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.
| MLS # | 1314239 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 74 |
| Listing Provided By | RE/MAX Fine Properties | Faith Staires |
| SQ Feet | 1,691 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.22 |
| Water Front | Yes |
| Property View | Neighborhood |
| Interior Features | Ceiling Fan(s), Eat-in Kitchen, Open Floorplan |
|---|---|
| Cooling | Ceiling Fan(s), Central Air |
| Heating | Central |
| Appliances | Dishwasher, Electric Range, RNGHD, Refrigerator, Stainless Steel Appliance(s) |
| Fireplaces Total | 0 |
| Window Features | Blinds |
| Flooring | Carpet, Tile, Vinyl |
| Exterior Features | Exterior Steps, Lighting, Private Yard |
|---|---|
| Roof | Shingle |
| Foundation Details | Pillar/Post/Pier |
| Lot Features | Cul-De-Sac, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft) |
| Patio And Porch Features | Rear Porch |
| Fencing | Back Yard, Privacy |
| Construction Materials | Masonite |
| Security Features | Smoke Detector(s) |
| Parking Features | Driveway |
|---|---|
| Garage Spaces | 0 |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 5276 |
|---|
| State | TX |
|---|---|
| County | Bastrop |
| City | Elgin |
| Zip Code | 78621 |
| Area | EL |
| Community Name | Hillside Sub |
| School District | Elgin ISD |
| Elementary School | Booker T Washington |
| High School | Elgin |
| Listing VS Median (in Hillside Sub) | |
Price: $264,000 low | high Med: $100,225 sqft: 1,691 low | high Med: 1,077 $ / sqft: $156 low | high Med: $77 On site: 74 low | high Med: 161.5 | |
| State | TX |
|---|---|
| County | Bastrop |
| City | Elgin |
| Zip Code | 78621 |
| Area | EL |
| Community Name | Hillside Sub |
| School District | Elgin ISD |
| Elementary School | Booker T Washington |
| High School | Elgin |
| Listing VS Median (in Hillside Sub) | |
Price: $264,000 low | high Med: $100,225 sqft: 1,691 low | high Med: 1,077 $ / sqft: $156 low | high Med: $77 On site: 74 low | high Med: 161.5 | |