About this home

Investor opportunity in a growing Elgin location! This fully leased duplex offers immediate rental income with established tenants in both units. The property features one 2-bedroom/1-bath unit and one 2-bedroom/1.5-bath unit, with a history of stable rental performance and tenant retention. Some updates have already been completed, while additional opportunities remain to continue improving the property and enhance its long-term investment potential. Each unit offers its own laundry closet, refrigerator, separately metered water and electricity, and private fenced backyard area. No HOA. Situated at the end of a cul-de-sac with convenient access to US 290, the property is well positioned between Austin, Taylor and Bastrop, placing it near significant employment and development activity throughout the region, including expanding semiconductor, technology and manufacturing corridors. A versatile investment property offering established tenancy, future flexibility and value-add potential in a growing Central Texas market.

Facts and features

Schools

• Booker T Washington Elementary School

  elementary · K-4 · 0.4 mi

  2

• Elgin Middle School

  middle · 7-8 · 1.5 mi

  3

• Elgin High School

  high · 9-12 · 2.7 mi

  2

• Bastrop County Juvenile Boot Camp

  middle · 9 · 0.8 mi

• Elgin Int

  elementary · 5-6 · 0.9 mi

  2

• Phoenix High School

  high · 10-12 · 0.9 mi

  1

Price history

• Aug 28, 2026 · Listed$264,000
• Dec 17, 2018 · Sold—
• Sep 11, 2018 · Sold—
• Apr 2, 2013 · Listing Removed$60,000
• Feb 24, 2011 · Listing Removed$625
• Mar 8, 2009 · Listing Removed$600
• Feb 23, 2009 · Listed For Rent$600
• Jul 31, 2006 · Sold—

Tax history

• 2026$5,489 tax · $213,218 assessed
• 2025$5,490 tax · $229,000 assessed
• 2024$5,303 tax · $229,000 assessed
• 2023$6,243 tax · $193,879 assessed
• 2022$5,316 tax · $117,278 assessed
• 2021$3,356 tax · $156,723 assessed
• 2020$4,623 tax · $144,027 assessed
• 2019$4,294 tax · $121,319 assessed

Home value

$256,132

• Quantarium$256,132
• Collateral Analytics$261,000
• Cotality$255,500

Where it is