579 Lower Elgin RD, Elgin, TX 78621 - MLS#2746329

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Spencer Wheelwright

[email protected] +1(512) 944-8553

$3,000,000

Est. payment - /mo

95.87 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision Standifer, William

MLS Listing ID 2746329

Tax Year 2024

Lot Size 95.867 Acres

Acres 95.867

Property Sub-Type Ranch

Source actris

Property Description

This exceptional 95.867-acre unrestricted property is strategically located just 28 minutes from Austin-Bergstrom International Airport and a mere 10 minutes from downtown Elgin, Texas. The land offers versatile opportunities for immediate development or as a long-term investment. Public water and electricity are available nearby, facilitating various development plans. Additionally, the property benefits from an agricultural exemption, keeping annual property taxes below $900/year. The area is experiencing significant growth, highlighted by a 600-acre development by LanZola Communities directly across the street. Elgin's population has surged by 34.14% since 2020, reaching 13,140 residents in 2024, with an annual growth rate of 6.79%.This rapid expansion underscores the region's increasing appeal and economic vitality. Given its prime location and the area's robust development trajectory, this property presents an opportunity for investors and developers aiming to capitalize on Elgin's dynamic growth.

Location

State TX

County Bastrop

Interior

Fireplace No

Exterior

Fence Full

Community Features None

Utilities Available Electricity Available, Water Available

Waterfront Description Pond

View Rural, See Remarks

Private Pool No

Building

Lot Description Agricultural

Sewer None

Water Public

New Construction No

Schools

Elementary Schools Booker T Washington

Middle Schools Elgin

High Schools Elgin

School District Elgin Isd

Others

Special Listing Condition Standard

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Listed by Land Unlimited

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Spencer Wheelwright

+1(512) 944-8553

Broker Associate | License ID: 667574

Broker Associate License ID: 667574

579 Lower Elgin RD Elgin, TX 78621

Spencer Wheelwright

Key Details

Location

Interior

Exterior

Building

Schools

Others

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