122 Hillside DrElgin, TX 78621

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 Information

Property type

Residential Income

Sub-type

Duplex

Year built

1986

Living area

1,691 Sq Ft

Lot size

0.20 acres

Parking spaces

2

Days on market

39

MLS^® Listing#

5668703

Property Features

Interior

Ceiling Fan(s) · Eat-in Kitchen · Open Floorplan

Exterior

Lighting · Private Yard

Appliances

Dishwasher · Electric Range · Refrigerator · Stainless Steel Appliance(s)

Cooling

Ceiling Fan(s) · Central Air

Heating

Central

Flooring

Carpet · Tile · Vinyl

Pool

None

Parking

Driveway

Laundry

Laundry Closet · Laundry Room

Patio

Rear Porch

Fencing

Back Yard · Privacy

Lot features

Cul-De-Sac · Level

Construction

Masonite

Foundation

Pillar/Post/Pier

Roof

Shingle

Windows

Blinds

Security

Smoke Detector(s)

Other structures

None

Community

None

Utilities

Electricity Connected · Sewer Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Booker T Washington

Middle

Elgin

High

Elgin

Financial Details

HOA

None

Annual taxes

$5,554Tax year 2026

Assessed value

$231,352

Parcel number

53591

Directions

From E US 290 Hwy turn left onto Harris St, turn right onto E Brenham St, take a sharp left turn onto Old McDade Rd, turn right onto Hillside Dr, property will be on your left.