14320 Tordillo Dr · Elgin, TX 78621

$210,000

3 bd · 2.0 ba · 1,049 sqft · SingleFamily public records · 109 Days on market

Built 2023 Good condition 5,227 sqft lot $200/sqft · 16% below area Est $249k · 16% under $45/mo HOA · 2% of rent ↓ 7% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +14.6/15.0
• Appreciation +10.0/10.0
• Cash flow +9.3/30.0
• 1% rule +4.5/10.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• DSCR +2.6/10.0
• Schools +2.0/10.0

Listing remarks MLS

OWNER FINANCING AVAILABLE! Welcome to 14320 Tordillo Drive! An elegant and modern single-family home built in 2023, offering a serene and quiet environment. This exquisite residence boasts 3 bedrooms and 2 bathrooms within a well-designed 1,047 square feet of living space. Indulge in the comfort of central air conditioning and heating, complemented by stylish carpet and vinyl floors throughout. The open-concept living area seamlessly integrates with a modern kitchen, equipped with an electric oven, dishwasher, and microwave. Enjoy the convenience of a washer and dryer in the unit, a private yard, and a porch for outdoor relaxation. Additional community amenities include a communal pool, playground, and common outdoor space. A garage and driveway provide ample parking options. Discover your perfect oasis today!

Key facts

• Communal pool
• Private yard
• Modern kitchen

Tags

• CENTRAL AIR CONDITIONING
• MODERN KITCHEN
• PRIVATE YARD
• COMMUNAL POOL

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-153 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $183k (12.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $200k (4.7% below list).
• Recommended offer: $183k (12.9% below list) — sets the bar for cash-flow.
• Cap rate 5.4% vs local median 4.4% in Elgin — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 74/100 on livability (#167 in TX, #4,404 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, amenities F, commute F.
• Elgin ISD (rural): math 17% / reading 26% proficiency, ranked #741 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.1%/yr); 813 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 17,121 units permitted in Travis County in 2024 (11,963 in 5+ unit buildings).

Forward outlook

• In year one you build about $22k of equity ($1k loan paydown + $21k appreciation (10.0% local appreciation)).
• Travis County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $182,892 (12.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 109 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.95% ✗
• Cap rate: 5.42%
• Cash-on-cash: -3.13%
• DSCR: 0.86
• GRM: 8.7

CMA / ARV

• ARV (median comp): $249,361
• List price: $210,000
• Delta: -15.78%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13816 Menard Way	0.21mi	3/2.0	1,041 (-1%)	15mo	$241,225	$232	77
17609 Soapberry Cv	0.68mi	3/2.0	1,102 (+5%)	3mo	$235,000	$213	57
13509 Mussel Run	0.51mi	3/2.0	1,047 (-0%)	24mo	$235,000	$224	56
13008 Amaryllis Trl	0.43mi	3/2.0	1,102 (+5%)	22mo	$238,000	$216	53
13036 Date Palm Trl	0.44mi	3/2.0	1,194 (+14%)	7mo	$221,000	$185	51
13324 Illumination Rd	0.26mi	3/2.0	1,200 (+14%)	19mo	$211,990	$177	48
23517 Iron Lantern Way	0.48mi	3/2.0	1,200 (+14%)	19mo	$214,990	$179	38
23513 Tiny Moons	0.51mi	3/2.0	1,200 (+14%)	19mo	$219,990	$183	36
17605 Soapberry Cv	0.69mi	3/2.0	1,194 (+14%)	20mo	$230,000	$193	28

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.12% rent growth · sell at horizon

5-year hold

• IRR: 22.1%
• Equity multiple: 2.79×
• Total profit: $105,044
• Equity at exit: $189,185

10-year hold

• IRR: 19.9%
• Equity multiple: 6.41×
• Total profit: $317,922
• Equity at exit: $407,984

Cash invested: $58,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 78621

• Home prices YoY: 7.6%
• Rents YoY: 3.1%
• Active inventory: 813
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,001 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$500 /mo · $6,006/yr
• Insurance: −$88
• HOA: −$45
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $-153

Break-even live

Break-even rent $2,195

Max offer price $182,892

Occupancy floor —

Sensitivity live

Price	-10% $-35	-5% $-94	+0% $-153	+5% $-213	+10% $-272
Rent	-10% $-312	-5% $-232	+0% $-153	+5% $-74	+10% $5
Rate	-1.0pp $-48	-0.5pp $-100	base $-153	+0.5pp $-208	+1.0pp $-263

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13804 Knights Branch Dr Elgin, TX	3.0	2.5	1427	$1,900	$1.33	5d	1	0.30mi
13604 Menard Way Elgin, TX	3.0	2.0	1474	$1,875	$1.27	25d	1	0.40mi
13124 Maidenhair Trl Elgin, TX	4.0	2.0	1448	$1,775	$1.23	25d	1	0.54mi
13124 Maidenhair Trl Elgin, TX	4.0	2.0	1448	$1,775	$1.23	17d	1	0.54mi
101 Bandara Woods Blvd Elgin, TX	3.0	2.0	1499	$1,769	$1.18	16d	1	1.21mi

HOA detail

• Monthly dues: $45 · $540/yr
• Likely covers: electricpool

Listing history 7 events

1. 2026-06-02
   statusdays on market $210,000 Pending 109 DOM
2. 2026-06-01
   days on market $210,000 Active 108 DOM
3. 2026-05-31
   days on market $210,000 Active 107 DOM
4. 2026-05-01
   price $210,000 821-char remark

   Show marketing remark (821 chars)

   OWNER FINANCING AVAILABLE! Welcome to 14320 Tordillo Drive! An elegant and modern single-family home built in 2023, offering a serene and quiet environment. This exquisite residence boasts 3 bedrooms and 2 bathrooms within a well-designed 1,047 square feet of living space. Indulge in the comfort of central air conditioning and heating, complemented by stylish carpet and vinyl floors throughout. The open-concept living area seamlessly integrates with a modern kitchen, equipped with an electric oven, dishwasher, and microwave. Enjoy the convenience of a washer and dryer in the unit, a private yard, and a porch for outdoor relaxation. Additional community amenities include a communal pool, playground, and common outdoor space. A garage and driveway provide ample parking options. Discover your perfect oasis today!

