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    Elgin, TX
    Residential Income

    Elgin, TX Residential Income Properties for Sale

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    Manor, TX Coupland, TX Bastrop, TX Taylor, TX Austin, TX Mcdade, TX Lexington, TX Webberville, TX
    Leased Mixed-Use Elgin Investment
    Updated: May 26
    Leased Mixed-Use Elgin Investment

    24 N MAIN ST, Elgin, TX 78621

    $485,000
    2,314 sqft
    Fully leased mixed‑use property in Historic Downtown Elgin, providing stable income.
    Renovated in 2016 with system upgrades and a new roof installed in October 2021, minimizing maintenance.
    Excellent location on North Main Street with high visibility and walkability, surrounded by amenities.
    Consists of a 1,008 SF retail storefront and a 1,306 SF 2‑bedroom, 1‑bath residential apartment.
    Immediate income generation with potential for increased returns through rental adjustments.
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    This listing looks promising.

    Here's a quick look at some key insights for

    24 N MAIN ST, ELGIN, TX

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $582K
      Above asking

    • Property Type

      Commercial (General)
      Built 1935
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    Farmhouse & Livestock Acreage
    Updated: Jun 4
    Farmhouse & Livestock Acreage

    763 Upper Elgin River Road, Elgin, TX 78621

    $800,000
    2,100 sqft 19.00 AC lot
    Farmhouse built in 1940 with central heating and central air
    4 bedrooms and 2 bathrooms; 2 beds/1 bath downstairs and 2 beds/1 bath upstairs
    Just under 19 unrestricted acres with mature trees, a large pond, and perimeter fencing
    Septic tank sewer service and carport parking
    No floodplain reported; property noted as suitable for cattle, horses, or other livestock
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    Leased Mixed-Use Retail and Apartments
    Leased Mixed-Use Retail and Apartments

    24 N Main St, Elgin, TX 78621

    $450,000
    2,314 sqft

    Fully leased mixed-use building with retail storefront space and a two-bedroom, one-bath apartment.

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    New Construction Duplex Investment
    New Construction Duplex Investment

    109 Fisher St #A & B, Elgin, TX 78621

    $485,000
    2,486 sqft

    Newly built 2024 duplex with two occupied 3-bedroom, 2-bath units, private fenced yards, and separate utility meters.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in Elgin, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Shady Acres Mobile Home Park
    Shady Acres Mobile Home Park

    5805 Blue Bluff Rd, Austin, TX 78724

    $1,899,900
    3.30 AC lot

    Mobile home park near Tesla Giga Factory and Austin Airport.

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    Bastrop Land with Commercial Potential
    Bastrop Land with Commercial Potential

    1540 N Highway 95, Bastrop, TX 78602

    $2,200,000
    861,617 sqft 19.50 AC lot

    19.5 acres near Bastrop suitable for various commercial uses.

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    Two Mobile Homes on Acreage
    Two Mobile Homes on Acreage

    264 Flaming Oak Dr A & B, Bastrop, TX 78602

    $363,000
    0.92 AC lot

    Two remodeled mobile homes on nearly an acre of land.

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    Vacant Quadplex Ready for Renovation
    Vacant Quadplex Ready for Renovation

    8410 Garcreek Cir, Austin, TX 78724

    $450,000

    All four units are vacant and the property is sold as-is, requiring HVAC replacement, paint, and general repairs.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Elgin, TX 10-Acre Land
    Elgin, TX 10-Acre Land

    1035 Old Sayers, Elgin, TX 78621

    $370,000
    10.00 AC lot

    Unrestricted 10-acre property in Elgin, TX with water well.

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    Elgin, TX Land Opportunity
    Elgin, TX Land Opportunity

    4605 County Road 467, Elgin, TX 78621

    $699,000
    25.54 AC lot

    25+ acres with grazing potential near Elgin, Texas.

    View details
    Flat Agricultural Land Tract
    Flat Agricultural Land Tract

    19711 Janak Road, Taylor, TX 78615

    $12,000,000
    196.00 AC lot

    A large, level tract with flexible parcel options near Taylor’s growth corridor for long-term development or continued farming.

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    Unrestricted Land Near Bastrop, TX
    Unrestricted Land Near Bastrop, TX

    Tract 1 Waugh Way, Bastrop, TX 78602

    $89,900
    0.44 AC lot

    0.44 acre lot with utilities, near Bastrop and Austin.

    View details

    Off-Market Properties in Elgin, TX

    Consider similar Off-Market properties in Elgin, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    270 Us-Hwy 290
    Land

    270 Us-Hwy 290, Elgin, TX 78621

    Value Estimation by Request
    10.00 AC lot
    View details
    1389 Highway 290
    Land

    1389 Highway 290, Elgin, TX 78621

    Value Estimation by Request
    10.75 AC lot
    View details
    111 Westbrook Ln
    Multifamily properties

    111 Westbrook Ln, Elgin, TX 78621

    Value Estimation by Request
    23.31 AC lot
    View details
    650 Co Rd
    Land

    650 Co Rd, Elgin, TX 78621

    Value Estimation by Request
    143.00 AC lot
    View details

    Elgin, TX Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Elgin, TX, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,214 square feet of properties for sale, with an estimated market value of $2,220,000.

    Sale prices for residential income properties in Elgin, TX start at $450,000, averaging $555,000, and reaching up to $800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 4
    Duplexes 3
    Single family properties 2
    Triplexes 1

    Demographics Overview

    Population 28K
    Population Growth (5Y) +18.6%
    Median Household Income $88,246
    College Educated 34.5%

    High-Yield Neighborhoods for Investment

    Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    78621 $695K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bastrop County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Bastrop County

    Retail

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