17701 Oso Cv · Elgin, TX 78621

$270,000

3 bd · 2.0 ba · 1,900 sqft · SingleFamily public records · 87 Days on market

Built 2023 Good condition 5,349 sqft lot $142/sqft · at area comps Est $264k · at est. $65/mo HOA · 3% of rent ↓ 10% since listing

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Why this score? — see what drove the D- 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).

• Appreciation +10.0/10.0
• Cash flow +6.5/30.0
• ARV discount +6.5/15.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• 1% rule +3.3/10.0
• Rent growth +3.3/5.0
• Schools +2.0/10.0
• DSCR +0.8/10.0

Listing remarks MLS

Welcome home to 17701 Oso Cove in Elgin, TX — Now offering up to $4,000 toward buyer closing costs! This charming two-story home features 4 bedrooms, 2 bathrooms, and approximately 1,900 square feet of comfortable, well-designed living space. From the moment you arrive, you’ll notice the inviting curb appeal, complete with a welcoming front entry and space to sit and enjoy the neighborhood. Inside, the open-concept layout creates a natural flow between the kitchen, living, and dining areas—perfect for everyday living and easy entertaining. The kitchen stands out with rich cabinetry, a stylish subway tile backsplash, and a spacious breakfast bar that keeps everyone connected. Upstairs and down, the generously sized bedrooms offer flexibility for guests, a home office, or additional living needs, while the primary suite provides a quiet retreat at the end of the day. Step outside to a large, fully fenced backyard with plenty of room to create your ideal outdoor space—whether that’s a garden, play area, or future patio setup. The wide-open layout gives you a blank canvas to truly make it your own. With its warm feel, functional layout, and added value with closing cost assistance, this Elgin home is ready for its next owner to move in and make it their own.

Key facts

• Rich cabinetry
• Private driveway
• Two story home

Tags

• TWO STORY HOME
• RICH CABINETRY
• SUBWAY TILE BACKSPLASH
• SPACIOUS BREAKFAST BAR
• PRIVATE DRIVEWAY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $270k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-458 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $189k (30.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $223k (17.3% below list).
• Recommended offer: $189k (30.0% below list) — sets the bar for cash-flow.

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); 807 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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 $29k of equity ($2k loan paydown + $27k 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 ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($254k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 2.8% 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 $189,088 (30.0% 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 87 days. Have you received any prior offers? Is the seller open to a 30% 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 0.83% ✗
• Cap rate: 4.26%
• Cash-on-cash: -7.27%
• DSCR: 0.68
• GRM: 10.1

CMA / ARV

• ARV (median comp): $264,272
• List price: $270,000
• Delta: 2.17%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13708 Sierra Wind Ln	0.45mi	3/2.5	1,833 (-4%)	1mo	$254,999	$139	70
13405 Barn Chime St	0.28mi	4/2.0 (+1)	1,977 (+4%)	6mo	$339,990	$172	70
13420 Barn Chime St	0.30mi	3/2.0	1,650 (-13%)	3mo	$284,990	$173	62
18309 Rock Sage Cv	0.43mi	4/2.0 (+1)	1,766 (-7%)	2mo	$279,900	$158	62
17913 Honey Locust Ln	0.36mi	3/2.5	1,668 (-12%)	2mo	$245,000	$147	59
13512 Muny Pkwy	0.37mi	3/2.0	1,650 (-13%)	3mo	$289,990	$176	58
13500 Barn Chime St	0.36mi	3/2.0	1,650 (-13%)	3mo	$274,990	$167	58
13509 Barn Chime St	0.39mi	4/2.0 (+1)	2,086 (+10%)	3mo	$319,990	$153	58
17813 Boardtree Dr	0.37mi	4/2.0 (+1)	1,684 (-11%)	3mo	$232,990	$138	56
13504 Muny Pkwy	0.36mi	3/3.0	2,160 (+14%)	1mo	$299,990	$139	56
13609 Barn Chime St	0.48mi	3/2.0	1,650 (-13%)	4mo	$299,990	$182	52
17816 Honey Locust Ln	0.41mi	4/3.0 (+1)	2,146 (+13%)	2mo	$199,999	$93	49

