1389 Highway 290 EElgin, TX 78621

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.

Property Information

Property type

Farm

Sub-type

Single Family Residence

Year built

1958

Living area

2,703 Sq Ft

Lot size

10.75 acres

Garage spaces

4

Parking spaces

10

Days on market

77

MLS^® Listing#

8391136

Property Features

Interior

See Remarks

Exterior

None

Cooling

Central Air

Heating

Central

Flooring

Concrete · Laminate · Tile · Wood

Parking

See Remarks · Detached · Garage · Outside · Workshop in Garage

Laundry

Laundry Room

Patio

See Remarks

Fencing

Partial

Lot features

Gentle Sloping · Level · Many Trees

Construction

See Remarks · HardiPlank Type · Metal Siding

Foundation

Pillar/Post/Pier · Slab

Roof

See Remarks

Other structures

Residence · Workshop

Community

None

Utilities

Electricity Available · Electricity Connected · Natural Gas Available · Natural Gas Connected · Water Available · Water Connected

Sewer

Septic Tank

Water source

Private · Public · Well

Schools

Elementary

McDade

Middle

McDade

High

McDade

Financial Details

Annual taxes

$10,309Tax year 2025

Assessed value

$650,706

Parcel number

10714

Directions

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