1389 Highway 290, Elgin, TX 78621

$1,500,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,500,000
Status
ACTIVE
MLS#
5239360
Days on Market
77
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
Parking Spaces
10
Construction
See Remarks, HardiPlank Type, Metal Siding
Region
Bastrop/Smithville, Elgin/Manor, Hutto/Taylor/Coupland
Sewer
Septic Tank
Street Name
Highway 290
Street Number
1389
Neighborhood
Black, Joseph
Water
Public, Well
Acres
10.75
County
Bastrop
Floor
Concrete, Laminate, Tile, Wood
Heating
Central

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.