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: 19.2%
• Equity multiple: 2.57×
• Total profit: $118,400
• Equity at exit: $243,237

10-year hold

• IRR: 17.8%
• Equity multiple: 5.93×
• Total profit: $372,663
• Equity at exit: $524,551

Cash invested: $75,600 (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: 807
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,233 high
• Mortgage (P&I): −$1,416
• Tax from tax record: −$629 /mo · $7,549/yr
• Insurance: −$112
• HOA: −$65
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $-458

Break-even live

Break-even rent $2,813

Max offer price $189,088

Occupancy floor —

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: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14129 Tordillo Dr Elgin, TX	4.0	2.5	1874	$2,675	$1.43	23d	1	0.12mi
14129 Tordillo Dr Unit NA Elgin, TX	4.0	2.5	1874	$2,595	$1.38	4d	1	0.12mi
13121 Blackeyed Susan Trl Elgin, TX	4.0	2.0	1586	$1,800	$1.13	17d	1	0.23mi
13804 Knights Branch Dr Elgin, TX	3.0	2.5	1427	$1,900	$1.33	4d	1	0.23mi
13725 Knights Branch Dr Elgin, TX	4.0	2.5	1800	$2,100	$1.17	23d	1	0.24mi
13501 Sierra Wind Ln Elgin, TX	4.0	2.5	2066	$2,500	$1.21	19d	1	0.30mi
13604 Menard Way Elgin, TX	3.0	2.0	1474	$1,875	$1.27	23d	1	0.34mi
13520 Knights Branch Dr Elgin, TX	3.0	2.5	1600	$1,850	$1.16	1d	1	0.35mi
13124 Maidenhair Trl Elgin, TX	4.0	2.0	1448	$1,775	$1.23	16d	1	0.46mi
13124 Maidenhair Trl Elgin, TX	4.0	2.0	1448	$1,775	$1.23	23d	1	0.46mi
13305 Banquete St Elgin, TX	4.0	2.0	1707	$1,995	$1.17	43d	1	0.49mi
13501 Mussel Run Elgin, TX	4.0	2.0	1667	$1,800	$1.08	16d	1	0.49mi
17812 Prairie Verbena Ln Elgin, TX	3.0	2.5	2049	$2,199	$1.07	43d	1	0.55mi
18436 Weatherby Ln Elgin, TX	4.0	2.5	2095	$2,000	$0.95	4d	1	0.65mi
23408 Tiny Moons Way Elgin, TX	4.0	2.5	2000	$1,960	$0.98	20d	1	1.21mi
13249 Illumination Rd Unit R2 Elgin, TX	4.0	3.0	2000	$600	$0.30	17d	1	1.24mi
13249 Illumination Rd Unit R3 Elgin, TX	4.0	3.0	2000	$560	$0.28	21d	1	1.24mi
101 Bandara Woods Blvd Elgin, TX	3.0	2.0	1499	$1,769	$1.18	14d	1	1.29mi
13249 Illumination Rd Unit R4 Elgin, TX	4.0	3.0	2000	$589	$0.29	43d	1	1.30mi
102 Blanco Woods Blvd Elgin, TX	3.0	2.5	2450	$1,800	$0.73	43d	1	1.32mi
401 Bandara Woods Blvd Elgin, TX	3.0	2.0	1665	$1,875	$1.13	43d	1	1.39mi

HOA detail

• Monthly dues: $65 · $780/yr

Listing history 10 events

1. 2026-06-04
   days on market $270,000 Active 87 DOM
2. 2026-06-03
   days on market $270,000 Active 86 DOM
3. 2026-06-02
   days on market $270,000 Active 85 DOM
4. 2026-06-01
   days on market $270,000 Active 84 DOM
5. 2026-05-31
   days on market $270,000 Active 83 DOM
6. 2026-05-12
   price $270,000 1307-char remark

