$269,000

Description

Investor 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.

Property Details

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