Active Listing  ·  133 days on market

220 Winnowing Ln

Elgin, TX 78621
$179,990
2 Bed 3 Bath 1,072 sqft $168/sqft Built 2026 0.11 acres Pool New Construction Harvest Ridge

Introducing 220 Winnowing Lane located in Elgin’s premier and attainable Harvest Ridge master planned community. The open-concept main floor features wood-look vinyl flooring, 5 panel interior doors, and ample natural lighting. Enter the L-shaped kitchen where you’ll be greeted with Miami White Silestone countertops, Durango Maple cabinets, sleek black appliances with a gas range, and a charming window above the single basin sink overlooking the backyard. Relax and unwind in the second-floor primary suite with a walk-in closet, walk-in shower, and a Silestone vanity. Enjoy other amazing highlights, such as a walk-in closet in the secondary bedroom, an upstairs utility closet, and a green backyard perfect for enjoying the beautiful Texas outdoors.

Live where community comes to life with resort-style amenities, fishing ponds, pickleball courts, and a full-time Lifestyle Director planning year-round events, plus the convenience of an on-site elementary school just steps away.

At $168/sqft, this home is 26% 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

220 Winnowing Ln, Elgin, TX 78621

Property Details

Price $179,990
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,072 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Harvest Ridge
County Bastrop
Zip Code 78621
$/sqft $168/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238468229
List Date July 2, 2026
Elementary School Harvest Ridge
Middle School Elgin
High School Elgin
School District Elgin ISD

Elgin ISD

Harvest Ridge · 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
224 Winnowing Ln
Harvest Ridge
$192,960 $167 3 bd / 3 ba 1,153 sqft , 2026-09-22
610 Mogonye Ln
Mogonye
$195,000 $149 2 bd / 1 ba 1,306 sqft , 2026-09-16
18736 Imperial Eagle Ln
Eagles Landing Ph 01
$164,900 $148 2 bd / 2 ba 1,116 sqft , 2026-06-20
179 Cider Creek Dr
Harvest Ridge
$199,990 $181 2 bd / 2 ba 1,105 sqft , 2025-08-14
207 Wilderness Trl
Shenandoah Sub Ph T
$204,900 $142 3 bd / 2 ba 1,445 sqft , 2026-10-23

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
$864/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
$35,998
20% conventional investment loan

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

Estimated Gross Rent+$864
Principal + Interest−$982
Property Tax (assumed ~2.1%)−$315
Insurance (assumed ~0.5%)−$75
Est. Monthly Cash Flow $-508

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 3, 2026.

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

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