Active · MLS# 1490181

1389 Highway 290 None E

Elgin, TX, 78621

$1,500,000

4 Beds · 2 Baths · 2,703 SF · $555/SF

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 Details

Property type

Single Family Residence

Living area

2,703 sq ft

Bedrooms

4

Bathrooms

2 full

Year built

1958

Lot size

10.754 acres

Garage

4 spaces

Subdivision

Black, Joseph

County

Bastrop

Annual taxes

$10,309

Schools

Elementary

McDade

Middle

McDade

High

McDade

Features

Interior

See Remarks

Exterior

None

Flooring

Concrete · Laminate · Tile · Wood

Heating

Central

Cooling

Central Air

Views

See Remarks · Trees/Woods

Listing courtesy of Cecilia Whitley, Sterling & Associates R.E.. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.