Active Listing  ·  170 days on market

222 Hornet St

Elgin, TX 78621
$259,990
3 Bed 2 Bath 1,202 sqft $216/sqft Built 2026 0.11 acres 2-Car Garage Pool New Construction Trinity Ranch

MLS# 7589626 - Built by Trophy Signature Homes - June 2026 Completion! ~ The Ash is designed to cultivate serenity. The front porch entices you to drink coffee al fresco in the mornings before heading indoors for breakfast. There's plenty of counterspace in the kitchen for you to spread out and chop some veggies for the perfect frittata. You have most of the day free, so why not use that extra time to exercise in the home gym you set up in one of the three bedrooms? Afterward, curl up with your favorite book in the generously sized family room. Guests are coming over for dinner later, but for now you have all the time in the world!

At $216/sqft, this home is 5% 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

222 Hornet St, Elgin, TX 78621

Property Details

Price $259,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,202 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 $216/sqft
Days on Market ,
HOA $156.25/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT231437019
List Date May 26, 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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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 26, 2026 $266,990
Previous ask $262,990
Current ask $259,990
▼ Reduced $7,000 (-2.6%) 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
444 Lucky Ave
Trinity Ranch
$262,935 $205 3 bd / 2 ba 1,283 sqft , 2026-01-21
270 Bendecido Loop
Trinity Ranch
$262,965 $177 3 bd / 2 ba 1,482 sqft , 2025-07-23
423 Lucky Ave
Trinity Ranch
$253,485 $183 3 bd / 2 ba 1,388 sqft , 2026-10-29
304 S Main St
ELGIN CITY 003
$250,000 $166 3 bd / 2 ba 1,510 sqft , 2025-12-12
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
$1,248/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
$51,998
20% conventional investment loan

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

Estimated Gross Rent+$1,248
Principal + Interest−$1,419
Property Tax (assumed ~2.1%)−$455
Insurance (assumed ~0.5%)−$108
Est. Monthly Cash Flow $-734

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 12, 2026.

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

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