1001 WILLOW CREEK DRIVE, ELGIN, TX 78621
Homes for sale in Elgin.
Homes for sale in 78621.
1001 Willow Creek Drive
Elgin, TX 78621
List Price$499,000
Listing #8442570
Farm
Type
About This Property
Discover a unique investment opportunity sitting on 15.197 +/- acres, this versatile farm/ranch property has a strong rental income potential. This expansive tract features multiple rental dwellings and RV spaces, all serviced by a shared well with separate electric meters. With month-to-month leases in place, the property generates steady revenue, including units renting from $200 to $1,000 per month. While rental units will only be shown once under contract, prospective buyers can tour the land to appreciate its full potential. Whether you're looking to expand your rental portfolio or establish a multi-use ranch, Rental amounts included unit 1 $650, unit 5 $900, unit 6 $1000, unit 7 $850, unit 1 rent unpaid, unit 15 $700, Unit 16 $700, unit 18 $200. Conveniently located 7 miles from the Heart of downtown Elgin, 25 mi from Bastrop, 36 mi from downtown Austin, 38 mi from Austin International Airport, 24 mi from Samsung Factory in Taylor, 34 miles from the Tesla plant.
Property Features
Location Information
County
Lee
Subdivision
None
County
Lee
Directions
From Hwy 290, L on FM 696, L on Willow, continue on gravel rd to entrance gate. Dead ends at entrance.
Area
LC
Interior Features
Heating
See Remarks
Exterior Features
Is New Construction
No
Lot Size in Acres
15.197
Water / Sewer
See Remarks
Road Description
Dirt
Water
Well
Waterfront Description
None
Fencing
Barbed Wire, Fenced, Livestock
Has Waterfront
No
Is a Horse Property
Yes
Has View
No
Topography
Varied
View
None
School
Elementary School District
Lexington ISD
Middle School
Lexington
Elementary School
Lexington
High School
Lexington
Additional Information
Other Utilities
Electricity Connected, Propane, Phone Available, Sewer Connected, Water Connected
APN
15777
Property Type
FRM
Status
Active
Property SubType
Ranch
Documents Available
None
Similar Listings
Mortgage Calculator
$2,329
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,798
Monthly Tax
$415
Monthly Insurance
$116
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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