See Home Value
Elgin 78621
128 Hillside DR
$289,000
● Multifamily - Off Market

128 Hillside DR

Elgin, TX 78621
bedrooms
Studio
bathrooms
0 Bath
square feet
1,691 Ft²
$1,897
Est. Monthly
3.31%
Cap Rate

About This Property

Don't miss out on this rare investment opportunity! Each unit is fully occupied and offers 2 bedrooms, 1.5/1 bathrooms, with upgraded kitchen and bathrooms, ample parking, and walking distance to downtown Elgin. 35k in upgrades since purchase in 2023. Fully fenced and incredibly private backyard with covered back deck on unit B. The property is in a prime location with easy access to Highway 290, just 15 minutes from the Tesla Gigafactory and 15 minutes from the Samsung factory. This is a rare chance to secure income-producing property in a high-demand area with major employers nearby.
Unit Size
1,691 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$171
Property Type
Multifamily
Property Taxes
$478
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

Last updated: 29 days ago (Unlock MLS #ACT5143661)

Price History

Date / Event Date Event Price
Aug 10, 2026 In contract -
In contract
Jun 11, 2026 Price Increased $289,000
↑ $11K (4%)
Price Increased
Jun 2, 2026 Price Decreased $278,000
↓ $15K (5%)
Price Decreased
May 10, 2026 Listed by LPT Realty LLC - Ascend Group $292,500
Listed by LPT Realty LLC - Ascend Group

Property Highlights

Air Conditioning
Parking Details
Has Open Parking
Parking Features: Asphalt, Driveway
Interior Details
Interior Features: Ceiling Fan(s), Eat-in Kitchen
Appliances: Dishwasher, Disposal, Free-Standing Range, Refrigerator, Washer/Dryer, Electric Water Heater
Flooring Type: Carpet, Vinyl
Exterior Details
Square Footage: 1691
Square Footage Source: $0
Green Sustainability
Property Condition: Resale, Average
Year Built Source: Public Records
Year Built: 1986
Waterfront Features: None
Levels: Two
Other Structures: None
Window Features: Vinyl Windows
Construction Materials: Brick, HardiPlank Type, Wood Siding
Patio and Porch Features: Porch, Rear Porch
Pool Features: None
Lot Features: Cul-De-Sac, Wooded
Lot Size Area: 11199.28
Lot Size Units: Square Feet
Lot Size Acres: 0.2571
Lot Size Square Feet: 11199.28
Water Source: Public
Financial Details
Tax Map Number: 16
Tax Assessed Value: $215,752
Tax Annual Amount: $5,736
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20260510
05/10/2026
Studio
-
1691 ft²
$292,500
bedrooms
Studio
bathrooms
-
square feet
1691 ft²
$289,000 -1.20%
05/10/2026
Nicholas Wilt
LPT Realty, LLC

Building Info

128 Hillside Drive 128 Hillside Drive, Elgin, TX 78621
More about this Building
128 Hillside Drive
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About Elgin


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