Active
2 units6 bd4 ba6,387 sqft
Cost to live here
$5,651/moafter $2,000/mo in rent
Income to qualify: about $187,000 a year, rent counted
At 20% down, 30-year fixed. From 3% down.
$1,049,000•House + ADU
198 Rolling Oak Dr, Elgin, TX 78621
122 Hillside Dr, Elgin, TX 78621
Active
Listed 76 days agoOwner-Occupant Eligible
About $1,017 a month to live here, after the rent from the other home.
Duplex1,691 sqft4 beds2.5 bathsListed Aug 28, 2026
A duplex. Live in one home and rent out the other. How it works
Live here for about
$1,017a month
The other home rents for $1,150. We hold back $190 of that for repairs and an empty month, and the rest goes toward a $1,977 monthly payment.
Income to qualify: about $45,000 a year
With how much down?
At 20% down ($53,800) and 5.6%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $37,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$9,415 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
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 was leased recently but has a positive rental history. 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.
Duplex
Property Type
8,677 sqft
Lot Size
1986
Year Built
Listing Date: 08/28/2026
Listed by: Faith Staires
Listing office: RE/MAX Fine Properties
Contact: (512) 426-3115
Source: Unlock MLS #ACT5668703
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
-15%
$269,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$269,000
Your Down Payment$53,800
Financed$215,200
Estimated Monthly Payment$1,977
Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($53,800) and 5.6%, 30-year fixed. Your rate and down payment change this.
Current Rent
Current Rent
Market Rent
Estimated Monthly Payment (Before Rental Income)
$1,977/month
Principal + Interest
$1,235Property Taxes
$463Home Insurance
$279Estimated Monthly Payment (Before Rental Income)
$1,977/month
Principal + Interest
$1,235Property Taxes
$463Home Insurance
$279$1,977/month
$1,235
$463
$279
Rental Income (1 Unit)
$1,150/month
From leases in place.
Rental Expenses
-$190Rental Income (1 Unit)
$1,150/month
From leases in place.
Rental Expenses
-$190$1,150/month
-$190
Cost to live hereCost to live here, after rent
$1,017/month
Cost to live hereCost to live here, after rent
$1,017/month
$1,017/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
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MLS# ACT5668703 · Listing office: RE/MAX Fine Properties
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
