18401 E US HIGHWAY 290, ELGIN, TX 78621
Homes for sale in Elgin.
Homes for sale in 78621.
List Price$4,800,000
18401 E US Highway 290
Elgin, TX 78621
Listing #4844944
Lots / Land
Type
About This Property
Gold Tier Real Estate is proud to present a ±10.89-acre, fully entitled multi-family development site along Highway 290 in Elgin, Texas. With utilities and road infrastructure being delivered by the seller--and an approved Development Agreement already in place--this tract offers a true turn-key opportunity for a garden-style multi-family developer. The property is zoned for up to 300 units, and a conceptual site plan reflecting 276 units is available for review. As part of the master development, the seller is constructing a new City of Elgin park and nature-trail hiking center that will sit directly adjacent to the site, providing a high-value amenity for future residents. Neighboring development continues to enhance the area's long-term appeal: DR Horton is developing townhomes on the western parcel. Huntington Properties is delivering new, high-traffic retail along the Highway 290 commercial pads. **Broker does not warrant the accuracy of any information provided. Buyer is to conduct their independent due diligence.**
Property Features
Location Information
County
Travis
Subdivision
n/a
County
Travis
Directions
From central Austin, take US-290 East and continue for about 20--25 miles toward Elgin, passing through Manor as you stay on the highway. Follow the signs for Elgin/Bastrop, keeping to the right lanes as the road curves. Stay on US-290 the entire way, and as you approach Elgin, watch for your destination on the right. The address 18401 E US Highway 290, Elgin, TX 78621 will be clearly visible from the highway.
Area
EL
Exterior Features
Is New Construction
No
Waterfront Description
See Remarks
Water / Sewer
Municipal Utility District
Has Waterfront
No
Water
Municipal Utility District
Has View
Yes
Lot Size in Acres
10.89
View
Park/Greenbelt, Creek/Stream
Zoning
See Remarks
School
Elementary School District
Elgin ISD
Middle School
Elgin
Elementary School
Neidig
High School
Elgin
Additional Information
Other Utilities
Electricity Available, Sewer Available, Water Available
APN
237082
Property Type
LL
Status
Active
Property SubType
Other
Documents Available
Aerial
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Mortgage Calculator
$22,416
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$17,296
Monthly Tax
$4,000
Monthly Insurance
$1,120
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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