Active Listing  ·  222 days on market

605 W 11th St

Elgin, TX 78621
$269,000
4 Bed 2 Bath 2,100 sqft $128/sqft Built 1955 0.39 acres Pool Sunset Heights

Newly Painted Exterior. Sprawling 4 BR/2 Bath ranch-style bungalow perfect for multi-generational living, located on a large lot with a fenced backyard close to schools, parks, and historic Main Street. Unique floor plan offers a split layout with 2 BR/1BA located on one side of the house and a large master bedroom and renovated bathroom on the other side. Spacious living room, separate dining area, bright kitchen area and two bonus rooms located off the kitchen at the back of the house. Garage has been converted into a studio with a separate entrance and dedicated kitchen, which could be used as a fourth bedroom suite for older kids or mother-in-law suite, craft studio or game room for the family. Laundry room includes stacked washer and dryer. Extra features include 6 - Mini split AC systems, refrigerator, dishwasher LED lighting throughout and sky lights. Double pane windows installed 2019. Roof installed in 2021. Replaced all cast-iron and steel pipes and the Electrical Panel in 2021. Large fenced yard includes raised garden beds and two sheds for your bikes and gardening tools.

At $128/sqft, this home is 44% 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

605 W 11th St, Elgin, TX 78621

Property Details

Price $269,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,100 sqft
Lot Size 0.39 acres (17,162.64 sqft)
Year Built 1955
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Sunset Heights
County Bastrop
Zip Code 78621
$/sqft $128/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225069187
List Date April 4, 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 · April 4, 2026 $335,000
Previous ask $299,500
Current ask $269,000
▼ Reduced $66,000 (-19.7%) 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
106 Four Star Dr
Saratoga Farms Sub Sec
$270,000 $171 3 bd / 3 ba 1,582 sqft , 2026-11-03
148 Gullivers Dr
Trinity Ranch Ph 1, Sec
$275,000 $175 3 bd / 2 ba 1,567 sqft , 2026-03-25
110 W Point Way
Saratoga Farms Sub Sec
$275,000 $186 3 bd / 2 ba 1,479 sqft , 2026-10-06
1133 N Avenue C None
Martinson
$276,500 $145 4 bd / 3 ba 1,901 sqft , 2026-07-11
104 Cates Cv
Saratoga Farms
$279,900 $181 3 bd / 3 ba 1,547 sqft , 2026-09-17

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
$1,291/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
$53,800
20% conventional investment loan

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

Estimated Gross Rent+$1,291
Principal + Interest−$1,468
Property Tax (assumed ~2.1%)−$471
Insurance (assumed ~0.5%)−$112
Est. Monthly Cash Flow $-760

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 4, 2026.

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

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