1389 Highway 290, Elgin, Texas

$1,500,000
Active
1389 Highway 290, Elgin, Texas
1389 Highway 290, Elgin, Texas
1389 Highway 290, Elgin, Texas
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Property Details

MLS ID: ACT5239360
Status: Active
Price: $1,500,000
Acres: 10.75±
Type: Development, Commercial
Address: 1389 Highway 290
City, State: Elgin, TX
County: Bastrop County
ZIP Code: 78621
Parcel Number: 10714
SqFt: 4,900
Year Built: 1958

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.

Directions: From Elgin take Hwy 290, go approx 2 miles property is on the right. Look for sign.

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Listed By: Cecilia Whitley of Sterling & Associates R.e. - (512) 940-3484