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$ 4,000,000
Est. payment /mo
Active
579 Lower Elgin RD Elgin, TX 78621
95.87 Acres Lot
UPDATED:
02/06/2025 03:06 PM
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
Subdivision Standifer, William
MLS Listing ID 5083184
Originating Board actris
Tax Year 2024
Lot Size 95.867 Acres
Acres 95.867
Property Sub-Type Lot
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
Community Features None
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Rural, See Remarks
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
Listed by Land Unlimited