579 LOWER ELGIN ROAD, ELGIN, TX 78621

Homes for sale in Elgin.

Homes for sale in 78621.


579 Lower Elgin Road

Elgin, TX 78621

Status of the property has changed, please contact for details

List Price$2,999,999

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

Listing #569005

Lots / Land

Type

About This Property

This exceptional 95.867-acre unrestricted property is strategically located just 28 minutes from Austin-Bergstrom International Airport and a mere 10 minutes from downtown Elgin, Texas. The land offers versatile opportunities for immediate development or as a long-term investment. Public water and electricity are available nearby, facilitating various development plans. Additionally, the property benefits from an agricultural exemption, keeping annual property taxes below $900/year. The area is experiencing significant growth, highlighted by a 600-acre development by LanZola Communities directly across the street. Elgin's population has surged by 34.14% since 2020, reaching 13,140 residents in 2024, with an annual growth rate of 6.79%.This rapid expansion underscores the region's increasing appeal and economic vitality. Given its prime location and the area's robust development trajectory, this property presents an opportunity for investors and developers aiming to capitalize on Elgin's dynamic growth.

Property Features

Location Information

County

Bastrop

Directions

From downtown Elgin go NE on Main St, turn right on N Main St, continue onto FM1704 S, turn left onto Coon Neck Rd, then left onto Lower Elgin Road, & the property will be on the left.

Subdivision

Standifer, William

Exterior Features

Possession

Closing

Water Body

Pond/Stock Tank

Fencing

Full

Has Waterfront

No

Lot Size in Acres

95.867

View

Pond

Buildings

0

School

School District

Elgin ISD

Additional Information

Other Utilities

Electricity Available

Property SubType 2

Land

Property Type

LL

Status

Active

Property SubType

Acreage

Similar Listings

Mortgage Calculator

$14,008

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$10,810

Monthly Tax

$2,499

Monthly Insurance

$699

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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