Active Listing  ·  14 days on market

319 McClendon Dr

Elgin, TX 78621
$249,990
3 Bed 2 Bath 1,834 sqft $136/sqft Built 1976 0.26 acres 2-Car Garage Pool Elgin Meadows

MAKE IT YOUR OWN! Elgin Home with Updated Kitchen & Major Improvements--This 3-bedroom, 2-bath home offers 1,834 sq. ft., a classic stone exterior, and great potential to make it your own. The attractive front lawn, welcoming entry, and covered porch create curb appeal. Inside, enjoy a spacious living area with vaulted ceilings, a stone wood-burning fireplace, and French doors to the backyard. The remodeled kitchen features granite countertops, ample cabinetry, and a breakfast bar adjoining the dining area. Tile and laminate flooring extend throughout. Major improvements include a new roof in 2022 and an HVAC condenser replaced 3–4 years ago. Refrigerator, washer, and dryer convey. The backyard features mature trees, an 8' x 12' garden shed, and an 8' x 12' greenhouse. Conveniently located near local schools. Add your personal touches, including bathroom updates and repair of the nonfunctional dishwasher. FOUNDATION REPAIR & MASONRY IMPROVEMENTS: Foundation settling has been observed. Seller has obtained a foundation repair quote and intends to complete the quoted work after going under contract and before closing. The foundation repair includes a fully transferable lifetime warranty, subject to warranty terms. Following foundation repair, seller also intends to complete additional masonry repairs at seller's expense. Buyers are encouraged to conduct independent inspections and obtain desired professional evaluations during the option period. Due to repair scheduling and permitting requirements, closing may take up to 45 days. Seller is willing to consider an option period of up to 14 days. Repair details available upon request. FINANCING ASSISTANCE MAY BE AVAILABLE! Qualified buyers may be eligible for down payment assistance, closing cost assistance, or other financing programs through a participating lender (contact Listing Agent for more details). Eligibility, property requirements, and lender approval apply. Bring your vision and explore the possibilities!

At $136/sqft, this home is 40% 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

319 McClendon Dr, Elgin, TX 78621

Property Details

Price $249,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,834 sqft
Lot Size 0.26 acres (11,329.96 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Elgin Meadows
County Bastrop
Zip Code 78621
$/sqft $136/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,399.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250610030
List Date October 29, 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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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
210 LOESCH Dr
ELGIN MEADOWS
$249,999 $154 3 bd / 2 ba 1,625 sqft , 2026-05-15
304 S Main St
ELGIN CITY 003
$250,000 $166 3 bd / 2 ba 1,510 sqft , 2025-12-12
205 Cavalry Trl
Shenandoah
$252,000 $152 3 bd / 2 ba 1,663 sqft , 2026-05-01
116 Eagle Valley Dr
Larson Crossing
$253,928 $161 3 bd / 2 ba 1,576 sqft , 2026-10-29
709 W 11TH St
SUNSET HEIGHTS
$245,000 $175 3 bd / 1 ba 1,400 sqft , 2026-02-26

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
$1,200/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
$49,998
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (assumed ~2.1%)−$437
Insurance (assumed ~0.5%)−$104
Est. Monthly Cash Flow $-705

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 10, 2026.

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

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