   Show marketing remark (1307 chars)

   Welcome home to 17701 Oso Cove in Elgin, TX — Now offering up to $4,000 toward buyer closing costs! This charming two-story home features 4 bedrooms, 2 bathrooms, and approximately 1,900 square feet of comfortable, well-designed living space. From the moment you arrive, you’ll notice the inviting curb appeal, complete with a welcoming front entry and space to sit and enjoy the neighborhood. Inside, the open-concept layout creates a natural flow between the kitchen, living, and dining areas—perfect for everyday living and easy entertaining. The kitchen stands out with rich cabinetry, a stylish subway tile backsplash, and a spacious breakfast bar that keeps everyone connected. Upstairs and down, the generously sized bedrooms offer flexibility for guests, a home office, or additional living needs, while the primary suite provides a quiet retreat at the end of the day. Step outside to a large, fully fenced backyard with plenty of room to create your ideal outdoor space—whether that’s a garden, play area, or future patio setup. The wide-open layout gives you a blank canvas to truly make it your own. With its warm feel, functional layout, and added value with closing cost assistance, this Elgin home is ready for its next owner to move in and make it their own.

7. 2026-04-28
   price $275,000 1307-char remark

   Show marketing remark (1307 chars)

   Welcome home to 17701 Oso Cove in Elgin, TX — Now offering up to $4,000 toward buyer closing costs! This charming two-story home features 4 bedrooms, 2 bathrooms, and approximately 1,900 square feet of comfortable, well-designed living space. From the moment you arrive, you’ll notice the inviting curb appeal, complete with a welcoming front entry and space to sit and enjoy the neighborhood. Inside, the open-concept layout creates a natural flow between the kitchen, living, and dining areas—perfect for everyday living and easy entertaining. The kitchen stands out with rich cabinetry, a stylish subway tile backsplash, and a spacious breakfast bar that keeps everyone connected. Upstairs and down, the generously sized bedrooms offer flexibility for guests, a home office, or additional living needs, while the primary suite provides a quiet retreat at the end of the day. Step outside to a large, fully fenced backyard with plenty of room to create your ideal outdoor space—whether that’s a garden, play area, or future patio setup. The wide-open layout gives you a blank canvas to truly make it your own. With its warm feel, functional layout, and added value with closing cost assistance, this Elgin home is ready for its next owner to move in and make it their own.

8. 2026-04-12
   price $280,000 1307-char remark

   Show marketing remark (1307 chars)

   Welcome home to 17701 Oso Cove in Elgin, TX — Now offering up to $4,000 toward buyer closing costs! This charming two-story home features 4 bedrooms, 2 bathrooms, and approximately 1,900 square feet of comfortable, well-designed living space. From the moment you arrive, you’ll notice the inviting curb appeal, complete with a welcoming front entry and space to sit and enjoy the neighborhood. Inside, the open-concept layout creates a natural flow between the kitchen, living, and dining areas—perfect for everyday living and easy entertaining. The kitchen stands out with rich cabinetry, a stylish subway tile backsplash, and a spacious breakfast bar that keeps everyone connected. Upstairs and down, the generously sized bedrooms offer flexibility for guests, a home office, or additional living needs, while the primary suite provides a quiet retreat at the end of the day. Step outside to a large, fully fenced backyard with plenty of room to create your ideal outdoor space—whether that’s a garden, play area, or future patio setup. The wide-open layout gives you a blank canvas to truly make it your own. With its warm feel, functional layout, and added value with closing cost assistance, this Elgin home is ready for its next owner to move in and make it their own.

