121 Jackson ST
About This Property
Step outside to enjoy the large backyard, perfect for entertaining, gardening, pets, or future expansion, all enclosed by a privacy fence for added seclusion. Whether you're sipping coffee on the porch or hosting friends under the Texas sky, this yard is a true standout.
Priced at $189,000, this is an incredible opportunity to own a cute, well-kept home with plenty of outdoor space-just minutes from downtown Elgin, shopping, dining, and easy access to Austin.
Charming. Affordable. Move-in ready. This one won't last long! ???
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Compass RE Texas, LLC | $189,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017