Active Listing  ·  41 days on market

224 Amity Bower Dr

Elgin, TX 78621
$297,289
4 Bed 3 Bath 2,152 sqft $138/sqft Built 2026 0.11 acres 2-Car Garage Pool New Construction FIKA
224 Amity Bower Dr, photo 1
224 Amity Bower Dr, photo 2
224 Amity Bower Dr, photo 3

About This Home

New build community in Elgin by Blossom Homes with affordable pricing. Call us today!

At $138/sqft, this home is 39% 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

224 Amity Bower Dr, Elgin, TX 78621

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Property Details

Price $297,289
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,152 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision FIKA
County Travis
Zip Code 78621
$/sqft $138/sqft
Days on Market ,
HOA $156/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT248261282
List Date October 2, 2026
Elementary School Neidig
Middle School Elgin
High School Elgin
School District Elgin ISD

School District

Elgin ISD

Neidig · Elgin · Elgin

Have Questions About This Property?

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
18312 Stellers Sea St
Eagles Landing $299,900 $156 4 bd / 3 ba 1,924 sqft , 2026-10-09
165 Barley Ln
Harvest Ridge $308,040 $159 4 bd / 2 ba 1,937 sqft , 2026-10-28
236 Amity Bower Dr
FIKA $285,990 $156 4 bd / 3 ba 1,832 sqft , 2026-10-02
175 Barley Ln
Harvest Ridge $285,930 $173 4 bd / 2 ba 1,657 sqft , 2026-10-28
14525 Wahlbergs Way
Eagles Landing $285,900 $181 3 bd / 3 ba 1,580 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
$1,427/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
$59,458
20% conventional investment loan

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

Estimated Gross Rent+$1,427
Principal + Interest−$1,622
Property Tax (assumed ~2.1%)−$520
Insurance (assumed ~0.5%)−$124
Est. Monthly Cash Flow $-839

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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Austin Luxury Homes Sell a Luxury Home Homes with Pool Sell Home Over $2M Investment Properties Rental Properties 1031 Exchange Austin BRRRR Method Austin Austin Market Report Contact Luke Allen
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 13, 2026.

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

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