New ListingInvestor opportunity in a growing Elgin location with flexibility for both traditional investors and owner-occupants. This duplex features one 2-bedroom/1-bath unit and one 2-bedroom/1.5-bath unit, with one side currently leased to a long-term tenant and the other vacant with a positive rental history. The vacancy creates an opportunity to place a new tenant or occupy one side while maintaining rental income from the other.Some updates have already been completed, including replacement of both HVAC systems and a water heater in 2024, while additional opportunities remain to continue improving the property and enhance its long-term rental potential. Each unit offers its own laundry closet, refrigerator, separately metered water and electricity, and private fenced backyard area. No HOA.Located in Elgin with convenient access to US 290 and SH 95, the property is well positioned between Austin, Taylor and Bastrop County, placing it near significant employment and development activity throughout the region, including the expanding semiconductor, technology and manufacturing corridors. A versatile duplex with established tenant history, existing income, owner-occupant potential and room to build additional value over time.
| MLS # | 5668703 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 5 |
| Listing Provided By | RE/MAX Fine Properties | Faith Staires |
| SQ Feet | 1,691 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.20 |
| 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 | 5553 |
|---|
| 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: $269,000 low | high Med: $0 On site: 5 low | high Med: | |
| 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: $269,000 low | high Med: $0 On site: 5 low | high Med: | |