416 DEPOT STREET, ELGIN, TX 78621

Homes for sale in Elgin.

Homes for sale in 78621.


Status of the property has changed, please contact for details

List Price$1,200,000

416 Depot Street

Elgin, TX 78621

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #6475179

7,015

Square Feet

Commercial

Type

About This Property

A rare opportunity to own a truly versatile property just minutes from the heart of downtown Elgin. This expansive 7,015 sq ft space is currently operating as a thriving hair salon and spa, yet it has been thoughtfully designed to easily transform into a residential, commercial, or mixed-use property. Inside, you will find a flexible layout with temporary walls that create private rooms for the current business. These can be removed to reveal a wide-open, airy floor plan ready for your next vision. Whether you are dreaming of a boutique, wellness center, creative studio, office headquarters, event venue, or a one-of-a-kind live-work residence, this space delivers the square footage and adaptability to make it happen. An attached studio with its own private entrance adds even more opportunity. It is ideal for rental income, a separate business, guest suite, or private office. Perfectly positioned near booming downtown Elgin, this property offers the best of both worlds. You get privacy and space while staying just moments away from dining, shopping, and the vibrant energy of a growing city. High visibility, easy access, and strong surrounding development make this an exceptional long-term investment.

Property Features

Location Information

County

Bastrop

Subdivision

Burleson, Jonathan

County

Bastrop

Directions

Near Hwy 290 next to railroad tracks

Area

EL

Interior Features

Heating

See Remarks

Disabled Features

See Remarks

Floors

See Remarks

Accessibility

See Remarks

Exterior Features

Style

Brick, Concrete

Water

Public

Is New Construction

No

Parking Description

See Remarks

Construction/Exterior

Brick, Concrete

Lot Size in Acres

0.967

Possession

Closing & Funding, Close Of Escrow

Buildings

1

Water / Sewer

None

Has Waterfront

No

Additional Information

Other Utilities

See Remarks, Sewer Not Available

APN

14880

Property Type

COM

Status

Active Under Contract

Property SubType

Business

Documents Available

See Remarks

Year Built

1981

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Mortgage Calculator

$5,604

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,324

Monthly Tax

$1,000

Monthly Insurance

$280

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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