




$338,500
NAL Estimated Property Value701 E 3rd ST, Elgin, TX, 78621
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About this property
Built in 2024, this beautifully crafted new construction home offers the perfect blend of modern design, functional living, and small-town Texas charm — all with NO HOA restrictions. Located in the growing Elgin community, this 3-bedroom, 2-bath residence features 1,861 square feet of thoughtfully designed open-concept living space ideal for today’s lifestyle. Step inside to soaring ceilings accented with rustic wood beams, creating a warm and inviting atmosphere filled with character and natural light. Wood-style vinyl plank flooring flows throughout the main living areas, while the spacious open layout seamlessly connects the kitchen, dining, and living spaces for effortless entertaining and everyday comfort. The kitchen is designed to impress with quartz countertops, stainless steel appliances, abundant cabinetry, and a large center island perfect for gathering, meal prep, or casual dining. The private primary suite offers a spacious retreat with room to relax, while the additional bedrooms provide flexibility for guests, a home office, fitness room, or growing household needs. Outside, enjoy a fully fenced backyard and covered patio ideal for entertaining, pets, gardening, or peaceful evenings outdoors. With no HOA, owners enjoy added freedom and flexibility for parking, storage, recreational equipment, and personalized property use — a rare find in newer construction homes. Conveniently located just minutes from Historic Downtown Elgin, local restaurants, coffee shops, parks, schools, and shopping, this home offers easy access to Hwy 290 and commuter routes into Austin, Tesla, Samsung, and surrounding Central Texas employers. Whether you're searching for a move-in-ready primary residence, investment opportunity, or modern Texas home with room to breathe, this property delivers exceptional value, style, and location in one of Central Texas’ fastest-growing areas.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Elgin
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