9. 2026-04-04
   price $290,000 1307-char remark

   Show marketing remark (1307 chars)

   Welcome home to 17701 Oso Cove in Elgin, TX — Now offering up to $4,000 toward buyer closing costs! This charming two-story home features 4 bedrooms, 2 bathrooms, and approximately 1,900 square feet of comfortable, well-designed living space. From the moment you arrive, you’ll notice the inviting curb appeal, complete with a welcoming front entry and space to sit and enjoy the neighborhood. Inside, the open-concept layout creates a natural flow between the kitchen, living, and dining areas—perfect for everyday living and easy entertaining. The kitchen stands out with rich cabinetry, a stylish subway tile backsplash, and a spacious breakfast bar that keeps everyone connected. Upstairs and down, the generously sized bedrooms offer flexibility for guests, a home office, or additional living needs, while the primary suite provides a quiet retreat at the end of the day. Step outside to a large, fully fenced backyard with plenty of room to create your ideal outdoor space—whether that’s a garden, play area, or future patio setup. The wide-open layout gives you a blank canvas to truly make it your own. With its warm feel, functional layout, and added value with closing cost assistance, this Elgin home is ready for its next owner to move in and make it their own.

10. 2026-03-09
    listed $299,999 Active 1307-char remark

    Show marketing remark (1307 chars)

    Welcome home to 17701 Oso Cove in Elgin, TX — Now offering up to $4,000 toward buyer closing costs! This charming two-story home features 4 bedrooms, 2 bathrooms, and approximately 1,900 square feet of comfortable, well-designed living space. From the moment you arrive, you’ll notice the inviting curb appeal, complete with a welcoming front entry and space to sit and enjoy the neighborhood. Inside, the open-concept layout creates a natural flow between the kitchen, living, and dining areas—perfect for everyday living and easy entertaining. The kitchen stands out with rich cabinetry, a stylish subway tile backsplash, and a spacious breakfast bar that keeps everyone connected. Upstairs and down, the generously sized bedrooms offer flexibility for guests, a home office, or additional living needs, while the primary suite provides a quiet retreat at the end of the day. Step outside to a large, fully fenced backyard with plenty of room to create your ideal outdoor space—whether that’s a garden, play area, or future patio setup. The wide-open layout gives you a blank canvas to truly make it your own. With its warm feel, functional layout, and added value with closing cost assistance, this Elgin home is ready for its next owner to move in and make it their own.

ⓘ 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: $7,549 · $629/mo
• Projected year-2 tax: $7,549 · $629/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: $26,802
• − Mortgage interest: −$15,124
• − Property taxes: −$7,549
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,144
• − Management: −$2,144
• − HOA: −$780
• − Depreciation: −$7,855
• Taxable loss: −$10,144
• Est. tax savings @ 24.0%: +$2,435
• After-tax cash flow: $-3,062/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 · 12 photos

Good 80/100 Cosmetic rehab

This charming two-story home in Elgin, TX is in good condition with a good condition score of 80. It offers a good investment opportunity with potential for both resale and rental value through minor updates and improvements.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
• Both Updating the flooring in the living areas — Newer flooring can improve the overall look and feel of the home.
• Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and increase the home's value.
• Both Installing smart home features — Smart home features can increase convenience and appeal to tech-savvy buyers.
• Both Landscaping improvements — Enhanced landscaping can boost curb appeal and attract more potential buyers/renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Updating the flooring in the living areas — Newer flooring can improve the overall look and feel of the home. ↑
• Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and increase the home's value. ↑
• Both Installing smart home features — Smart home features can increase convenience and appeal to tech-savvy buyers. ↑
• Both Landscaping improvements — Enhanced landscaping can boost curb appeal and attract more potential buyers/renters. ↑

ⓘ 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

-10.0% since first listed

5 events — show timeline

• 2026-05-12 Price Changed $270,000 Unlock MLS
• 2026-04-28 Price Changed $275,000 Unlock MLS
• 2026-04-12 Price Changed $280,000 Unlock MLS
• 2026-04-04 Price Changed $290,000 Unlock MLS
• 2026-03-09 Listed $299,999 Unlock MLS

Property tax history

+143.2%/yr

Latest (2026): $7,549 · -4.8% YoY. Source: county tax records.