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Keenan Group#1 Austin Board of Realtors Team 2024
1206 Lake Terrace DR, photo 1 of 28, Elgin, Elgin, TX
Active

$315,000

3Beds
2Baths
1,525Sq Ft
0.33 acresLot

1206 Lake Terrace Dr, Elgin, TX 78621

Elgin·MLS# 7180357·Built 1961·21 days on market

3 bed, 2 bath, 1,525 sqft on 0.33 acres in Elgin. Elgin, TX 78621. $315,000. Elgin ISD.

About This Home

No HOA and a great location! This charming single-story brick home offers an open, functional floor plan with inviting indoor and outdoor living spaces. The updated kitchen features ample cabinet space, stainless steel appliances, a breakfast bar, and attractive countertops, opening to the dining and living areas for easy everyday living and entertaining. The living room is accented by a beautiful brick feature wall, and the bedrooms offer ceiling fans and plenty of natural light. Situated on approximately .33 acres, the fully fenced backyard includes mature shade trees, a spacious covered patio, and additional storage sheds. The front yard features mature pecan trees, an extended driveway, and an attached carport. Conveniently located less than a mile from Highway 290 and downtown Elgin, with easy access to Bastrop, Austin-Bergstrom International Airport, downtown Austin, the Samsung facility in Taylor, and the Tesla Gigafactory. A great combination of space, location, and outdoor living, ready for its next owner to make it their own.

Property Type
Residential
Year Built
1961
Lot Size
0.33 acres
Price / Sq Ft
$207

Listing information last updated September 26, 2026.

Listed by Sterling & Associates R.E.

MLS# 7180357 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 0.33-acre lot
Breakfast Bar
Ceiling Fan(s)
No Interior Steps
Primary Bedroom on Main
Washer

Facts & Features

Interior

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • No Interior Steps
  • Primary Bedroom on Main

Appliances

  • Washer
  • Dryer
  • Washer
  • Dryer Stacked

Flooring

  • Carpet
  • Tile
  • Vinyl
Heating
Central,Wall Furnace
Cooling
Ceiling Fan(s),Central Air
Exterior & Lot

Features

  • No Exterior Steps

Construction

  • Brick Veneer

Lot Features

  • Level
  • Trees-Large (Over 40 Ft)
  • Many Trees

Fencing

  • Partial
  • Wood

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
Roof
Shingle
Lot Size
0.33 Acres

Parking

  • Attached Carport
  • Carport
Financial
Original List Price
$315,000
Price per Sq Ft
$207
Utilities
  • Electricity Available
  • Electricity Connected
  • Natural Gas Available
  • Natural Gas Connected
  • Sewer Available
  • Sewer Connected
  • Water Available
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 1206 Lake Terrace DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $315,000Original list: $315,000MLS 7180357
    1. Listed · September 25, 2026$315,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listed with current price, original ask, and market time.

View Timeline
Current list
$315,000
Original list
$315,000
Price movement
No verified reduction
Listed / DOM
Sep 25, 2026 · 21 days
Map showing 1206 Lake Terrace DR
1206 Lake Terrace DR
Directions

Zoned Schools

Elgin ISD

1 High School1 Middle School1 Elementary School

Elgin

High SchoolGrades 9-12Zoned assignment

Elgin

Middle SchoolGrades 6-8Zoned assignment

Elgin

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$1,745

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($63K)

Adjustable assumption - not a lending recommendation.

$315,000

Loan: $252K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Elgin pricing, timing, and property scale. No automated valuation claim.

List price

$315,000

Price per sqft

$207/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

21 days

Original to current

No verified reduction

$315K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Verified property facts

Frequently Asked Questions

How much is 1206 Lake Terrace Dr?

1206 Lake Terrace Dr is listed at $315,000 with 3 bedrooms, 2 full bathrooms, 1,525 square feet, 0.33-acre lot. This places it above the ZIP 78621 single-family closed-sale median price of $282,500 (ZIP 78621 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 1206 Lake Terrace Dr in?

1206 Lake Terrace Dr is zoned for Elgin ISD with assigned schools: Elgin (elementary), Elgin (middle), Elgin (high). School assignments should be verified directly with the district.

What are the property details for 1206 Lake Terrace Dr?

1206 Lake Terrace Dr is a Residential built in 1961 featuring 3 bedrooms, 2 full bathrooms, 1,525 square feet, 0.33-acre lot.

What are the property taxes for 1206 Lake Terrace Dr?

The most recent annual property tax for 1206 Lake Terrace Dr is $3,301. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 1206 Lake Terrace Dr?

This page does not assume a mortgage rate or publish a monthly payment for 1206 Lake Terrace Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1206 Lake Terrace Dr compare with other homes in Elgin?

As of Oct 15, 2026, 1206 Lake Terrace Dr is offered at $315,000. The current MLS snapshot shows 298 active listings in 78621. Keenan Group has completed 1 verified transactions in 78621 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 1206 Lake Terrace Dr built?

1206 Lake Terrace Dr was built in 1961 (65 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Elgin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 6:37:07 AM. 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.

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Last updated: 10/15/2026, 6:37:07 AM

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