5. 2026-04-14
   price $224,000 821-char remark

   Show marketing remark (821 chars)

   OWNER FINANCING AVAILABLE! Welcome to 14320 Tordillo Drive! An elegant and modern single-family home built in 2023, offering a serene and quiet environment. This exquisite residence boasts 3 bedrooms and 2 bathrooms within a well-designed 1,047 square feet of living space. Indulge in the comfort of central air conditioning and heating, complemented by stylish carpet and vinyl floors throughout. The open-concept living area seamlessly integrates with a modern kitchen, equipped with an electric oven, dishwasher, and microwave. Enjoy the convenience of a washer and dryer in the unit, a private yard, and a porch for outdoor relaxation. Additional community amenities include a communal pool, playground, and common outdoor space. A garage and driveway provide ample parking options. Discover your perfect oasis today!

6. 2026-02-13
   listed $225,000 Active 821-char remark

   Show marketing remark (821 chars)

   OWNER FINANCING AVAILABLE! Welcome to 14320 Tordillo Drive! An elegant and modern single-family home built in 2023, offering a serene and quiet environment. This exquisite residence boasts 3 bedrooms and 2 bathrooms within a well-designed 1,047 square feet of living space. Indulge in the comfort of central air conditioning and heating, complemented by stylish carpet and vinyl floors throughout. The open-concept living area seamlessly integrates with a modern kitchen, equipped with an electric oven, dishwasher, and microwave. Enjoy the convenience of a washer and dryer in the unit, a private yard, and a porch for outdoor relaxation. Additional community amenities include a communal pool, playground, and common outdoor space. A garage and driveway provide ample parking options. Discover your perfect oasis today!

7. 2025-06-17
   listed Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $6,006 · $500/mo
• Projected year-2 tax: $6,006 · $500/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,012
• − Mortgage interest: −$11,763
• − Property taxes: −$6,006
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,921
• − Management: −$1,921
• − HOA: −$540
• − Depreciation: −$6,109
• Taxable loss: −$5,298
• Est. tax savings @ 24.0%: +$1,272
• After-tax cash flow: $-570/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 1 photo

Good 80/100 Cosmetic rehab

This 2023 single-family home in Elgin, TX, is in excellent condition with modern amenities and a well-maintained exterior. It offers a good return on investment with minor updates to enhance curb appeal and value.

Value-add opportunities

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and adds value
• Both HVAC maintenance — Ensures comfort and energy efficiency

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Both HVAC maintenance — Ensures comfort and energy efficiency ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Elgin ISD
• NCES district ID: 4818360
• Math proficiency: 17% ▼ -9.00%
• Reading proficiency: 26% ▼ -5.00%
• Median HH income: $55,176
• Composite: 19.62/100
• National rank: #8749
• State rank: #741 of 826 in TX

Livability — Elgin

• Score: 74/100
• State rank: #167
• US rank: #4404

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment B- Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Bastrop County · 68,601 people
• City population: 27,860
• Metro: Austin-Round Rock-Georgetown, TX
• Population (ZIP): 30,411
• Household income: $98,534
• Rent vs Own: 18.9% rent · 81.1% own
• Severe rent burden: 235.0

Population outlook (Travis County) Hauer SSP2

• Today (2025): 1,545,133 people
• By 2030: 1,729,269 · +11.9%
• By 2040: 2,097,596 · +35.8%
• By 2050: 2,463,890 · +59.5%
• By 2075: 3,249,374 · +110.3%
• By 2100: 3,801,868 · +146.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 46% White 38% Two or more races 19% Black 11% Native American 1%
• Hispanic origin (detail): Mexican 38%
• Common ancestry: Slovak 2% Italian 2% Romanian 1%
• Foreign-born: 17% · Canada, Vietnam
• Languages at home: 63% English-only · Spanish 36%

Political lean MEDSL · Travis

• 2024 margin: Solid D (+39.3) · D 68.8% · R 29.4% · Other 1.8%
• 2008→2024 swing: +9.9pp toward D · 2008: 29.4pp · 2024: 39.3pp
• All cycles: 2024: D+39.3 2020: D+45.0 2016: D+38.9 2012: D+23.9 2008: D+29.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 29.47%
• Current HPI: 416.87
• Rent YoY: ▲ 3.12%
• Metro: Austin-Round Rock-Georgetown, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-6.7% since first listed

4 events — show timeline

• 2026-05-01 Price Changed $210,000 Unlock MLS
• 2026-04-14 Price Changed $224,000 Unlock MLS
• 2026-02-13 Listed $225,000 Unlock MLS
• 2025-06-17 Listed — Unlock MLS

Property tax history

+129.7%/yr

Latest (2026): $6,006 · -4.5% YoY. Source: county tax records.