4 bd / 4 ba 2,470 sqft , 2026-07-29
419 Lucky Ave
Trinity Ranch
$342,390 $151 4 bd / 3 ba 2,262 sqft , 2026-10-29
159 Hornet St
Trinity Ranch
$342,880 $136 4 bd / 3 ba 2,512 sqft , 2026-08-05
13521 Wandering Rhett Dr
Briarwood
$334,990 $181 3 bd / 2 ba 1,850 sqft , 2026-08-14

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
$1,632/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
$68,000
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,856
Property Tax (assumed ~2.1%)−$595
Insurance (assumed ~0.5%)−$142
Est. Monthly Cash Flow $-961

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 July 31, 2026.

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

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