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Keenan Group#1 Austin Board of Realtors Team 2024

$905,000

4Beds
4Baths
4,036Sq Ft
2.61 acresLot

197 Elm Wood Dr, Elgin, TX 78621

Reduced 5%$950,000
Elgin·MLS# 2816082·Built 2000·91 days on market

4 bed, 4 bath, 4,036 sqft on 2.61 acres in Elgin. Elgin, TX 78621. $905,000. Elgin ISD.

About This Home

Escape to your own private retreat at 197 Elm Wood Drive in Elgin, where peaceful country living meets exceptional space and functionality. Nestled on 2.613 wooded acres, this beautifully designed 4-bedroom, 4-bathroom home offers the perfect balance of privacy, comfort, and versatility, all surrounded by mature trees that create a secluded, park-like setting.

Inside, you'll find a thoughtfully designed floor plan featuring a spacious primary suite on the main level, providing both convenience and privacy. The heart of the home is the expansive kitchen, complete with abundant cabinetry, generous counter space, and a large walk-in pantry—ideal for everyday living and effortless entertaining. The kitchen flows seamlessly into the inviting living room, where a cozy fireplace creates the perfect gathering space.

Each of the home's generously sized bedrooms offers ample room to unwind, while the bathrooms feature spacious walk-in showers designed with both comfort and style in mind. Upstairs, a versatile loft provides endless possibilities as a home office, media room, game room, or potential fifth bedroom to suit your lifestyle.

Step outside and experience your own backyard oasis. The beautifully landscaped grounds surround a sparkling pool, while the expansive covered porch and built-in outdoor grill create the ideal setting for relaxing evenings, weekend gatherings, and year-round entertaining.

Car enthusiasts, hobbyists, and those needing additional workspace will appreciate the incredible garage capacity. The attached garage offers 2 parking spaces, while a separate detached garage provides 12 additional garage bays, delivering exceptional storage, workshop potential, or room for recreational vehicles and equipment.

Offering the tranquility of country living with thoughtfully designed indoor and outdoor spaces, 197 Elm Wood Drive is a rare opportunity to own a private estate that combines comfort, versatility, and endless possibilities.

Property Type
Residential
Year Built
2000
Lot Size
2.61 acres
Price / Sq Ft
$224
HOA
$532/year
Garage
14 spaces
Pool
Yes

Listing information last updated October 17, 2026.

Listed by Twelve Rivers Realty

MLS# 2816082 • Active

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

Highlights

Private pool and outdoor entertaining setup
14-car garage with additional parking capacity
Generous 2.61-acre lot
Breakfast Bar
Built-in Features
Ceiling Fan(s)

Facts & Features

Interior

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Crown Molding
  • Double Vanity
  • Eat-in Kitchen
  • Entrance Foyer
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Natural Woodwork
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Appliances

  • Built-In Oven(s)
  • Dishwasher
  • Dryer
  • Microwave
  • Oven
  • Refrigerator
  • Washer

Flooring

  • Carpet
  • Tile
  • Wood
Heating
Central
Cooling
Ceiling Fan(s),Central Air
Fireplaces
1
Exterior & Lot

Features

  • Lighting
  • Outdoor Grill
  • Private Yard

Construction

  • Stone

Lot Features

  • Back Yard
  • Cul-De-Sac
  • Front Yard
  • Landscaped
  • Many Trees

Fencing

  • Wire

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
  • Patio
  • Rear Porch
Roof
Shingle
Lot Size
2.61 Acres

Parking

  • Driveway
  • Garage
Garage Spaces
14
Pool
Yes
Financial
HOA Fee
$532 / year
Original List Price
$950,000
Price per Sq Ft
$224
Utilities
  • Electricity Available
  • Water Available
Water Source
See Remarks,Public
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 197 Elm Wood DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $905,000Original list: $950,000MLS 2816082
    1. Listed · July 23, 2026$950,000
    2. Price changed · August 14, 2026$925,000
    3. Price changed · September 10, 2026$905,000

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

Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$905,000
Original list
$950,000
Price movement
$45K reduction
Listed / DOM
Jul 23, 2026 · 91 days

Virtual Tour

Virtual tour of 197 Elm Wood Dr
Map showing 197 Elm Wood DR
197 Elm Wood 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

Booker T Washington

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
$5,013
HOA dues
$44

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

HOA source: MLS Grid / Unlock MLS, as of 2026-10-17T19:06:22.923+00:00; normalized from annual dues.

20% ($181K)

Adjustable assumption - not a lending recommendation.

$905,000

Loan: $724K
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

$905,000

Price per sqft

$224/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

91 days

Original to current

$45K reduction

$950K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.

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Frequently Asked Questions

How much is 197 Elm Wood Dr?

197 Elm Wood Dr is listed at $905,000 with 4 bedrooms, 4 full bathrooms, 4,036 square feet, 2.61-acre lot. This places it above the ZIP 78621 single-family closed-sale median price of $282,999 (ZIP 78621 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What school district is 197 Elm Wood Dr in?

197 Elm Wood Dr is zoned for Elgin ISD with assigned schools: Booker T Washington (elementary), Elgin (middle), Elgin (high). School assignments should be verified directly with the district.

What are the property details for 197 Elm Wood Dr?

197 Elm Wood Dr is a Residential built in 2000 featuring 4 bedrooms, 4 full bathrooms, 4,036 square feet, 2.61-acre lot.

What are the property taxes for 197 Elm Wood Dr?

The most recent annual property tax for 197 Elm Wood Dr is $17,253. 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 197 Elm Wood Dr?

This page does not assume a mortgage rate or publish a monthly payment for 197 Elm Wood Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 197 Elm Wood Dr compare with other homes in Elgin?

As of Oct 17, 2026, 197 Elm Wood Dr is offered at $905,000. The current MLS snapshot shows 299 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.

What is the community structure at 197 Elm Wood Dr?

The MLS listing reports HOA or association dues of $532 annual for 197 Elm Wood Dr. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

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

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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 10/17/2026, 2:06:22 PM. 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: 10/17/2026, 2:06:22 PM

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