Active Listing  ·  72 days on market

401 Bandara Woods Blvd

Elgin, TX 78621
$269,900
3 Bed 2 Bath 1,665 sqft $162/sqft Built 2005 0.17 acres 2-Car Garage Pool County Line Sub Ph

Welcome to this beautiful County Line Subdivision Home in Elgin, Texas — a three-bedroom, two-bath Mother-in-Law floor plan built for both everyday living and hosting. The open layout flows from a bright living room into a kitchen ready for entertaining, with granite countertops throughout and vinyl flooring that keeps things easy to maintain, plus carpet in the bedrooms for comfort.

Step outside and the large backyard gives you room to spread out, garden, privacy to enjoy the Texas evenings. Comfortable, practical, and move-in ready.

And the location seals the deal — The K-12 schools and the community college campus is within 5 minutes, so families get top-rated education without the commute. Make this the 1st property on your List! Make your Appointment Today!!

At $162/sqft, this home is 29% 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

401 Bandara Woods Blvd, Elgin, TX 78621

Property Details

Price $269,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,665 sqft
Lot Size 0.17 acres (7,448.76 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision County Line Sub Ph
County Bastrop
Zip Code 78621
$/sqft $162/sqft
Days on Market ,
HOA $344/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245360725
List Date September 1, 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.

Schedule a Call →

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
106 Four Star Dr
Saratoga Farms Sub Sec
$270,000 $171 3 bd / 3 ba 1,582 sqft , 2026-11-03
14408 E Gurneys Eagle Dr
Eagles Landing
$265,000 $127 4 bd / 3 ba 2,084 sqft , 2025-07-29
19300 Bear Grass Dr
Peppergrass Ph 1C
$274,900 $148 3 bd / 3 ba 1,859 sqft , 2026-06-11
13605 Endless Narrow Ln
Briarwood
$275,000 $171 3 bd / 2 ba 1,604 sqft , 2025-04-14
124 Tillage Rd
Harvest Ridge
$264,000 $185 3 bd / 2 ba 1,425 sqft , 2026-10-17

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
$1,296/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
$53,980
20% conventional investment loan

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

Estimated Gross Rent+$1,296
Principal + Interest−$1,473
Property Tax (assumed ~2.1%)−$472
Insurance (assumed ~0.5%)−$112
Est. Monthly Cash Flow $-761

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 September 23, 2026.

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

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