1389 Highway 290, Elgin, TX 78621

$1,500,000
4
BD
2
BA
2,703
SqFt

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List Price
$1,500,000
Status
ACTIVE
MLS#
1490181
Price Change
▼ $400,000 1785282050
Days on Market
26
Bedrooms
4
Bathrooms
2
Living Area
2,703
Lot Size
468,444
Area
Bastrop/Smithville, Elgin/Manor, Hutto/Taylor/Coupland

Property Description

Are you looking for a commercial location on one of the busiest highways in Texas between Austin and Houston? Welcome to 1389 Highway 290 E. in Elgin, Texas. This unrestricted +/- 10.75-acre property offers incredible flexibility and endless potential for commercial, residential, investment, or mixed-use opportunities in one of Central Texas’ fastest-growing corridors.The property features a residential component offering over 2,500 square feet per owner, which could serve as office space, living quarters, or a combination of both. Also included is a 2,400-square-foot red iron steel building with two roll-up doors (12x12 and 8x16 with electric opener), ideal for warehousing, equipment storage, workshop space, or business operations.Additional improvements include a well that is in working order with a transferable 5-year warranty. The well pump, controller, and motor have all been recently replaced. The irrigation system is also currently operational. Conveniently located approximately 7 miles from downtown Elgin, 17 miles from Bastrop, 35 miles from Austin-Bergstrom International Airport, 32 miles from downtown Austin, 25 miles from the Samsung facility in Taylor, and 30 miles from the Tesla plant, this property is positioned perfectly to benefit from the tremendous growth happening throughout Central Texas. Buyer and/or buyer’s agent to verify all information including measurements, intended use, restrictions, utilities, and development requirements.

Additional Information

Taxes
$10,308
Tax Year
2025
Year Built
1958
Garage Spaces
4
Parking Spaces
10
Exterior Features
None
Interior Features
See Remarks
Roof
See Remarks
Appliances
See Remarks
Construction
See Remarks, HardiPlank Type, Metal Siding
Region
Bastrop/Smithville, Elgin/Manor, Hutto/Taylor/Coupland
School District
McDade ISD
Elementary School
McDade
High School
McDade
Middle School
McDade
Sewer
Septic Tank
Stories
1
Street Name
Highway 290
Street Number
1389
Neighborhood
Black, Joseph
Water
Public, Well
Guest Accommodations
None
Acres
10.75
County
Bastrop
Floor
Concrete, Laminate, Tile, Wood
Heating
Central
Lot Description
Gentle Sloping, Level, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Sterling & Associates R.E.. Contact: (512) 281-3336

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