171 Comancheria TRL
About This Property
Elgin is known for its historic charm, vibrant downtown, and local favorites like Southside Market & Barbeque, one of the oldest barbecue restaurants in Texas and a long standing community staple. The city is also widely recognized as the "Brick Capital of the Southwest" because of its historic brick manufacturing industry.
Residents enjoy convenient access to parks, restaurants, and shops in downtown Elgin, along with community spaces like Elgin Memorial Park which offers walking trails, playgrounds, and outdoor recreation. Located within Elgin Independent School District and approximately 30 minutes from Austin, this property provides a great balance of space and accessibility.
Situated in one of the fastest growing areas east of Austin, this lot offers outstanding potential.
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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 |
|---|---|---|---|
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by Keller Williams Realty | $152,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017