Active Listing  ·  27 days on market

23709 GRACKLE Cv

Elgin, TX 78621
$234,849
4 Bed 2 Bath 1,600 sqft $147/sqft Built 2026 0.10 acres 2-Car Garage Pool Elm Creek

The Pinehollow - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests. Photos are for illustrative purposes only. Estimated Completion January 2027. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $147/sqft, this home is 36% 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

23709 GRACKLE Cv, Elgin, TX 78621

Property Details

Price $234,849
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,600 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Elm Creek
County Travis
Zip Code 78621
$/sqft $147/sqft
Days on Market ,
HOA $55/Monthly
Annual Tax Est. $901.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250077814
List Date October 16, 2026
Elementary School Neidig
Middle School Elgin
High School Elgin
School District Elgin ISD

Elgin ISD

Neidig · 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 · October 16, 2026 $231,999
Previous ask $233,749
Current ask $234,849
▲ Increased $2,850 (+1.2%) 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
13021 Maidenhair Trl
Elm Creek Sec 01
$235,000 $134 4 bd / 3 ba 1,748 sqft , 2026-09-05
23900 Stagg St
Elm Creek
$233,999 $159 3 bd / 2 ba 1,474 sqft , 2026-09-11
23713 GRACKLE Cv
Elm Creek
$233,849 $148 4 bd / 2 ba 1,575 sqft , 2026-10-22
23609 FIRELIGHT Dr
Elm Creek
$232,849 $148 4 bd / 2 ba 1,575 sqft , 2026-10-02
18005 Prairie Verbena Ln
Elm Creek Sec 5A
$229,995 $159 3 bd / 2 ba 1,442 sqft , 2026-10-21

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
$1,127/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$46,970
20% conventional investment loan

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

Estimated Gross Rent+$1,127
Principal + Interest−$1,282
Property Tax (assumed ~2.1%)−$411
Insurance (assumed ~0.5%)−$98
Est. Monthly Cash Flow $-664

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 November 9, 2026.

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

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