505 E HIGHWAY 290, ELGIN, TX 78621

Homes for sale in Elgin.

Homes for sale in 78621.


505 E Highway 290

Elgin, TX 78621

Status of the property has changed, please contact for details

List Price$499,000

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

Listing #9246435

5

Bedrooms

5 full

Bathrooms

3,352

Square Feet

House

Type

About This Property

This prime 0.258-acre property with Highway 290 frontage offers unbeatable location and is move-in ready! Perfect for investors, this property features 5 units? lots of potential you could live in one unit and rent out the other 4 or rent all 5 units?providing excellent income potential. The upstairs west unit has previously rented for $1,200, while the other 4 units could bring in $700 each. Please note, the functionality of the pool is unknown. The property is being sold "As Is," and the condition is perfect for someone looking to maximize rental income. Don't miss out on this fantastic opportunity! Conveniently located less than a mile from the Heart of downtown Elgin, 18 mi from Bastrop, 25 mi from downtown Austin, 28 mi from Austin International Airport, 17.5 mi from Samsung Factory in Taylor, 23.6 miles from the Tesla plant.

Property Features

Location Information

County

Bastrop

Subdivision

Stoval

County

Bastrop

Directions

From Austin take Hwy 290 to Elgin. Property will be on right side of Hwy 290 past HWY 95

Area

EL

Interior Features

Interior

Interior Steps, See Remarks

Laundry

None

Full Baths

5

Disabled Features

None

Number of Fireplaces

0

Appliances

Electric Cooktop, Oven

Heating

See Remarks

Accessibility

None

Floors

Carpet, See Remarks

Exterior Features

Stories

2

Garage Spaces

0

Is New Construction

No

Fencing

None

Exterior

None

Has a Pool

Yes

Foundation

Slab

Lot Size in Acres

0.258

Possession

Closing & Funding, Close Of Escrow

Waterfront Description

None

Water / Sewer

Septic Tank

Has Waterfront

No

Water

Private

Has View

No

Parking Description

Outside

View

None

School

Elementary School District

Elgin ISD

Middle School

Elgin

Elementary School

Booker T Washington

High School

Elgin

Additional Information

Roof/Attic

Metal

APN

14185

Other Utilities

Electricity Available

Status

Active

Property Type

SFR

Documents Available

None

Property SubType

Single Family Residence

Square Feet Source

Public Records

Year Built

1960

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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

Listing Courtesy of: Sterling & Associates R.E.

© 2025 Austin Board of REALTORS® (ACTRIS). All rights reserved.
Listings courtesy of APPLICABLE MLS as distributed by MLSGRID. Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS® ACTRIS and their affiliates provide the MLS and all content therein " AS IS" and without any warranty, express or implied. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from ACTRIS through the date and time shown below.

ACTRIS-ABOR-Austin data last updated at May 16, 2025, 3:49 PM CT

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